When was MILA founded?

MILA was founded in 1993 and raised its 1st funding round 23 years after it was founded.

Where is MILA located?

MILA is headquartered in Montreal, Canada.

Is MILA a funded company?

MILA is a funded company, having raised a total of $8.5M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2016.

When was the latest funding round of MILA?

MILA's latest funding was a $***** Series A round on Nov 13, 2020, with participation from 1 investor. Its primary sector is AI Services. In Canada, the AI Services sector has seen $179M in funding in 2026 to date.

Where does MILA rank among its competitors?

MILA ranks 16th amongst 1482 active competitors, of which 37 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was inherentlabs.ai, which secured $50M in May, 2026.

Who are the top competitors of MILA?

MILA's top competitors include Thinking Machines Lab, Google DeepMind and Recursive. Among them, inherentlabs.ai secured the most recent funding round in May, 2026.

MILA - 2026 Company Profile, Funding & Competitors

MILA is a series A company based in Montreal (Canada), founded in 1993. It operates as a Provider of AI research services. MILA has raised $8.5M in funding from Google. The company has 1482 active competitors, including 37 funded and 13 that have exited. Its top competitors include companies like Thinking Machines Lab, Google DeepMind and Recursive.

Company Details

Website: mila.quebec/en
Email ID: *****@mila.quebec

Key Metrics

Founded Year

1993

Location

Montreal, Canada

Stage

Series A

Total Funding

$8.5M in 2 rounds

Latest Funding Round

Series A, Nov 13, 2020, $*****

Investors

Google

Ranked

16^th among 1482 active competitors

Similar Companies

Thinking Machines Lab & 1059 more

View MILA's full profile

MILA has raised a total funding of $8.5M over 2 rounds. Its first funding round was on 2016. Its latest funding round was a Series A round on Nov 13, 2020 for $*****. 1 investor participated in its latest round. MILA has 1 institutional investor.

Here is the list of recent funding rounds of MILA:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 13, 2020	3579028	Series A	2653519	9255630	2952936	3388731
2016	3520	Series A	1872	2320	8153	Google

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Top competitors of MILA include Thinking Machines Lab, Google DeepMind and Recursive. Here is the list of Top 10 competitors of MILA, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thinking Machines Lab 2024, San Francisco (United States), Seed	Developer of customizable multimodal AI systems and open-source AI research.	$2B	Owl Ventures, Andreessen Horowitz & 12 others	65/100
2nd	Google DeepMind 2010, London (United Kingdom), Funding Raised	Provider of AI research services	-	Founders Growth Equity Fund, Tao Capital Partners	59/100
3rd	Recursive 2026, San Francisco (United States), Series A	Developer of algorithms for recursive self-improving artificial intelligence research systems	$650M	Greycroft, Google Ventures & 5 others	58/100
4th	ETRI 1976, Yuseong District (South Korea), Funding Raised	Provider of electronics and telecommunication research institute	-	Magellan Technology Investment, Devsisters Ventures ... & 2 others	56/100
5th	Pluralis 2024, San Francisco (United States), Seed	Developer of research for decentralized training of artificial intelligence models	$7.6M	Union Square Ventures, CoinFund & 6 others	53/100
6th	Allen Institute for Artificial Intelligence 2014, Seattle (United States), Funding Raised	Provider of AI research, natural language processing, and computer vision services	-	National Science Foundation	50/100
7th	Irregular 2023, Tel Aviv (Israel), Series A	Provider of security evaluations and research for frontier artificial intelligence systems	$80M	Redpoint Ventures, Sequoia Capital & 4 others	48/100
8th	inherentlabs.ai London (United Kingdom), Seed	Developer of general-purpose inventive artificial intelligence systems for scientific research	$50M	Index Ventures, Radical Ventures	46/100
9th	Vector Institute 2017, Toronto (Canada), Unfunded	Non profit organisation focused on research in the filed of AL and machine deep learning	-	-	46/100
10th	humans& 2025, Redwood City (United States), Seed	Developer of artificial intelligence models focused on human interaction research	$480M	SV Angel, Felicis Ventures & 13 others	46/100
16th	MILA 1993, Montreal (Canada), Series A	Provider of AI research services	$8.5M	Google	39/100