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Metromile

Metromile IPO

$540.2MM
Series E Valuation, Aug 2018
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Metromile IPO date and status

2011
Founded
Feb 2021
SPAC Completed

Company details

Metromile is an insurtech company focused on savings, service, and features that engage a customer all along their journey.
Sector
Subsector
Founded
2011
Headquarters
San Francisco, CA, United States
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$540.2MM
Total Funding
$286.98MM
Last Funding Round
Series E

Learn more about Metromile

To invest in Metromile pre-IPO

Can you invest in Metromile pre-IPO?

You may invest in Metromile as it is a public company listed on the NASDAQ with ticker MILE. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Metromile before it goes public?

You can no longer sell shares of Metromile on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Metromile shares?

Forge can no longer determine the value of Metromile shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Metromile a publicly traded company?

Metromile became a public company following its SPAC on 02/10/2021 and is now traded on the NASDAQ under the ticker MILE.

To learn more about Metromile potential IPO

Will Metromile go IPO?

Metromile became a public company following its SPAC on 02/10/2021 and is now traded on the NASDAQ under the ticker MILE.

What is Metromile’s IPO price?

The IPO price of Metromile is not currently available.

When was Metromile founded?

Metromile was founded in 2011.

What is Metromile funding to date?

Metromile has raised $286.98MM to date.

Metromile pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
08/01/2018 Series E $90MM $6.39 $540.2MM Australia Future Fund, Index Ventures (Uk), Intact Ventures, New Enterprise Associates, Section 32, Tokio Marine Holdings
Price per Share
$ xx.xx
Shares Outstanding
14,091,914
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Australia Future Fund, Index Ventures (Uk), Intact Ventures, New Enterprise Associates, Section 32, Tokio Marine Holdings
09/21/2016 Series D $98.34MM $5.15 $335MM Acequia Capital, China Pacific Property Insurance Company, David Friedberg, First Round Capital, Index Ventures, Intact Ventures, Mark Cuban, Mitsui & Company, New Enterprise Associates, Sv Angel, Upshift Capital
Price per Share
$ xx.xx
Shares Outstanding
19,076,254
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acequia Capital, China Pacific Property Insurance Company, David Friedberg, First Round Capital, Index Ventures, Intact Ventures, Mark Cuban, Mitsui & Company, New Enterprise Associates, Sv Angel, Upshift Capital
09/21/2016 Series E-1 $42.66MM $5.15 $335MM Acequia Capital, China Pacific Property Insurance Company, David Friedberg, First Round Capital, Index Ventures, Intact Ventures, Mark Cuban, Mitsui & Company, New Enterprise Associates, Sv Angel, Upshift Capital
Price per Share
$ xx.xx
Shares Outstanding
8,276,362
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Acequia Capital, China Pacific Property Insurance Company, David Friedberg, First Round Capital, Index Ventures, Intact Ventures, Mark Cuban, Mitsui & Company, New Enterprise Associates, Sv Angel, Upshift Capital
12/23/2014 Series C $40.19MM $4.39 $158.4MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
9,163,070
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
09/04/2014 Junior Preferred $1.5MM $0.90 $23.88MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
1,666,667
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
04/29/2013 Series B $10MM $1.75 $45MM Felicis Venture, First Round Capital
Price per Share
$ xx.xx
Shares Outstanding
5,716,573
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Felicis Venture, First Round Capital
12/05/2012 Series A $4.29MM $0.60 $12MM First Round Capital, Index Ventures, New Enterprise Associates, Scott Crosby, Sv Angel
Price per Share
$ xx.xx
Shares Outstanding
7,149,996
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
First Round Capital, Index Ventures, New Enterprise Associates, Scott Crosby, Sv Angel

Metromile IPO news and media highlights

Usage-Based Insurance Market May See Big Move | State Farm, Metromile, Esurance

The Latest Released Worldwide Usage-Based Insurance market study has evaluated the future growth potential of Worldwide Usage-Based Insurance market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, […]

Usage-Based Insurance Market SWOT Analysis by Key Players- Metromile, Admiral, Aviva, AXA

The Latest Released Usage-Based Insurance market study has evaluated the future growth potential of Global Usage-Based Insurance market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the […]

Insurtech’s big year gets bigger as Metromile looks to go public – TechCrunch

In the wake of insurtech unicorn Root’s IPO, it felt safe to say that the big transactions for the insurance technology startup space were done for the year. After all, 2020 had been a big one for the broad category, with insurtech marketplaces raising lots, rental insurance startup Lemonade …

Ford partners with Metromile for pay-per-mile insurance on new cars

With millions of Americans working from home and driving less, Ford is giving more car owners the option to save money on insurance through Metromile.
Browse More Insights

Private companies exploring an IPO

See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Fintech
Subsector: Insurance
Trade Metrics Last Funding Round
Company Forge Price Last Matched Round Post-Money Valuation 3 Price Per Share Amount Raised
KrakenKraken$36.52 -$1.91 (4.97%)$ xx.xxSeries D$20B$61.47$200MM
UpholdUphold$2.40 +$0.80 (50.00%)$ xx.xxNot available------
DriveWealthDriveWealthNot available$ xx.xxSeries D-1$2.85B$25.18$449.89MM
RazorpayRazorpayNot available$ xx.xxNot available------
ChiaChiaNot available$ xx.xxSeries D$458.07MM$21.21$61MM
LendbuzzLendbuzzNot available$ xx.xxSeries D-1A$1.07B$16.65$1.53MM
Blockchain.comBlockchain.comNot available$ xx.xxNot available------

Private market movers

Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

Actively traded

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
SpaceX SpaceX $603.79 +$2.52 (0.42%)High $xxx.xx
Anduril Anduril $110.97 +$4.00 (3.74%)High $xxx.xx
Databricks Databricks $197.66 +$0.01 (0.01%)High $xxx.xx

Artificial Intelligence (AI)

Company Forge Price Market Activity Last Matched
Anthropic Anthropic $259.14 -$13.84 (5.07%)High $xxx.xx
OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
Anduril Anduril $110.97 +$4.00 (3.74%)High $xxx.xx
Databricks Databricks $197.66 +$0.01 (0.01%)High $xxx.xx
Perplexity Perplexity $69.54 +$6.59 (10.47%)High $xxx.xx

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Updated on: Dec 11, 2025

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  5. Actively traded companies are companies with a high market activity with the highest post-money valuation in the same sector.

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