Metromile
San Francisco, US · Delaware corporation · 5 known investors
Founders & leadership
DP
Dan PrestoninFounder · CEO2014–2022
CD
Carrie DolanExecutive
Board
CB
Colin BryantBoard director
NR
KH
Karim HirjiBoard director
DF
David FriedbergBoard director
SS
Stacy SmithBoard director
Investors · 5
Reported raises · per SEC filings
Form D private placements$90M disclosed across 1 round · 2018
▶$90MraisedAug 2018 · 10 investors · OtherRule 506(b)
▶$90MraisedAug 2018 · 10 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Colin BryantDirector
- Neil RimerDirector
- Stacy SmithDirector
- Karim HirjiDirector
- Carrie DolanExecutive Officer
- David FriedbergDirector
- Dan PrestonExecutive Officer, Director
- Offering amount
- $150M
- Amount sold
- $90M
- First sale
- Jul 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Metromile went on to found or lead other companies.
Competitors · 5
by search overlapLemonade247 shared keywordsLemonade is a digital insurance provider offering homeowners, renters, car, pet, and term life insurance policies. The company uses AI to streamline policy underwriting and claims processing, targeting consumers seeking affordable insurance with fast, digital-first service.
Insurify200 shared keywordsInsurify operates an online insurance-comparison marketplace that pulls real-time, personalized quotes from 120-plus insurers (including GEICO, Allstate, and Progressive) for auto, home, renters, and pet insurance, letting shoppers compare policies and buy online or with a licensed agent. Its AI-powered tools include a policy-upload feature, and it also offers Insurify Car, a liability-only auto policy with weekly installment payments; the company is a licensed agency in all 50 U.S. states.
Mile Auto155 shared keywordsMile Auto offers pay-per-mile car insurance where customers pay a base rate plus a per-mile charge, with mileage reported monthly via odometer photos instead of a tracking device. It targets low-mileage drivers seeking lower rates and greater privacy over their location and driving data.
Libertymutual116 shared keywordsLiberty Mutual is an insurance provider offering personal insurance products including car, home, homeowners, and renters coverage to consumers. The company provides online quotes, claims handling, and support through both its website and mobile app.
Just95 shared keywordsJust provides auto insurance in the US with pay-per-mile pricing for low-mileage drivers and unlimited-miles policies with flexible weekly, biweekly, or monthly payments, managed through a mobile app. It currently serves drivers in Arizona and Nevada, offering coverage tiers from state-minimum liability to full coverage and uninsured/underinsured motorist protection.
Companies competing with Metromile for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- Who founded Metromile?
- Metromile was founded by Dan Preston.
- Who are Metromile's investors?
- Metromile's investors include G Squared, Index Ventures, Linus Ventures, Multiplier Capital, New Enterprise Associates (NEA).
- How much funding has Metromile raised?
- Metromile has disclosed $90M raised across 1 round.
- Where is Metromile headquartered?
- Metromile is headquartered in San Francisco, US.