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 Ratings4More
Overall CultureC+More
View Jobs (11)

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2022)344(-2%)
Job Openings11
Cybersecurity ratingAMore
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Key People/Management at MetroMile

Dan Preston

Dan Preston

Chief Executive Officer
David Friedberg

David Friedberg

Founder and Chairman
Regi Vengalil

Regi Vengalil

Chief Financial Officer
Lindsay Alexovich

Lindsay Alexovich

Chief Accounting Officer
Colin Bryant

Colin Bryant

Director
John Butler

John Butler

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

4 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

A

90/100

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+

    74/100

  • CEO Rating

    B

    77/100

  • Compensation

    C+

    72/100

  • Diversity

    C

    76/100

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MetroMile News and Updates

February 01, 2022

Metromile Announces Stockholder Approval of Merger Agreement with Lemonade

Transaction Anticipated to Close During Q2 2022 Transaction Anticipated to Close During Q2 2022
January 07, 2022

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation into the Fairness of Mergers involving Metromile, Inc., INSU Acquisition Corp. II, and Lemonade, Inc.

NEW YORK, Jan. 6, 2022 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who purchased Metromile, Inc. (NASDAQ: MILE) ("Metromile" or the "Company") stock prior to December 28, 2021, including, but by no means limited to, all...
November 15, 2021

Metromile Announces Third Quarter 2021 Results

SAN FRANCISCO, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced its results for the third quarter ended September 30, 2021.
November 09, 2021

: Metromile stock rallies 7% after Lemonade announces acquisition

Insurance company Lemonade said late Monday it has agreed to buy Metromile in a bid to jumpstart its auto-insurance business and sending shares of Metromile more than 13% higher.
October 20, 2021

Metromile Expands Reach Through Independent Agents

Insurance Vet Scot Rankin Joins as Independent Agency Relationship Manager Insurance Vet Scot Rankin Joins as Independent Agency Relationship Manager
October 05, 2021

Buckle Selects Metromile Enterprise to Power FNOL Process

Partnership will improve claims experience for rideshare and delivery drivers throughout the U.S. Partnership will improve claims experience for rideshare and delivery drivers throughout the U.S.
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MetroMile Blogs

May 09, 2022

National Bike Month: How to Participate

May is National Bike Month, so we’re exploring ways to make commuting by bike easier and safer. Whether you ride your bike for fun, to get fit, to save the environment, or just to get around town, we’ve got recommendations on how to make cycling better for everyone. One way you can celebrate this ye…
April 29, 2022

Promoting Belonging & Overcoming Imposter Syndrome

As part of Diversity Month, we met with several Metromilers to discuss their personal and professional efforts in supporting diversity and DE&I efforts in their own communities. In part three of our series, Metromilers offer advice for those looking to break into a new industry and how to overco…
April 25, 2022

Fostering Diversity & Belonging at Metromile

As part of Diversity Month, we met with several Metromilers to discuss their personal and professional efforts in supporting diversity and their advice for others who are interested in being better allies and supporting DE&I efforts in their own communities. This is the second blog of a three-pa…
April 22, 2022

How To Do a New Jersey Title Transfer

Live in New Jersey or thinking of moving there? If you’re considering buying a car, selling a car, or moving to the state, you’ll need to do a New Jersey title transfer. Doing so can make sure your documents are up-to-date and officially change ownership of the vehicle. Whatever your situation may b…
April 21, 2022

How To Transfer a Car Title in Pennsylvania

Now might be a good time to sell your vehicle, given the rise in gas prices and the hot used car market. Whether you’re selling your car, buying a new one, or getting one as a gift, a title transfer must occur whenever there’s a change in ownership. In this guide, we cover how to ... The post How To…
April 20, 2022

Diversity and Inclusion at Metromile & Beyond

As part of Diversity Month, we met with several Metromilers to discuss their personal and professional efforts in encouraging diversity and their advice for others who are interested in being better allies and supporting DE&I efforts in their own communities. This is the first of a three-part se…
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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, David Friedberg and Regi Vengalil.

  • How many employees does MetroMile have?

    MetroMile has 344 employees.

  • Who are MetroMile competitors?

    Competitors of MetroMile include Root, Hellas Direct and Tnedicca.

  • 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.