MetroMile

OverviewSuggest Edit

Metromile is a variably-priced, pay-per-mile car insurance provider. Metromile charges customers for the actual miles they drive, not a flat rate that forces low-mileage drivers to subsidize high-mileage drivers. Using the Metronome device installed in a car, the service creates a rich experience around driving with an interactive iOS app, Android app, and web dashboard (trip information, fuel usage, opportunities to save, and much more). Beyond auto insurance, Metromile is developing a new breed of products that save time and money for people who drive less. 

TypePrivate
Founded2011
HQSan Francisco, CA, USMap
Websitemetromile.com
Employee Ratings3.9More
Overall CultureC+More
View Jobs (66)

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2021)256(+4%)
Job Openings66
Cybersecurity ratingCMore

Key People/Management at MetroMile

Dan Preston

Dan Preston

Chief Executive Officer
Lindsay Alexovich

Lindsay Alexovich

Chief Accounting Officer
Jim Huscroft

Jim Huscroft

VP, Claims
Debra Jack

Debra Jack

VP, Communications
Matt Stein

Matt Stein

VP, Product
David Friedberg

David Friedberg

Chairman of the Board
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MetroMile Office Locations

MetroMile has offices in San Francisco, Boston and Tempe
San Francisco, CA, US (HQ)
425 Market Street, 425 Market St #700, San Francisco
Boston, MA, US
Boston, MA, USA
Tempe, AZ, US
1501 W Fountainhead Pkwy #200
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MetroMile Financials and Metrics

Summary Metrics

Founding Date

2011

MetroMile total Funding

$295.5 m

MetroMile latest funding size

$90 m

Time since last funding

3 years ago

MetroMile investors

Index Ventures, New Enterprise Associates, Mitsui & Co, Felicis Venture, Index, Future Fund, Acequia Capital (Acecap), NEA, NeoTribe Ventures, Mike Ghaffary, China Pacific Insurance, Intact Financial Corporation, Section 32, Tokio Marine, Intact Financial
MetroMile's latest funding round in July 2018 was reported to be $90 m. In total, MetroMile has raised $295.5 m
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MetroMile Operating Metrics

Jan, 2020

ARR

$100 m
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MetroMile Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

Learn more about our premium products
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MetroMile Online and Social Media Presence

MetroMile's Trends

Embed Graph

MetroMile Company Culture

  • Overall Culture

    C+

    75/100

  • CEO Rating

    A+

    85/100

  • Compensation

    C+

    72/100

  • Diversity

    C

    76/100

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MetroMile News and Updates

May 06, 2021

Metromile Plans to Adopt Bitcoin to Offer Drivers More Choice

Digital insurance platform will be the first to accept insurance premiums and pay insured claims in cryptocurrency Digital insurance platform will be the first to accept insurance premiums and pay insured claims in cryptocurrency
March 30, 2021

Metromile Announces Fourth Quarter and Full Year 2020 Results

SAN FRANCISCO, March 30, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results of Metromile Operating Company (formerly MetroMile, Inc.) for the fourth quarter and full yea…
March 16, 2021

Metromile to Report Fourth Quarter and Full Year 2020 Results on Tuesday, March 30, 2021

SAN FRANCISCO, March 16, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced it will release its fourth quarter and full year 2020 results after the market closes on Tuesday, March 30, 202…
February 13, 2021

Extra Crunch roundup: Metromile CEO interview, Oscar Health’s IPO plans, our 2-year anniversary, more

I'm very proud of the work we're doing here at Extra Crunch, so it gives me great pleasure to announce that today is our second anniversary.
February 10, 2021

How will investors value MetroMile and Oscar Health?

What we learn today will hopefully bear on other insurtech startups that want liquidity during the current cycle.
February 10, 2021

The Bancorp Founder Betsy Cohen Joins Metromile, Inc. Board of Directors

SAN FRANCISCO, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced that Betsy Cohen, the founder of The Bancorp, joined the company’s board of directors.
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MetroMile Blogs

April 29, 2021

How I Built My Career: Skills Bring Thrills

Career growth at other companies can be like one-way streets: there’s a clear line of sight that gets you to where you want to go, but there isn’t much room for venturing out or trying new things.  At Metromile, we celebrate people from all backgrounds and walks of life and recognize that skills com…
April 22, 2021

Behind the Scenes with Metromile’s New Chief Financial Officer Regi Vengalil

We started Metromile because we saw an opportunity for insurance to be fairer. We believe the most powerful advantage in insurance is grounded in technology and experience, and we set out to build a better experience from Day One. Regi Vengalil might understand this more than anyone else. In additio…
April 20, 2021

How I Built My Career: Developing Products Through Innovation and Collaboration

Career growth at other companies can be like one-way streets: there’s a clear line of sight that gets you to where you want to go, but there isn’t much room for venturing out or trying new things.  At Metromile, we like to do things a little differently. All of the left turns, byways, and side ... T…
April 19, 2021

What You Should Know About Online Anonymous Auto Insurance Quotes

You understand that it’s important to shop around for auto insurance to get a competitive rate. However, you want to limit who has your personal information. What if you could have the best of both worlds? Enter: The anonymous auto insurance quote. Unfortunately, anonymous car insurance quotes aren’…
April 15, 2021

Here’s How Americans Are Returning to the Roads in 2021

Drivers are springing back to the roads, Metromile data from the first three months of 2021 shows.  The total number of miles driven across the U.S. surged in March 2021 compared to the same time last year, after months of continued slumps, according to an anonymized and aggregated sample of Metromi…
April 14, 2021

How I Built My Career: Claims Adjuster to Salesforce Administrator

At Metromile, we like to do things a little differently. (We are disrupting the auto insurance industry after all.) From offering drivers more fair and personalized pricing to streamlining claims with our AI-powered process, innovation is at the core of everything we do.  Especially when it comes to…
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 MetroMile Frequently Asked Questions

  • When was MetroMile founded?

    MetroMile was founded in 2011.

  • Who are MetroMile key executives?

    MetroMile's key executives are Dan Preston, Lindsay Alexovich and Jim Huscroft.

  • How many employees does MetroMile have?

    MetroMile has 256 employees.

  • Who are MetroMile competitors?

    Competitors of MetroMile include Root, Tnedicca and Wejo.

  • Where is MetroMile headquarters?

    MetroMile headquarters is located at 425 Market Street, 425 Market St #700, San Francisco, San Francisco.

  • Where are MetroMile offices?

    MetroMile has offices in San Francisco, Boston and Tempe.

  • How many offices does MetroMile have?

    MetroMile has 3 offices.