Mile Auto
Atlanta, US · Founded 2020 · Delaware corporation · 31 employees on LinkedIn · 6 known investors
Find your way into Mile Auto
131 people in our graph share verified history with the Mile Auto team — schools, employers, funds. One of them is your warm intro.
Matt Stevensunlockedknows Fred Blumer · together at Atdc (overlapped)
×2knows the team · via Atdc
×4knows the team · via College of Charleston
×2knows the team · via Kansai Gaidai University
×3knows the team · via Kyoto University
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.
Founders & leadership
Mile Auto was founded in 2020 by Jim Cook and Fred Blumer.
JC
Jim CookinCo-Founder & Chief Operating Officer
FB
Fred BlumerinCEO & 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.
DG
Dan GluntNamed on SEC filing
TJ
Tom JonesNamed on SEC filing
SN
Scott NelsonNamed on SEC filing
JF
Joe FullerNamed on SEC filing
Investors · 6
EMERGENT VENTURESSilicon Valley
Florida FundersTampa · $50K
Service Provider CapitalVail
Ulu VenturesPalo Alto · $2M
Sure VenturesreportedSilicon Valley
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 · OtherRule 506(b)
▶$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
▶$4MraisedOct 2022 · 41 investors · OtherRule 506(b)
▶$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
▶$2.1MraisedJul 2022 · 17 investors · OtherRule 506(b)
▶$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
▶$10.3MraisedJun 2021 · 44 investors · OtherRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 5
by search overlap
Insurify472 shared keywordsInsurify 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.
Lemonade462 shared keywordsLemonade 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.
Libertymutual443 shared keywordsLiberty Mutual provides commercial insurance solutions across multiple industries, including cyber insurance, property, liability, and workers compensation coverage tailored to business needs.
Experian325 shared keywordsExperian 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.
GoAuto286 shared keywordsGoAuto 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 competing with Mile Auto for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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, 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.