Automile, the Swedish fleet management company, raises SEK12M from Niklas Zennström and Salesforce.

Sweden United States 22 December 2016
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Automile, the Swedish founded and Palo Alto-headquartered fleet management startup, gets SEK 12M in funding.

The money comes from existing investors, Niklas Zennström included, as well as Salesforce, and will be used for furher adding more people and marketing. The company expects to become cashflow positive by 2018.

Automile was founded in 2013 by serial entrepreneur Jens Nylander along with Felix Rosén and Jacob Pontén. The company is providing a frictionless tracking software for fleets and assets, with more clients seeking its automated, cloud-based and connected technology solutions to address common challenges in their vehicle fleets.

Earlier in 2016, Automile announced its seed A funding, a total $6.2 million investment led by SaaStr Fund’s Jason Lemkin. Prior to that the company raised more than $5M in seed money.

Total investments received (USD): 46.75M

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