MetroMile

Automotive Financial Services Technology application software car insurance tracking

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.

Company Growth (employees)

Type

Private

San Francisco, US

Founded

2011

Size (employees)

185 (est)-3%

Website

metromile.com

MetroMile was founded in 2011 and is headquartered in San Francisco, US

Key People at MetroMile

Dan Preston

CEO

Joe Selsavage

CFO

David Friedberg

Chairman & Co-Founder

MetroMile Office Locations

MetroMile has offices in San Francisco, Tempe and Boston

San Francisco, US (HQ)

690 Folsom Street, Suite 200

MetroMile Data and Metrics

Summary Metrics

Founding Date	2011
Total Funding	$205.5 m
Latest funding size	$50 m
Time since last funding	10 months
Investors	Intact Financial Corporation, Index Ventures, NeoTribe Ventures, Mitsui & Co, New Enterprise Associates, Mike Ghaffary, SV Angel, First Round, China Pacific Insurance, Felicis Venture