An insurance technology company offering automobile insurance at a base rate combined with payments for miles driven.
On December 5, 2012 Metromile completed their series A funding round with $4 million in funding from SV Angel, New Enterprise Associates, Index Ventures, and First Round Capital.
On April 30, 2013 Metromile completed their series B funding round with $10 million in funding from New Enterprise Associates, Index Ventures, and Felicis Ventures.
On November 1, 2014 Metromile completed their series C funding round with $38.4 million in funding from Mike Ghaffary.
On September 21, 2016 Metromile completed their series D funding round with $191.5 million in funding from SV Angel, New Enterprise Associates, Mitsui & Co, Intact Financial Corporation, Index Ventures, First Round Capital, and China Pacific Insurance.
On July 24, 2018 Metromile completed their series E funding round with $90 million in funding from Tokio Marine Holdings (lead investor), Intact Financial Corporation (lead investor), Section 32, NEA, Index Ventures, and Future Fund.