Metromile, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Dan Preston
- Full Time Employees
- 384
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- 425 Market Street San Francisco CA United States of America 94105
- IPO Date
- Nov 9, 2020
- CIK
- 0001819035
- Website
- metromile.com
- Similar Companies
- Business
- Metromile, Inc. offers specialized automobile insurance coverage to drivers across the United States. The company's primary focus is on pay-per-mile auto insurance policies, which are particularly beneficial for individuals with lower annual mileage. This unique model charges customers a consistent base rate alongside a fee for each mile driven, promoting cost savings for those who drive infrequently. To accurately measure mileage, Metromile employs a telematics device known as The Pulse, which connects to a vehicle's diagnostic port and transmits essential driving data. Beyond simply tracking miles, this device also powers a complementary mobile application that provides users with insightful vehicle diagnostics, alerts for street sweeping, and a car locator feature. Metromile's offerings leverage data science and artificial intelligence to deliver personalized insurance experiences and automate aspects of the claims process. Founded in 2011 and based in San Francisco, California, Metromile, Inc. has been operating as a subsidiary of Lemonade, Inc. since July 28, 2022, with its advanced technology and models being integrated to enhance Lemonade's automotive insurance platform.
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