
Automile
Connects your car with your smartphone and provides you with data insight.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor investor investor investor investor | €0.0 | round | |
investor investor investor investor investor investor investor | €0.0 | round | |
* | SEK280m Valuation: SEK1.0b 40.3x EV/Revenue | Late VC | |
Total Funding | 000k |
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 14 % | 200 % | 173 % | 71 % | - | - | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Related Content
Automile presents a compelling case in the fleet management and Internet of Things (IoT) sectors. The company was established in 2013 by Jens Nylander, Felix Rosén, and Jacob Pontén, leveraging their collective experience from previous ventures in the technology and automotive spaces. Nylander, for instance, had previously founded and sold a successful car audio e-commerce business, which provided him with foundational knowledge of the vehicle aftermarket. This background appears to have directly influenced Automile's direction.
The firm's core business revolves around providing a comprehensive suite of tools for managing vehicle fleets and assets. Operating on a Software-as-a-Service (SaaS) model, Automile generates revenue through recurring subscriptions. This model provides a predictable income stream and aligns with the ongoing service nature of fleet management. The client base is broad, encompassing any organization that relies on a fleet of vehicles, from small businesses with a handful of cars to larger enterprises with extensive logistics operations.
Automile's product is a hardware-plus-software solution. A small device, the Automile Box, plugs into a vehicle's OBD-II port, the standard diagnostic port found on most cars and trucks manufactured since 1996. This device collects a continuous stream of data, which is then transmitted to Automile's cloud platform. The software component offers a detailed dashboard accessible via web and mobile applications. Key features include real-time GPS tracking, automated trip logging for expense reporting and compliance, route optimization, and monitoring of vehicle health and driver behavior such as idling, speeding, and harsh braking. Furthermore, the system includes geofencing capabilities, allowing managers to set virtual perimeters and receive alerts when vehicles enter or exit specific zones. This robust feature set directly addresses critical operational pain points for fleet managers, including cost control, regulatory compliance, and driver safety.
Keywords: fleet management, IoT, telematics, GPS tracking, vehicle diagnostics, asset tracking, SaaS, logistics technology, driver safety, OBD-II