Metromile Overview

  • Founded

  • 2011

Founded
  • Status

  • Acquired/​Merged

  • Employees

  • 384

Employees
  • Latest Deal Type

  • M&A

  • Latest Deal Amount

  • $138M

Metromile General Information

Description

Metromile Inc is a digital insurance platform in the United States. It offers real-time, personalized auto insurance policies by the mile. Metromile's digitally native offering is built around the modern driver's needs, featuring automated claims, complimentary smart driving features and annual average savings of 47% over what they were paying their previous auto insurer.

Contact Information

Website
www.metromile.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Automotive Insurance
Parent Company
Lemonade
Primary Office
  • 425 Market Street
  • Suite 700
  • San Francisco, CA 94105
  • United States
+1 (888) 000-0000

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Metromile Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Merger/Acquisition 28-Jul-2022 $138M 00000 00000 Completed Profitable
11. PIPE 10-Feb-2021 00000 00000 Completed Generating Revenue
10. Reverse Merger 10-Feb-2021 00000 00000 00.000 Completed Generating Revenue
9. Debt - General 00000 Completed Generating Revenue
8. Debt - General 05-Dec-2019 00000 Completed Profitable
7. Later Stage VC (Series E) 24-Jul-2018 0000 00000 00000 Completed Generating Revenue
6. Later Stage VC (Series D) 21-Sep-2016 00000 00000 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 23-Dec-2014 000.00 000.00 00000 Completed Generating Revenue
4. Early Stage VC 04-Sep-2014 $1.5M $15.8M 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 29-Apr-2013 $10M $14.3M 0000 Completed Startup
To view Metromile’s complete valuation and funding history, request access »

Metromile Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series E 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series E-1 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series D 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Junior 0,000,000 00.000000 00.00 00.0 00.0 00 00.0 0.000
Series C 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B 5,716,573 $0.000100 $0.14 $1.75 $1.75 1x $1.75 6.76%
Series A 7,149,996 $0.000100 $0.05 $0.6 $0.6 1x $0.6 8.46%
To view Metromile’s complete cap table history, request access »

Metromile Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Metromile Inc is a digital insurance platform in the United States. It offers real-time, personalized auto insurance pol
Automotive Insurance
San Francisco, CA
384 As of 2021
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0000 0

dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco
0000000000 000000000
Wilmington, DE
0000 As of 0000
000000&0

000000

veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo
0000000000 000000000
Gibraltar
000 As of 0000
000000000000
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Metromile Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
21st Century Insurance Corporate Backed or Acquired Wilmington, DE 0000 000000&0
000000000000 Corporate Backed or Acquired Gibraltar 000 000000000000
00000000 000000000 Corporation Henrico, VA 000
00 00000 Venture Capital-Backed Bootle, United Kingdom 00 000.00 00000000000 000.00
00 000000 Private Equity-Backed Halesowen, United Kingdom 00 000.00 000000000000 000.00
You’re viewing 5 of 10 competitors. Get the full list »

Metromile Patents

  • 10

    Total Documents Applications and Grants

  • 000

    Total Patents Families

  • 4

    Granted

  • 000

    Pending

  • 000

    Expiring in next 12 mo

Metromile Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10036639-B1 Systems and methods for determining and displaying a route using information determined from a vehicle, user feedback, and a mobile electronic device Active 02-Sep-2014 000000000
US-10706644-B2 Systems and methods for determining fuel information of a vehicle Active 02-Sep-2014 000000000
US-9846977-B1 Systems and methods for determining vehicle trip information Active 02-Sep-2014 00000000
US-20180204396-A1 Systems and methods for determining vehicle trip information Inactive 02-Sep-2014 00000000
US-20230010904-A1 Systems and methods for determining vehicle trip information Pending 02-Sep-2014 G07C5/02 00
To view Metromile’s complete patent history, request access »

Metromile Executive Team (31)

Name Title Board Seat Contact Info
Lindsay Alexovich Chief Accounting Officer
Jesse McKendry Vice President
You’re viewing 2 of 31 executive team members. Get the full list »

Metromile Board Members (11)

Name Representing Role Since
Colin Bryant New Enterprise Associates Board Member 000 0000
Stacy Smith Self Board Member 000 0000
You’re viewing 2 of 11 board members. Get the full list »

Metromile Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Metromile Former Investors (33)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Acequia Capital Angel Group Minority 000 0000 000000 0
AmTrust Financial Corporation Minority 000 0000 000000 0
Australia Future Fund Sovereign Wealth Fund Minority 000 0000 000000 0
Brett Crosby Angel (individual) Minority 000 0000 000000 0
China Pacific Property Insurance Company Corporation Minority 000 0000 000000 0
You’re viewing 5 of 33 investors. Get the full list »

Metromile Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000 09-Feb-2021 0000000000 Special Purpose Acquisition Company (SPAC) 000 00000
Mosaic Insurance 21-Sep-2016 Merger/Acquisition 0000 Other Insurance 000 00000
To view Metromile’s complete acquisitions history, request access »

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