MetroMile Receives $191,500,000 New Financing

  • Feed Type
  • Date
    9/22/2016
  • Company Name
    MetroMile
  • Mailing Address
    292 Townsend St San Francisco, CA 94107 USA
  • 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.
  • Website
    http://www.metromile.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $191,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Closing this financing round not only accelerates our nationwide expansion but allows Metromile to operate as an end-to-end insurance company which includes providing our customers a fully seamless claims experience.
  • M&A Terms
  • Venture Investor
    Index Ventures
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    First Round Capital
  • Venture Investor
    Mitsui & Co.
  • Venture Investor
    SV Angel
  • Venture Investor
    Investor

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