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Metromile

Metromile

An insurance technology company offering automobile insurance at a base rate combined with payments for miles driven.

OverviewStructured DataIssuesContributors

Contents

metromile.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Insurance Technology
Insurance Technology
Financial technology
Financial technology
Finance
Finance
‌
Vehicle insurance
Automobile insurance
Automobile insurance
Technology
Technology
Automotive industry
Automotive industry
...
Location
San Francisco
San Francisco
Tempe, Arizona
Tempe, Arizona
California
California
United States
United States
B2X
B2C
B2C
0
CEO
Dan Preston
Dan Preston
Founder
David Friedberg
David Friedberg
Dan Preston
Dan Preston
AngelList URL
angel.co/metromile
Pitchbook URL
pitchbook.com/profiles.../55726-48
Legal classification
Company
Company
Date Incorporated
June 1, 2011
Number of Employees (Ranges)
201 – 5000
Number of Employees
3840
Full Address
1501 W. Fountainhead Pkwy, Suite 200, Tempe, AZ 85282.
Investors
Felicis Ventures
Felicis Ventures
SV Angel
SV Angel
Index (company)
Index (company)
Section 32 (venture capital firm)
Section 32 (venture capital firm)
Future Fund
Future Fund
Tokio Marine Holdings
Tokio Marine Holdings
Index Ventures
Index Ventures
First Round Capital
First Round Capital
0
...
Founded Date
2011
0
Total Funding Amount (USD)
385,500,000
Latest Funding Round Date
July 24, 2018
Competitors
Clearcover
Clearcover
Wejo Limited
Wejo Limited
Glassdoor ID
653576
CFO
‌
Regi Vengalil
Latest Funding Type
Series E
Series E
Patents Assigned (Count)
5
Wellfound ID
metromile

Other attributes

Blog
metromile.com/blog/
Company Operating Status
Active
Wikidata ID
Q20714597

Metromile in an insurance technology company offering automobile insurance at a base rate combined with payments for miles driven that is headquartered in San Francisco, California and was founded in 2011 by David Friedberg and Steve Pretre.

Introduction to Metromile.

Funding
Series A

On December 5, 2012 Metromile completed their series A funding round with $4 million in funding from SV Angel, New Enterprise Associates, Index Ventures, and First Round Capital.

Series B

On April 30, 2013 Metromile completed their series B funding round with $10 million in funding from New Enterprise Associates, Index Ventures, and Felicis Ventures.

Series C

On November 1, 2014 Metromile completed their series C funding round with $38.4 million in funding from Mike Ghaffary.

Series D

On September 21, 2016 Metromile completed their series D funding round with $191.5 million in funding from SV Angel, New Enterprise Associates, Mitsui & Co, Intact Financial Corporation, Index Ventures, First Round Capital, and China Pacific Insurance.

Series E

On July 24, 2018 Metromile completed their series E funding round with $90 million in funding from Tokio Marine Holdings (lead investor), Intact Financial Corporation (lead investor), Section 32, NEA, Index Ventures, and Future Fund.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Metromile Auto Insurance Review

https://www.youtube.com/watch?v=gq7jnBSCY8w

October 11, 2014

Pay Pennies Per Mile, People

https://www.youtube.com/watch?v=Hg4GuWJGdI0

September 10, 2018

References

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