Mile Auto Raises More Money to Grow Despite Potential Recession
Friday, October 14th, 2022
Insurance technology startup Mile Auto Inc. has raised $4 million, less than half the amount of its seed round in May 2021.
The company took additional investments so it doesn’t “run low on cash” during its upcoming growth plans in case of a recession, Mile Auto CEO and co-founder Fred Blumer said. The startup plans to expand the business to more states and grow its staff. See more.
