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.
| Type | Private | |
| Founded | 2011 | |
| HQ | San Francisco, CA, US | Map |
| Website | metromile.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
Latest Updates
| Employees (est.) (Jan 2021) | 232 | (+3%) |
| Cybersecurity rating | B | More |
Key People/Management at MetroMile
Dan Preston
Chief Executive Officer
Lindsay Alexovich
Chief Accounting Officer
Jim Huscroft
VP, Claims
Debra Jack
VP, Communications
Matt Stein
VP, Product
David Friedberg
Chairman of the Board
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
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 | 2 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
MetroMile Cybersecurity Score
Competitors
MetroMile Online and Social Media Presence
6.98k Twitter followers
MetroMile has 6.98k Twitter Followers. The number of followers has increased 4.5% month over month and increased 24.5% quarter over quarter
MetroMile's Trends
Twitter Engagement Stats for @MetroMile
8.7k
Tweets
199
Following
7k
Followers
41
Tweets last 30 days
5.5
Avg. likes per Tweet
97.6%
Tweets with engagement
MetroMile Company Culture
Overall Culture
C+
75/100
CEO Rating
A+
85/100
Compensation
C+
72/100
Diversity
C
76/100
MetroMile News and Updates
January 15, 2021
INSU Acquisition Corp. II Announces Effectiveness of Registration Statement for Proposed Business Combination with Metromile
PHILADELPHIA, Jan. 15, 2021 (GLOBE NEWSWIRE) -- INSU Acquisition Corp. II, a publicly traded special purpose acquisition company (the “Company”) (“INSU II”) (NASDAQ: INAQ), announced today that its registration statement on Form S-4 (File No. 333-250989) (as amended, the “Registration Statement”)…
January 07, 2021
Metromile to Participate at the ICR Conference 2021
SAN FRANCISCO, CA, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”), a leading digital insurance platform and pay-per-mile auto insurer, today announced that Chief Executive Officer Dan Preston will participate in a virtual fireside chat at the ICR Conference on Tuesday, January 12,…
December 03, 2020
As Metromile looks to go public, insurtech funding is on the rise
Earlier this week, TechCrunch covered the latest venture round for AgentSync, a startup that helps insurance agents comply with rules and regulations. But while the product area might not keep you up tonight, the company’s growth has been incredibly impressive, scaling its annual recurring revenue (…
November 30, 2020
Metromile looks to go public through SPAC acquisition
Summary List PlacementThe US-based pay-per-mile insurtech has decided to become a public company by merging with publicly traded special purpose acquisition company (SPAC) Insu Acquisition Corp. II, per TechCrunch.
Insu is a shell company that raised $230 million through its IPO in September with t…
November 25, 2020
Insurtech’s big year gets bigger as Metromile looks to go public
In the wake of insurtech unicorn Root’s IPO, it felt safe to say that the big transactions for the insurance technology startup space were done for the year. After all, 2020 had been a big one for the broad category, with insurtech marketplaces raising lots, rental insurance startup Lemonade going p…
November 24, 2020
Pay-per-mile auto insurer Metromile is heading to public markets via SPAC
Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. The company, which was founded in 2011 and is led by CEO Dan Preston, said it has reached a merger agreement …
MetroMile Blogs
January 22, 2021
How California Drivers Can Save on Auto Insurance
Whether you live in Los Angeles, Modesto, Redding, or San Francisco or closer to Death Valley or Lake Tahoe, chances are you could get more from your car insurance coverage. California drivers can save with pay-per-mile auto insurance and keep the same or better coverage. How to save on auto insuran…
January 20, 2021
How Arizona Drivers Can Save on Auto Insurance
Whether you live in Phoenix or Tucson or closer to the Four Corners in Monument Valley or the Sonoran Desert, chances are you could get more from your car insurance coverage. Arizona drivers can save with pay-per-mile auto insurance and keep the same or better coverage. How to save on auto insurance…
January 15, 2021
How I Built My Career: From Customer Experience to Data Analytics
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…
December 29, 2020
Metromile in 2020: The Year in Review
2020 has been a life-changing year for many of us. Undeniably, when we look back at 2020, we will think about the tremendous change this year has brought with the Covid-19 pandemic and our increasing understanding of the roles each of us has with topics as diverse as climate change and racial justic…
November 30, 2020
How to Choose the Right Auto Repair Shop After an Accident
It happened: Your car got damaged and needs repair. Whether it is a flat tire or some broken glass, or worse, auto insurance can help protect your vehicle, finances, and well-being. Here is everything you might want to know about how to get your car repaired quickly. What You Should Know About Your …
November 24, 2020
How I Drive: A Former Insurance Agency Owner Dispels Myths About Auto Insurance
It can be tough to find the best car insurance for mature drivers or retirees. Car insurance tends to get more expensive as drivers get older, and seniors drive more miles than they have before. This is not the case for Washington state resident Dennis L. Dennis and his wife who switched from their …
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 232 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.
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