HomeFundingSwiss local mobile marketplace Mila raises $3.22 million

Swiss local mobile marketplace Mila raises $3.22 million

Today Mila, the location-based mobile community marketplace for tasks and errands, is announcing it has raised $3.22 million from a consortium of private Swiss and German technology investors, including Peter Zencke and Adrian Bult (Update – March 2023: The startup seems to be no longer in business under this website, and we therefore deactivated the original link).

Mila helps busy people get more of their daily tasks and errands done by allowing them to request help from people in their local neighborhoods, with just a few taps of their smartphone. When a person posts a request for a service or for a task to be accomplished to Mila (for example, to build a flatpacked bed, to help clear an overgrown garden, or to install a wireless network at home) local businesses and people can offer to provide or fulfill it. Mila aims to provide a convenient place for the transaction to take place and payments are made safely through Paypal.

Mila can be accessed around the world. Particular focus regions include Germany, Switzerland, Indonesia and China. Mila was established in 2013 as a spin-off of Swiss-based technology company coresystems, which specializes in building mobile platforms. Today, Mila has offices in Zurich (HQ), Shanghai, New York, London, and Cluj-Napoca. The company will use its funding to continue to expand the platform and business. Mila’s apps for Android and iPhone will be available at the end of March.

Manuel Grenacher, the CEO of Mila, stated: “We believe that there should be an easy, convenient way for friendly people in their local communities to help each other get more done. With Mila, you can now connect with people around you offering services, or you can earn extra cash by offering your own services or time to those in your neighborhood.”

Peter Zencke, longtime executive board member of multinational enterprise software firm SAP and German technology investor, says: “The sharing economy is a powerful trend that will revolutionize community commerce. We are pleased to have led the investment in Mila, whom we believe, given their heritage in creating and growing successful mobile platforms, are well placed to help reshape the very way local business is conducted amongst neighbors”.

To see how Mila works, watch the video below:

By the way: If you’d like to stay up-to-date regarding startup news and interesting opportunities, make sure to subscribe to our free weekly EU-Startups Newsletter.

Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

Most Popular