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Company type | Subsidiary |
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Nasdaq: MILE | |
Industry | Technology |
Founded | 2011Redwood City, California | , in
Founders | |
Headquarters | 425 Market Street, , 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$104.9 million (2021)[1] |
US$−197.7 million (2021)[1] | |
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 |
Metromile, Inc. is a San Francisco-based technology start-up 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.