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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.
Social
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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
Ranked
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:lockFilter this list
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
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Miles' founders and board of directors

Founder? Claim Profile
The founders of Miles are Parin Shah and Jigar Shah.
Here are the details of Miles' key team members:

Miles' employee count trend

Miles has 44 employees as of Sep 26. Here is Miles's employee count trend over the years:
Employee count trend for Miles
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Smiles
Smiles
2013, Barueri (Brazil), Public
Brazil based coalition loyalty program
$199M
65/100
2nd
Logo for Miles
Miles
2016, Redwood City (United States), Series A
Online reward-based app for daily commute and travels
$20M
58/100
3rd
Logo for Miles & More
Miles & More
1997, Frankfurt Am Main (Germany), Unfunded
Travel coalition loyalty program
-
-
55/100
4th
Logo for GoCarma
GoCarma
2007, Austin (United States), Series A
GPS tolling, road user charging & dynamic road pricing system
$10.1M
48/100
5th
Logo for Velocia
Velocia
2018, Toronto (Canada), Series A
App-based rewards platform for mobility
$2.5M
46/100
6th
Logo for LifeMiles
LifeMiles
2011, Bogota (Colombia), Seed
Frequent flyer program
-
43/100
7th
Logo for COIN
COIN
2014, San Diego (United States), Unfunded
Mobile game developer focusing on the development of casual video games
-
-
40/100
8th
Logo for Stamp Quest
Stamp Quest
2024, Japan, Unfunded
App-based travel companion for travelers
-
-
37/100
9th
Logo for Boost
Boost
2022, Kyiv (Ukraine), Unfunded
Official loyalty app for drivers and couriers
-
-
36/100
10th
Logo for Mobix
Mobix
2021, Munich (Germany), Unfunded
AI and blockchain-enabled marketplace for micromobility services
-
-
36/100
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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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FAQs about Miles

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