MetroMile, Inc.
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MetroMile, Inc. - overview
Established
2011
Location
San Francisco, CA, US
Primary Industry
Insurance
About
Founded in 2011 and based in San Francisco, California, MetroMile Inc. operates as a pay-per-mile car insurance solution provider. Metromile has offices in San Francisco, Boston, and Tempe. As of 2021, the company has approximately 259 employees.
In July 2018, MetroMile, Inc. raised USD 90 million in a Series E funding co-led by Intact Financial Corporation and Tokio Marine Group Holdings, Inc. , with participation from Future Fund and Section 32. And in November 2020, MetroMile agreed to merge with INSU Acquisition Corp.
II (SPAC) for USD 294 million in cash. Following the merger, MetroMile, Inc. will be a publicly listed company. MetroMile offers real-time, personalized auto insurance policies by the mile drove.
The company uses the Internet of Things data from vehicles it insures to track speed, gas usage, and travel times. It also offers liability coverage, vehicle coverage, and medical coverage.
Current Investors
China Pacific Insurance (Group) Co. Ltd., Index Ventures, New Enterprise Associates
Primary Industry
Insurance
Sub Industries
e-Financial, Insurance Intermediaries, Commercial Insurance
Website
www.metromile.com
Verticals
Artificial Intelligence, Big Data, InsureTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
MetroMile, Inc. - employee data
MetroMile, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member Board Of Directors | BM |
BM Board Member
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