Mile Auto
Atlanta, US · Founded 2020 · Delaware corporation · 31 employees on LinkedIn · 3 known investors
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
FB
Fred BlumerCo-founder
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 · 3
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 is an insurance provider offering personal insurance products including car, home, homeowners, and renters coverage to consumers. The company provides online quotes, claims handling, and support through both its website and mobile app.
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 provides low-cost car insurance to consumers, offering custom payment plans, low down payments, and no commissioned agents. Customers can get quotes, buy or renew policies, make payments, and file claims through the company's website, mobile app, phone, or in-person locations.
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, Ulu 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.