Metromile

Metromile

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

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.

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

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Metromile Inc funding round, July 2018
Series E round
90,000,000
July 2018
Tokio Marine Holdings
Metromile Series A round
Series A round
4,000,000
December 5, 2012
First Round Capital
Metromile Series B round
Series B round
10,000,000
April 30, 2013
Felicis Ventures
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People

Name
Role
LinkedIn

Anna Ridling

Employee

Barney Schauble

Investor

Brett Crosby

Investor

Chloe Fan

Employee

Dan Preston

Founder

David Friedberg

Investor

Evan Cox

Employee

Jacquie McCarley

Employee

Jeremy Stoppelman

Investor

John Battelle

Investor

Miguel Valle

Employee

Mike Ghaffary

Investor

Prashant Shukla

Employee

Reed Bennett-Eisen

Investor

Scott Crosby

Investor

Sean Griswold

Employee

Sharon Heiny

Employee

Siddharth Jayaraman

Employee

Takashi Kusui

Employee

Vance Ingalls

Employee

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Metromile Auto Insurance Review

October 11, 2014

Pay Pennies Per Mile, People

September 10, 2018

Companies

Company
CEO
Location
Products/Services

References

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