Fundraising FoxBy Miles
6 known investors
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By Miles offers pay-by-mile car insurance for UK drivers who cover under about 7,000 miles a year, charging a fixed upfront fee for parked cover plus a per-mile rate based on actual miles driven. Mileage is measured via a plug-in telematics "Miles Tracker" device or directly from a compatible car's mileometer, with journeys and driving tools tracked through the company's app and web dashboard.
Investors · 6
How we know: insurtechgateway.com · the VCSheet dataset · Not right? Tell us
How we know: inmotionventures.com · insurtechgateway.com · octopusventures.com · Not right? Tell us
How we know: uktech.news · insurtechgateway.com · Not right? Tell us
Also in the syndicate · 1
Funding
SEC filings, press & company announcements- Undisclosed amountSeries BMay 2020
CommerzVentures (lead), InMotion Ventures
Source ↗ - Undisclosed amountSeries AFeb 2019
Octopus Ventures (lead), InMotion, InsurTech Gateway, JamJar
Source ↗ - Undisclosed amountSeedJul 2018
JamJar Investments (lead), InMotion Ventures, InsurTech Gateway
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
In the news
Frequently asked questions
- What does By Miles do?
- By Miles offers pay-by-mile car insurance for UK drivers who cover under about 7,000 miles a year, charging a fixed upfront fee for parked cover plus a per-mile rate based on actual miles driven. Mileage is measured via a plug-in telematics "Miles Tracker" device or directly from a compatible car's mileometer, with journeys and driving tools tracked through the company's app and web dashboard.
- Who are By Miles's investors?
- By Miles's investors include CommerzVentures, Octopus Ventures, InMotion Ventures, Insurtech Gateway Fund, JamJar Investments.