Company Research Report: MileIQ



Company Overview



  • Name: MileIQ

  • Mission: To automate and simplify mileage tracking, providing accuracy and ease to drivers for their mileage reporting and reimbursement needs.

  • Founded: 2012

  • Founders: No information is available.

  • Key People: No information is available.

  • Headquarters: No information is available.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: MileIQ is known as the #1 app for automatic mileage tracking, offering features that simplify the process of tracking, managing, and reporting drives for reimbursement and tax purposes.


Products



MileIQ App



  • High-Level Description: MileIQ is a mobile application available for iOS and Android that automates the recording of mileage for drivers, making the reimbursement and tax deduction process simple and efficient.


  • Key Features:

  • Automatic Mileage Tracking: The app logs miles automatically without the need for manual entry.

  • Drive Classification: Users can classify their trips as business or personal with a simple swipe.

  • Custom Reports: Create and download reports easily.

  • Custom Mileage Rates: Set custom rates or use tax-compliant rates provided by MileIQ.

  • Detailed Maps: Provides route information with detailed views of start and end points.

  • Personalized Support: Dedicated support team available to assist users.

  • Multiple Vehicle Tracking: Easy tracking setup for multiple vehicles.

  • Work Hours Setting: Automatic classification of business drives within set work hours.


Recent Developments



  • New Product Launches: No information is available.


  • New Features:

  • Intelligence Features: Enhancements for easier drive classification.

  • New Commute Tool: Facilitates hassle-free compliance by accurately managing commute mileage.


  • Partnerships and Other Developments:

  • In 2015, MileIQ joined forces with Microsoft to enhance product accessibility and features. In 2021, it became an independent company again, refocusing efforts on its core mission.

  • Developers are working towards further product improvements to streamline user experience and introduce new functionalities.


This report provides a comprehensive insight into MileIQ, focusing on elements available in the provided data concerning its mission, product features, and recent enhancements. Further details on financials and executive leadership are currently unavailable.