| Founded | 2011 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Fintech |
| Total raised | ~300M USD |
| Collapse type | Fire Sale |
| Founder | Dan Preston |
Metromile
"Pay-per-mile car insurance for people who barely drive. The drivers who signed up barely drove — and barely paid."
Distressed acquisition below last-round valuation
Key Events Timeline
Metromile pioneered per-mile auto insurance, targeting low-mileage urban drivers with telematics-driven pricing.
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