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Metromile Stock

Pay-per-mile car insurance

Founded

2011

Notable Investors

Index Ventures

Headquarters

San Francisco CA, US

Total Funding

$362M

About Metromile Stock

Metromile is a pay-per-mile auto insurance company in the U.S. Metromile aims to provide low-mileage drivers the ability to reduce their insurance bills. Through a wireless device, called Metromile Pulse, the Company has the ability to track the amount of miles a user drives, along with providing data to optimize how drivers use their car and on demand access to detailed vehicle diagnostics. Metromile additionally operates Ava, an automated assistant that uses car sensor data to verify insurance claims on the spot. Using data derived from Pulse, Ava reportedly reconstructs the scene of an accident to establish what happened and can automatically approve payments in a matter of seconds, according to the company.

Starting in 2016, Metromile began to underwrite its own insurance policies through the acquisition of Mosaic Insurance Inc. Currently, Metromile is available in Arizona, California, Illinois, New Jersey, Oregon, Pennsylvania, Virginia and Washington.

Investors

Funding History

June 2011$4.3M
April 2013$10.0M
June 2014$1.5M
December 2014$40.2M
September 2016$98.3M
July 2018$57.9M
July 2018$150M

Management

Chief Executive Officer

Dan Preston

Chief Financial Officer

Carrie Dolan

Chief Insurance Officer

Jeff Briglia

General Counsel

Jason Altieri

Chief Technology Officer

Paw Andersen

VP, Claims

Jim Huscroft

VP, Communications

Debra Jack

Chief Marketing Officer

Sunil Rajaraman

VP, Product

Matt Stein

Chairman of the Board

David Friedberg

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Metromile or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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