Miles - About the company
Miles is a series A company based in Redwood City (United States), founded in 2016 by Parin Shah and Jigar Shah. It operates as an Online reward-based app for daily commute and travels. Miles has raised $20M in funding from investors like Scrum Ventures, JetBlue Technology Ventures and Liil Ventures. The company has 60 active competitors, including 6 funded and 1 that has exited. Its top competitors include companies like Smiles, Miles & More and GoCarma.
Company Details
Miles is an online reward-based app that provides reward points for daily commute and travels. Users can earn points on regular trips regardless of the mode of transportation. Rewarded points can be redeemed for various products and services offered by partnered companies. Their app is available for both Android and iOS devices.
- Website
- www.getmiles.com/
- Email ID
- *****@getmiles.com
Key Metrics
Founded Year
2016
Location
Redwood City, United States
Stage
Series A
Total Funding
$20M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 60 active competitors
Employee Count
44 as on Sep 30, 2026
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Miles's funding and investors
Miles has raised a total funding of $20M over 4 rounds. Its first funding round was on Jul 24, 2018. Its latest funding round was a Series A round on Jul 21, 2021 for $*****. 12 investors participated in its latest round. Miles has 18 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Miles:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2021 | 2941095 | Series A | 3204780 | 7065039 | 9448198 | 4266350 |
Jul 16, 2020 | 1143935 | Series A | 2999855 | 6395007 | 6235982 | 3252157 |
Apr 03, 2019 | 9170039 | Series A | 1976860 | 6107776 |
View details of Miles's funding rounds and investors
Miles' founders and board of directors
Founder? Claim ProfileThe founders of Miles are Parin Shah and Jigar Shah.
Here are the details of Miles' key team members:
- Parin Shah: Co-Founder of Miles and founder of 1 other company. They are also an angel investor in 1 startup.
- Jigar Shah: Co-Founder & CEO of Miles and founder of 1 other company.
View details of Miles's Founder profiles and Board Members
Miles' employee count trend
Miles has 44 employees as of Sep 26. Here is Miles's employee count trend over the years:
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Miles's Competitors and alternates
Top competitors of Miles include Smiles, Miles & More and GoCarma. Here is the list of Top 10 competitors of Miles, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Brazil based coalition loyalty program | $199M | 65/100 | ||
2nd | Miles 2016, Redwood City (United States), Series A | Online reward-based app for daily commute and travels | $20M | 58/100 | |
3rd | Miles & More 1997, Frankfurt Am Main (Germany), Unfunded | Travel coalition loyalty program | - | - | 55/100 |
4th | GoCarma 2007, Austin (United States), Series A | GPS tolling, road user charging & dynamic road pricing system | $10.1M | 48/100 | |
5th | App-based rewards platform for mobility | $2.5M | 46/100 | ||
6th | Frequent flyer program | - | 43/100 | ||
7th | COIN 2014, San Diego (United States), Unfunded | Mobile game developer focusing on the development of casual video games | - | - | 40/100 |
8th | Stamp Quest 2024, Japan, Unfunded | App-based travel companion for travelers | - | - | 37/100 |
9th | Official loyalty app for drivers and couriers | - | - | 36/100 | |
10th | AI and blockchain-enabled marketplace for micromobility services | - | - | 36/100 |
Looking for more details on Miles's competitors? Click here to see the top ones
Miles's Investments and acquisitions
Miles has made no investments or acquisitions yet.
Reports related to Miles
Here is the latest report on Miles's sector:
News related to Miles
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Miles & Stellantis Partnership Sees Success Through White-Label SolutionPRWeb•Sep 01, 2022•Stellantis, Miles
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Miles travel rewards platform raises $12.5MPhocusWire•Jul 21, 2021•Miles, Scrum Ventures, TransLink Capital, jal.co.jp and 12 others
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Nine tech start-ups chosen to pilot transport solutions in New YorkIntelligent Transport•Feb 27, 2020•Acoustic Protocol, Okeenea, Miles, Numina and 5 others
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