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Metromile, Inc.
Metromile building at night, San Francisco
Company type
Subsidiary
Traded as
Nasdaq: MILE
Industry
Technology
Founded
2011; 13 years ago (2011) in Redwood City, California
Founders
David Friedberg
Steve Pretre
Headquarters
425 Market Street,
San Francisco, California
,
U.S.
Areas served
California, Illinois, New Jersey, Pennsylvania, Virginia, Washington, Arizona, Oregon
Key people
Dan Preston CEO
Products
Pay-per-mile insurance, driving app
Revenue
US$104.9 million (2021)[1]
Operating income
US$−197.7 million (2021)[1]
Net income
US$−216.4 million (2021)[1]
Total assets
US$313.4 million (2021)[1]
Total equity
US$186.4 million (2021)[1]
Number of employees
384 (2021)[1]
Parent
Lemonade, Inc.
Website
metromile.com
Metromile, Inc. is a San Francisco-based technology startup that offers pay-per-mile car insurance, licenses a digital insurance platform to insurance companies around the world, and provides a digitally native offering featuring smart driving features, automated claims, and vehicle information. In July 2022, Lemonade, Inc. acquired the company.
^ abcdef"Metromile, Inc. 2021 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. 28 February 2022.
Metromile, Inc. is a San Francisco-based technology startup that offers pay-per-mile car insurance, licenses a digital insurance platform to insurance...
Morgan Stanley's Counterpoint Global. Friedberg founded car insurance firm Metromile in 2011 and was its chairman during its early years. He is also an angel...
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insurance and has licensed these methods and systems to other companies. Metromile also uses an OBDII-based system for their mileage-based insurance. They...
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Professor Tel Aviv University 2011 Shachar Kaufman Senior Data Scientist Metromile 2012 Thanawin Rakthanmanon Assistant Professor Kasetsart University, Thailand...
Global Information
US$104.9 million (2021)[1]
US$−197.7 million (2021)[1]