MetroMile Obtains $10,000,001 New Funding

  • Feed Type
  • Date
  • Company Name
  • Mailing Address
    292 Townsend St San Francisco, CA 94107
  • Company Description
    We started MetroMile because we believe the people leading the lower-mileage trend should be rewarded. We also believe products such as car insurance are not reacting quickly enough to meet the specialized needs of this group. Why, for example do car insurance premiums continue to increase when people, on average, are driving less? We don’t think that’s fair.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    Proceeds purposes were not disclosed. SEC regulatory filing.
  • M&A Terms
  • Venture Investor