MileIQ

MileIQ

  • FOUNDING YEAR: 2012
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
MileIQ is an automatic mileage tracker (powered by a drive-detection technology, with a built-in GPS) for people who need to log miles for business, or for personal reasons like for deductions on taxes. Its a free app that automatically tracks miles every time the user drives his/her car (the accuracy is claimed to be down to the fraction of a mile). Mobile Data Labs, Inc., creator of MileIQ, was acquired by Microsoft in November, 2015. The following free features are included in the free app: • Downloadable mileage tracking spreadsheet • Printable miles log • Detects drives and logs them automatically • Calculates drive distances and values • Auto-syncs drive data (in miles or kilometers form) • Stores comprehensive driving history • Sends regular drive reports
PRIMARY PROBLEM SOLVED:
Paperless and accurate automated milage tracking that does not require reme

PEOPLE

MEDICI analysts will analyze MileIQ soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$15.11 Millions
DATE OF LAST FUNDING:
Jan 2015
SEED & PRIOR FUNDING:
$3 Millions
SEED CLOSED ON:
Sep 2014
FUNDING SERIES:
SERIES A
$12.11 Millions Closed: Jan 2015
LISTED:
NO

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