Metromile is the only variably-priced, pay-per-mile car insurance provider. They charge 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, Metromile 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. To accomplish this, they’re using the latest mobile, cloud and data science technologies and have assembled a talented team of technologists, product designers and industry veterans.
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|Index Ventures, New Enterprise Associates, SV Angel, Felicis Ventures, Mitsui & Co, First Round, NeoTribe Ventures, Mike Ghaffary, China Pacific Insurance, Intact Financial Corporation|