Mobility

Bestmile raises $11M in Series A funding

Posted on March 23, 2018

Bestmile works with mobility service providers, including Transportation Network Companies, public transit agencies, transportation operators, and private communities and campuses.
Bestmile
Bestmile works with mobility service providers, including Transportation Network Companies, public transit agencies, transportation operators, and private communities and campuses.
Bestmile

Bestmile, a mobility platform that enables service providers to manage, operate, and optimize autonomous vehicle fleets, announced it raised $11 million in a Series A funding round led by Road Ventures SA with participation from Partech Ventures, Groupe ADP, Airbus Ventures, Serena Capital, and MobilityFund. The investment will power the company’s global expansion; strengthen its mobility cloud platform technology; and extend its customer relationships with service providers, strategic OEMs, and technology partners.

“We are bullish in the mobility services market and see Bestmile as a disruptive force to not only transform the current human-driven environment, but also autonomous vehicle fleets,” said Patrice Crisinel, managing director of Road Ventures SA.

Bestmile’s Mobility Services Platform enables the intelligent operation and optimization of autonomous vehicle fleets, regardless of their brand or type, for both fixed-route and on-demand service types. The platform offers features such as fleet and resource management, mobility service operations and optimization, business back office support, and data intelligence. The company’s platform also provides front-end and back-end interfaces for operators and travelers, including control center dashboards, mobile and web applications, and APIs. The company’s expansion to ride-hailing will offer flexibility to customers with the operation of hybrid fleets comprised of human-driven and autonomous vehicles to support mobility providers’ transition to autonomous mobility.

“Over the next several years, mobility services will experience a transitional phase where autonomous and human-driven vehicles will coexist within the same fleets,” said Raphael Gindrat, CEO of Bestmile. “New micro-transit services will develop into the transportation ecosystem as well. This large opportunity in a booming market, coupled with our innovative technology, are major reasons why so many prestigious investors are backing Bestmile.”

Bestmile works with mobility service providers, including Transportation Network Companies (TNCs), public transit agencies, transportation operators, and private communities and campuses. The company will expand its micro-transit on-demand services, as well as its multi-modal services with existing transportation systems, operators, and cities. Bestmile is also continuing to build strong partnerships with vehicle manufacturers and automotive OEMs. The company has notably worked with Navya, EasyMile, Local Motors, and partnered with Paravan, Next Future Transportation, Hi-tech Robotic Systemz among others.

View comments or post a comment on this story. (0 Comments)

More News

Byk-Rak adds new rack for wide-tire bicycles

he rack still also accommodates standard-tire bicycles, from adult-sized bikes down to smaller bikes.

Seattle, Via to provide on-demand transportation to, from rail stations

The year-long pilot project is partly funded by $2.7 million from the voter-approved Seattle Transportation Benefit District.

Bird exec discusses benefits, future of scooter-share programs

METRO spoke to Louis Pappas, sr. manager, transportation & mobility policy, at Bird about the ideal application and how it reduces car trips.

Via integrates ride-sharing, public transit in Tel Aviv

The service is part of a pilot program initiated by the Israeli Ministry of Finance and the Ministry of Transportation.

Via bringing on-demand services to Japan

The company’s technology efficiently works to aggregate multiple passengers into shared vehicles.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation