Automotive Fleet
MenuMENU
SearchSEARCH

Bestmile Invests in Strategic Growth in Autonomous Mobility

Investment leads expansion of micro-transit, ride hailing and multi-modal solutions.

by Staff
March 22, 2018
Bestmile Invests in Strategic Growth in Autonomous Mobility

 

3 min to read


Bestmile, the leading mobility platform that enables service providers to manage, operate and optimize autonomous vehicle fleets, today announced it has 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 Mobility.fund.

This investment will power the company’s global expansion, strengthen its mobility cloud platform technology, and extend its customer relationships with service providers, strategic OEM and technology partners.

Ad Loading...

“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.

“Based on the company’s proven mobility service technology, commercial deployments in European cities and strategic projects in the U.S., it was a no-brainer to support such a true innovator in the field once again,” said Reza Malekzadeh, general partner of Partech Ventures in San Francisco.

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 optimizations, 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 microtransit 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 microtransit 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.

"Local Motors is dedicated to the future of mobility through its innovative autonomous vehicles that are accessible to everyone. As a strategic partner, Bestmile’s mobility service platform enables us to offer an integrated solution to transportation operators," said Jay Rogers, CEO of Local Motors.

The operation of hybrid fleets will be the cornerstone of the autonomous mobility revolution. How efficiently autonomous mobility services are managed and integrated into the existing transportation ecosystem will directly impact the speed of adoption of autonomous vehicles worldwide.

More Operations

A shot of a Volvo electric vehicle with a man charging it in front of a residence.
SponsoredAugust 1, 2026

Top 50 Executive Fleets

It is that time of year again! Time for the 2026 list of the Top 50 Executive Fleets, presented by Automotive Fleet and Volvo as part of its annual Fleet 500. Download now to see this year's list of companies!

Read More →
Gary Van Orden Retirement
Operationsby Jeanny AbrahamJuly 31, 2026

Gary Van Orden Retires After Nearly Four Decades in Commercial Fleet

From answering customer calls at Ford Motor Company to leading fleet sales across multiple OEMs and a fleet management company, Gary Van Orden's career reflects nearly four decades of leadership in commercial fleet.

Read More →
an Automotive Fleet podcast thumbnail
OperationsJuly 31, 2026

How Stellantis Plans to Get Ahead of Fleet Downtime

Vehicle acquisition may grab the headlines, but fleet uptime increasingly determines operating success. Darren Bradshaw of ‪Mopar‬ North America gives the details.

Read More →
Ad Loading...
A lineup of Hyundai vehicles with overlay text announcing the 2027 Commercial Fleet Program, highlighting new fleet incentives for eligible commercial and government buyers.
Operationsby News/Media ReleaseJuly 31, 2026

Hyundai Releases 2027 Commercial Program Incentives 

The 2027 Model Year "Fleet Street Incentives" are available to commercial and government fleets.

Read More →
Chris Brown of Automotive Fleet and Lauren Fletcher of Work Truck pose beside a Soap Box Derby car in a Team Brown vs. Team Fletcher race graphic benefiting The Hourglass Foundation.
Operationsby News/Media ReleaseJuly 30, 2026

It's All Downhill from Here! Fleet Industry Raises $22,000 for Skilled Trades Scholarships

Work Truck’s Lauren Fletcher and Automotive Fleet’s Chris Brown turned a friendly racing rivalry into $22,000 for automotive technology and skilled trades scholarships.

Read More →
Commercial Fleet
SponsoredJuly 23, 2026

The Top 300 Commercial Fleets

The Top 300 Commercial Fleets: See the List

Read More →
Ad Loading...
Cover of the "Top 50 Green Fleets" report presented by Automotive Fleet and Inspiration Fleet, featuring an aerial nighttime photo of a lit highway interchange with looping ramps.
SponsoredJuly 16, 2026

The Top 50 Green Fleets

The List Is in: The Top 50 Green Fleets

Read More →
A car dealership with added inscription "Every fleet vehicle eventually becomes local."
Operationsby Chris BrownJuly 15, 2026

Your Local Dealer Knows More Than You Think

Your local dealer can provide an information advantage that extends well beyond courtesy deliveries.

Read More →
Portrait of Austin Schutte, founder and CEO of Anew Solutions, featured in Automotive Fleet's Fleet Meets series highlighting his career, leadership philosophy, and fleet industry insights.
Operationsby Faith HowellJuly 14, 2026

Fleet Meets: Austin Schutte

Here are some industry insights, personal touches, and words of advice from the CEO and Founder of Anew Solutions.

Read More →
Ad Loading...
Photo of Team Brown building soap box derby
Operationsby Chris BrownJuly 13, 2026

Soap Box Derby Challenge: What’s Powering Team Brown

The car is coming together, the students are solving real build problems, and the fleet industry is helping push Team Brown toward the starting line.

Read More →