Metromile Overview

  • Founded
  • 2011
Founded
  • Status
  • Private
  • Employees
  • 230
Employees
  • Latest Deal Type
  • PIPE
  • (In Progress)
  • Latest Deal Amount
  • $160M
Latest Deal Amount
  • Investors
  • 25

Metromile General Information

Description

Operator of a digital insurance platform intended to offer personalized insurance that is customized to each driver to be more affordable. The company provides personalized auto insurance policies, priced and billed by the mile, with rates based on precisely how and how much users actually drive, instead of using the industry-standard approximations and estimates, helping car owners and drivers to save on insurance costs and pay as per their usage.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive Insurance
Other Industries
Financial Software
Primary Office
  • 1501 West Fountainhead Parkway
  • Suite 200
  • Tempe, AZ 85282
  • United States
+1 (888) 000-0000
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Metromile Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. PIPE 24-Nov-2020 $160M 00000 In Progress Generating Revenue
9. Reverse Merger 24-Nov-2020 00000 00000 00000 Announced Generating Revenue
8. Debt - General 00000 Completed Generating Revenue
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 00.00 000.00 000.00 Completed Generating Revenue
3. Early Stage VC (Series B) 29-Apr-2013 0000 000.00 0000 Completed Startup
2. Early Stage VC (Series A) 05-Dec-2012 $4.29M $4.29M 0000 Completed Startup
1. Seed Round 01-Jan-2011 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
Operator of a digital insurance platform intended to offer personalized insurance that is customized to each driver to b
Automotive Insurance
Tempe, AZ
230 As of 2020
00000
000000000 00000

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0000000000 000000000
London, United Kingdom
00 As of 0000
000.00
000 0000-00-00
00000000000 000.00

00000000

m ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat
0000000000 000000000
Henrico, VA
000 As of 0000
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Metromile Competitors (5)

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
00000000 000000000 Corporation Henrico, VA 000
0000 0000000 00000 Corporate Backed or Acquired Wilmington, DE 0000 000000&0
000000000000 Corporate Backed or Acquired Gibraltar 000 000000000000
00000000 Accelerator/Incubator Backed Zurich, Switzerland 000000000000
To view Metromile’s complete competitors history, request access »

Metromile Executive Team (29)

Name Title Board Seat Contact Info
Dan Preston Chief Executive Officer
Paw Anderson Chief Technology Officer
Mark Gundacker Chief People Officer
Lindsay Alexovich Chief Accounting Officer
Nicolas Beaupre Vice President of Insurance
You’re viewing 5 of 29 executive team members. Get the full list »

Metromile Board Members (7)

Name Representing Role Since
Colin Bryant New Enterprise Associates Board Member 000 0000
David Friedberg Self Co-Founder & Chairman 000 0000
Karim Hirji Intact Ventures Board Director 000 0000
Neil Rimer Index Ventures Board Member 000 0000
Sanjay Pichaiah Self Board Observer 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Metromile Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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 Investors (25)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
AmTrust Financial Corporation Corporation Minority 000 0000 000000 0
Australia Future Fund Sovereign Wealth Fund Minority 000 0000 000000 0
G Squared Venture Capital Minority 000 0000 000000 0
LUN Partners Group Asset Manager Minority 000 0000 000000 0
Section 32 Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 25 investors. Get the full list »

Metromile Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 00000000000 24-Nov-2020 000000000000000000 00000 Other Capital Markets/Institutions 000 0000000
Mosaic Insurance 21-Sep-2016 Merger/Acquisition 0000 Other Insurance 000 0000000
To view Metromile’s complete acquisitions history, request access »