METRO Magazine Logo
MenuMENU
SearchSEARCH

Bestmile raises $11M in Series A funding

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.

March 23, 2018
Bestmile raises $11M in Series A funding

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

Bestmile

2 min to read


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.

Ad Loading...

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.

More New Mobility

A Nova LFSe+ electric bus for STM
Technologyby Staff and News ReportsJune 18, 2026

Biz Briefs: Montréal Debuts Nova Electric Buses and More

In this edition of Biz Briefs, we spotlight the latest developments shaping the future of mobility.

Read More →
A Merchants Fleet driver putting gas in a vehicle with text reading "6 Transit Management Lessons For Colleges and Universities."
New MobilityJune 15, 2026

6 Transit Management Lessons for Colleges and Universities Facing Seasonal Demand Swings

College transportation demand swings wildly throughout the year. Fleet strategies are starting to catch up.

Read More →
Driving Change Through Technology
Technologyby Alex RomanJune 12, 2026

METROspectives: CharterUP CEO Armir Harris on Modernizing Mobility

From digital transformation to evolving customer demands, CharterUP's CEO Armir Harris offers his perspective on the transportation industry's next chapter.

Read More →
Ad Loading...
New MobilityJune 5, 2026

Joshua Schank on Transportation Innovation, Risk, and the Future of Mobility

In this edition of METROspectives, Joshua Schank discusses lessons from launching LA Metro’s Office of Extraordinary Innovation, the challenges of advancing new mobility technologies, and much more.

Read More →
frontrunner bus image
SponsoredJune 1, 2026

Low-Floor vs. High-Floor Cutaway vs. Modified Van: How 3 Accessible Minibus Designs Compare

As transit demands evolve, so should your fleet. Download the whitepaper to see how the Low-Floor Frontrunner Minibus compares to traditional options.

Read More →
METROspectives episode with Joshua Schank
Technologyby Alex RomanMay 29, 2026

Joshua Schank on Transportation Innovation, Risk, and the Future of Mobility

In this edition of METROspectives, the co-author of New Tricks for Old Bureaucracies, discusses lessons from launching LA Metro’s Office of Extraordinary Innovation, the challenges of advancing new mobility technologies, and much more.

Read More →
Ad Loading...
Biz Briefs for May 29, 2026

Biz Briefs: Foothill Gold Line Award, Matawan Contract, and More

From strategic partnerships to acquisitions and service expansions, the industry continues to evolve at a rapid pace. Find out all the latest here.

Read More →
An EMBARK bus going down the street.
Managementby Alex RomanMay 28, 2026

Inside Look: EMBARK Expands Fare-Free Transit Program Through New Public-Private Partnership

The OKC transit agency says sponsorship helps subsidize the Third Friday Free initiative while reducing barriers for first-time riders and boosting ridership across buses, streetcars, and river cruises.

Read More →
thumbnail for 2026 METRO Buyer’s Guide & Directory
SponsoredMay 27, 2026

2026 METRO Buyer’s Guide & Directory

Searching for the right vehicles, technology, equipment, or services for your public transit or motorcoach operation? This industry guide brings together manufacturers and suppliers from across the transportation market — all in one place. Download it to connect with the companies that help agencies and operators improve mobility, enhance operations, and move their organizations forward.

Read More →
Ad Loading...
A Heliox charger on KC Metro property

King County Test Heliox Chargers, Keolis Lands California Contract Top Biz Briefs

Stay informed with these quick takes on the projects and companies driving progress across the transportation landscape.

Read More →