When was Mily Tech founded?

Mily Tech was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Mily Tech located?

Mily Tech is headquartered in Belgrade, Serbia.

How many employees does Mily Tech have?

As of Aug 31, 2026, the latest employee count at Mily Tech is 21.

Is Mily Tech a funded company?

Mily Tech is a funded company, having raised a total of $1.05M across 3 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 27, 2022.

When was the latest funding round of Mily Tech?

Mily Tech's latest funding was a $***** Grant (prize money) round on Jun 01, 2023, with participation from 1 investor.

Where does Mily Tech rank among its competitors?

Mily Tech ranks 98th amongst 1117 active competitors, of which 110 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Oorjaa, which secured $1M in Aug, 2026.

Who are the top competitors of Mily Tech?

Mily Tech's top competitors include LetsTransport, OnFleet and FarEye. Among them, Oorjaa secured the most recent funding round in August, 2026.

Mily Tech - 2026 Company Profile, Funding & Competitors

Mily Tech is a seed company based in Belgrade (Serbia), founded in 2020. It operates as an Offers AI & web-based delivery optimization software. Mily Tech has raised $1.05M in funding from South Central Ventures. The company has 1117 active competitors, including 110 funded and 40 that have exited. Its top competitors include companies like LetsTransport, OnFleet and FarEye.

Company Details

Offers AI & web-based delivery optimization software. The software helps users to manage daily delivery operations. It helps in creating a delivery plan, dispatching routes to couriers, tracking in real-time, analyzing performance data, and many more.

Website: www.milytech.com/
Social
Email ID: *****@milytech.com

Key Metrics

Founded Year

2020

Location

Belgrade, Serbia

Stage

Seed

Total Funding

$1.05M in 3 rounds

Latest Funding Round

Grant (prize money), Jun 01, 2023, $*****

Investors

South Central Ventures & 3 more

Ranked

98^th among 1117 active competitors

Employee Count

21 as on Aug 31, 2026

Similar Companies

Bringg & 1144 more

View Mily Tech's full profile

Mily Tech is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Mily Technologies GmbH CIN: D2601_HRB274719 , Germany, Active	Mar 30, 2022	-	-

Mily Tech has raised a total funding of $1.05M over 3 rounds. Its first funding round was on Jun 27, 2022. Its latest funding round was a Grant (prize money) round on Jun 01, 2023 for $*****. 1 investor participated in its latest round. Mily Tech has 4 institutional investors.

Here is the list of recent funding rounds of Mily Tech:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 01, 2023	5178656	Grant (prize money)	1833968	3944695	4838120	5669911
Feb 27, 2023	5304752	Seed	8396891	6936533	4708130	Katapult Akcelerator
Jun 27, 2022	8167280	Grant (prize money)	5010013	7138981	7988678	EIT Urban Mobility

Access funding benchmarks and valuations. Sign up today!

View details of Mily Tech's funding rounds and investors

Mily Tech's employee count trend

Mily Tech has 21 employees as of Aug 26. Here is Mily Tech's employee count trend over the years:

Uncover Mily Tech's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Mily Tech include LetsTransport, OnFleet and FarEye. Here is the list of Top 10 competitors of Mily Tech, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LetsTransport 2015, Bengaluru (India), Acquired	Provider of logistics services for first mile and last mile	$92.6M	Bertelsmann, Bertelsmann India Investments ... & 70 others	77/100
2nd	OnFleet 2012, San Francisco (United States), Acquired	Cloud based last mile delivery management software	$44.8M	Kayne Anderson Capital Advisors, StartX & 27 others	72/100
3rd	FarEye 2013, Chicago (United States), Series E	A technology company offering products and solutions for last-mile delivery management	$152M	Grocery Delivery E-Services USA, Dragoneer Investment Group ... & 60 others	70/100
4th	Bringg 2013, Tel Aviv (Israel), Series E	Provider of cloud and AI-based delivery management solutions	$184M	Ituran, Viola Growth & 16 others	67/100
5th	Instaleap 2015, Bogota (Colombia), Acquired	Platform for supermarkets, pharmacies and retailers to manage online delivery operations	$20.2M	Grupo Pegasus, Redwood Ventures & 2 others	65/100
6th	Oorjaa 2021, Mumbai (India), Series A	Intra-city and mid-mile logistics solutions	$4.22M	Beacon Trusteeship, Equentis Wealth Advisory Services ... & 103 others	64/100
7th	Shipday 2009, Menlo Park (United States), Series A	Provider of cloud-based delivery management solutions	$7M	Ibex Investors, ECP Growth & 1 others	62/100
8th	Sorted 2010, Manchester (United Kingdom), Acquired	Provider of software for delivery management and automated carrier allocation	$134M	Chrysalis, Praetura Ventures & 11 others	61/100
9th	Paxel 2018, Jakarta (Indonesia), Series C	Provides solutions for last-mile delivery management	$58.8M	Astra Digital, MDI Ventures & 8 others	61/100
10th	UniUni 2019, Richmond (Canada), Series D	Provider of e commerce parcel delivery management solutions	$222M	Bessemer Venture Partners, DCM Ventures & 23 others	59/100
98th	Mily Tech 2020, Belgrade (Serbia), Seed	Offers AI & web-based delivery optimization software	$1.05M	South Central Ventures, EIT Urban Mobility ... & 2 others	37/100