Who founded Mile Auto?

Mile Auto was founded by Jim Cook, Fred Blumer in 2020.

Who are Mile Auto's investors?

Mile Auto's investors include EMERGENT VENTURES, Florida Funders, G2T3V Fund, Service Provider Capital, Ulu Ventures, Sure Ventures.

How much funding has Mile Auto raised?

Mile Auto has disclosed $20.6M raised across 4 rounds.

Where is Mile Auto headquartered?

Mile Auto is headquartered in Atlanta, US.

Mile Auto

Atlanta, US · Founded 2020 · Delaware corporation · 31 employees on LinkedIn · 7 known investors

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Mile Auto offers pay-per-mile car insurance aimed at low-mileage drivers, charging a base rate plus a per-mile cost based on a monthly odometer photo rather than a tracking device. It positions itself as a privacy-focused, transparent alternative to conventional auto insurance.

Fintech InsurTech Mobility & Transportation

Founders & leadership

Mile Auto was founded in 2020 by Jim Cook and Fred Blumer.

Jim CookCo-Founder & Chief Operating Officer

Fred Blumer CEO & Co-FounderHe has over 15 years of experience in usage-based insurance, automotive telematics, and connected vehicles, holds patents in automotive telematics and auto insurance, and earned degrees from Harvard Business School and the University of South Carolina School of Law.

Dan GluntNamed on SEC filing

Tom JonesNamed on SEC filing

Scott NelsonNamed on SEC filing

Joe FullerNamed on SEC filing

Investors · 7

EMERGENT VENTURESlisted by EMERGENT VENTURESSilicon Valley

How we know: funding news · techstartups.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Florida Funderslisted by Florida FundersTampa · $50K

How we know: Florida Funders's portfolio page · the VCSheet dataset · Not right? Tell us

G2T3V Fundlisted by G2T3V Fund

How we know: G2T3V Fund's portfolio page · Not right? Tell us

Service Provider Capitallisted by Service Provider CapitalVail

Ulu Ventureslisted by Ulu VenturesPalo Alto · $2M

How we know: Ulu Ventures's portfolio page · funding news · techstartups.com · Not right? Tell us

Sure VenturesreportedSilicon Valley

How we know: a partner's Signal profile · techstartups.com · open dataset · 5k.vc investor directory · Not right? Tell us

Also in the syndicate · 1

Thornton Capital

Reported raises · per SEC filings

Form D private placements

$20.6M disclosed across 4 rounds · 2021–2023

▶$4.2MraisedDec 2023 · 19 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Jim CookExecutive Officer, Director
Dan GluntDirector
Fred BlumerExecutive Officer, Director
Joe FullerExecutive Officer, Director
Tom JonesDirector
Scott NelsonDirector

Offering amount: $20.5M
Amount sold: $4.2M
First sale: Jun 2023
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$4MraisedOct 2022 · 41 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Tom JonesDirector
Scott NelsonDirector
Dan GluntDirector
Jim CookExecutive Officer, Director
Fred BlumerExecutive Officer, Director
Joe FullerExecutive Officer, Director

Offering amount: $4M
Amount sold: $4M
First sale: Aug 2022
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$2.1MraisedJul 2022 · 17 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Fred BlumerExecutive Officer, Director
Scott NelsonDirector
Jim CookExecutive Officer, Director
Dan GluntDirector
Joe FullerExecutive Officer, Director
Tom JonesDirector

Offering amount: $2.1M
Amount sold: $2.1M
First sale: Feb 2022
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$10.3MraisedJun 2021 · 44 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Dan GluntDirector
Tom JonesDirector
Scott NelsonDirector
Joe FullerExecutive Officer, Director
Jim CookExecutive Officer, Director
Fred BlumerExecutive Officer, Director

Offering amount: $10.5M
Amount sold: $10.3M
First sale: Jun 2021
Incorporated: Corporation, Delaware, 2020
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through Mile Auto went on to found or lead other companies.

Yogi GoelSeed InvestorFounded Maxima Jason HeidkampIL Marketing ManagerFounded Kin Insurance

Related companies · 5

InsurifyInsurify operates an online insurance-comparison marketplace that pulls real-time, personalized quotes from 120-plus insurers (including GEICO, Allstate, and Progressive) for auto, home, renters, and pet insurance, letting shoppers compare policies and buy online or with a licensed agent. Its AI-powered tools include a policy-upload feature, and it also offers Insurify Car, a liability-only auto policy with weekly installment payments; the company is a licensed agency in all 50 U.S. states.

LemonadeLemonade is a digital insurance provider offering homeowners, renters, car, pet, and term life insurance policies. The company uses AI to streamline policy underwriting and claims processing, targeting consumers seeking affordable insurance with fast, digital-first service.

LibertymutualLiberty Mutual provides commercial insurance solutions across multiple industries, including cyber insurance, property, liability, and workers compensation coverage tailored to business needs.

ExperianExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.

GoAutoGoAuto Insurance is a direct-to-consumer automobile insurance company that sells policies without commissioned agents to keep prices affordable. The company focuses on personalized service with flexible payment options and local community support.

Companies working in the same space as Mile Auto.

Frequently asked questions

What does Mile Auto do?: Mile Auto offers pay-per-mile car insurance aimed at low-mileage drivers, charging a base rate plus a per-mile cost based on a monthly odometer photo rather than a tracking device. It positions itself as a privacy-focused, transparent alternative to conventional auto insurance.
Who founded Mile Auto?: Mile Auto was founded by Jim Cook, Fred Blumer in 2020.
Who are Mile Auto's investors?: Mile Auto's investors include EMERGENT VENTURES, Florida Funders, G2T3V Fund, Service Provider Capital, Ulu Ventures, Sure Ventures.
How much funding has Mile Auto raised?: Mile Auto has disclosed $20.6M raised across 4 rounds.
Where is Mile Auto headquartered?: Mile Auto is headquartered in Atlanta, US.