Bestmile raises $16.5 million to optimize autonomous vehicle fleets

Bestmile has raised $16.5 million in venture capital as it continues to expand its platform for managing autonomous and human-driven vehicles.

The Switzerland-based company’s software was originally designed to help transportation companies optimize fleets of self-driving vehicles, including cars, trucks, and shuttles. But Bestmile has evolved to include traditional vehicles as the shift to an autonomous world is now stretching out over many years.has raised $16.5 million in venture capital as it continues to expand its platform for managing autonomous and human-driven vehicles.

The Switzerland-based company’s software was originally designed to help transportation companies optimize fleets of self-driving vehicles, including cars, trucks, and shuttles. But Bestmile has evolved to include traditional vehicles as the shift to an autonomous world is now stretching out over many years.

“We are creating this kind of flexibility of the platform because the transition to fully autonomous will be maybe 15 years,” said Bestmile cofounder and CEO Raphael Gindrat, “so our customers need one platform to manage both in parallel.”

Founded in 2014, the company now has more than 55 employees, most of whom are located in its Lausanne headquarters, with a handful in North America and in Asia.