By Miles

By Miles Overview

  • Founded
  • 2017
Founded
  • Status
  • Private
  • Employees
  • 24
Employees
  • Latest Deal Type
  • Series B
  • Latest Deal Amount
  • $18.5M
Latest Deal Amount
  • Investors
  • 6

By Miles General Information

Description

Provider of pay-per-mile car insurance services intended to offer fairer and flexible car insurance. The company integrates a smartphone application and matchbox-sized black box to detect the usage of a car and charge drivers according to the exact distance covered in real-time, enabling low mileage drivers to save on insurance costs by only paying for miles they drive.

Contact Information

Formerly Known As
Just Miles
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive Insurance
Other Industries
Application Software
Information Services (B2C)
Primary Office
  • Oriel House
  • Bootle L20 7EP
  • England, United Kingdom

By Miles Timeline

201820192020
Financing RoundCaptured Employee CountEstimated Employee Growth
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By Miles Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Early Stage VC (Series B) 21-May-2020 $18.5M 000.00 Completed Generating Revenue
5. Early Stage VC (Series A) 27-Feb-2019 00.00 00.000 Completed Generating Revenue
4. Seed Round 25-Jul-2018 00.000 00.000 00.00 Completed Generating Revenue
3. Accelerator/Incubator 29-Nov-2017 00000 Completed Startup
2. Seed Round 20-Sep-2017 $164K $612K 00.00 Completed Startup
1. Seed Round 29-Jun-2017 $448K $448K 00.000 Completed Startup

By Miles Cap Table

To view By Miles‘s complete cap table, request access »
Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Ordinary 0,000 00.000000 0000.00 0000.00 00 0000.00 00.000
Ordinary 000 00.000000 0000.00 0000.00 00 0000.00 0.000
Ordinary 0,000 00.000000 0000.00 0000.00 00 0000.00 00.000
Ordinary 200 $0.013179 $65.89 $65.89 1x $65.89 1.17%
Ordinary 1,100 $0.013179 $59.9 $59.9 1x $59.9 6.45%

By Miles Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Cuvva Venture Capital-Backed London, United Kingdom 00 000.00 00000000000 000.00
000000000 Venture Capital-Backed San Francisco, CA 000 00000 0000 00000
000000 000000000 Corporate Backed or Acquired Europort, Gibraltar 000000&0
000000000000 Corporate Backed or Acquired Gibraltar 000 000000000000

By Miles Executive Team (2)

Name Title Board Seat Contact Info
James Blackham Co-Founder, Chief Executive Officer & Board Member
Callum Rimmer Co-Founder, Chief Technology Officer & Board Member

By Miles Board Members (4)

Name Representing Role Since
Callum Rimmer By Miles Co-Founder, Chief Technology Officer & Board Member 000 0000
James Blackham By Miles Co-Founder, Chief Executive Officer & Board Member 000 0000
Malcolm Ferguson Octopus Ventures Board Member 000 0000
Robert Lumley Insurtech Gateway Board Member 000 0000

By Miles Investors (6)

To view By Miles‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
CommerzVentures Corporate Venture Capital Minority 000 0000 000000 0
Octopus Ventures Venture Capital Minority 000 0000 000000 0
Insurtech Gateway Accelerator/Incubator Minority 000 0000 000000 0
Hambro Perks Venture Capital Minority 000 0000 000000 0
InMotion Ventures Corporate Venture Capital Minority 000 0000 000000 0

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