MileIQ

MileIQ
FoundedSeptember 2013; 11 years ago (2013-09)
FounderDan Bomze
Chuck Dietrich
Headquarters,
U.S.
Key people
Chuck Dietrich (CEO)
ProductsMileIQ mobile app[1]
ParentMicrosoft
Websitewww.mileiq.com

MileIQ is an American-based technology company that develops a mileage tracking and logging app.[2] The app uses automatic mileage tracking to calculate mileage while driving for business purposes that can then be used to report for reimbursement and potentially a tax deduction with the IRS, being attributed as the first mobile app to passively track such data. MileIQ has been compared to Fitbit for driving[3] and has been discussed in national business publications that include Fast Company, Fortune, and Forbes.[4][5]

On November 5, 2015, Microsoft announced that it had acquired MileIQ for an undisclosed amount.[6]

On March 18, 2021, MileIQ service is transitioning to a new owner, MileIQ LLC, which is led by the original creators of the mileage tracking app. MileIQ LLC is unaffiliated with Microsoft Corporation and will start operating the app and the service after May 1, 2021.[citation needed]

  1. ^ Martin, Allison (February 28, 2014). "Tax Hacks 2014: 13 Helpful Income Tax Apps". MoneyTalkNews. Retrieved May 19, 2015.
  2. ^ Cull, Ian (March 18, 2015). "Mile IQ App Helps Drivers Track Mileage for Business Trips". NBC Bay Area. Retrieved May 19, 2015.
  3. ^ Tipton, Adriana (February 26, 2015). "MileIQ Is Like Fitbit For Driving; Here's Why". Tech News Today. Archived from the original on May 4, 2015. Retrieved May 19, 2015.
  4. ^ Aamoth, Doug (April 10, 2015). "Free App Friday: 5 Great Last-Minute Tax Tools". Fast Company. Retrieved May 19, 2015.
  5. ^ "Sharing-economy jobs make taxes uber-complicated". Fortune. April 14, 2015. Retrieved May 19, 2015.
  6. ^ Kim, Eugene (November 5, 2015). "Microsoft just bought a startup that can automatically track how far you drive". Business Insider.