Metromile
Closed (deSPAC)Financials · pay-per-mile auto insurance
- What it is
- A private company in financials preparing to list via a SPAC merger. Full profile in progress.
- What it’s doing now
- Merging with INSU Acquisition Corp. II (MILE) — closed (despac).
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "On November 8, 2021, Lemonade, Inc. announced that it would acquire Metromile in an all-stock transaction, which implied a fully diluted equity value of approximately $500 million, or around $200 million net of cash." [https://en.wikipedia.org/wiki/Metromile] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The acquisition completed on 28 July 2022." [https://en.wikipedia.org/wiki/Metromile]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Metromile is merging with INSU Acquisition Corp. II (MILE) currently marked Closed (deSPAC).
| Headline equity value | — |
| PIPE | ≈ $170M · unsourced |
Structure per SEC accession(s) 0001213900-21-008472, 0001104659-21-154306. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Metromile going public?
Metromile has an approved merger with the SPAC INSU Acquisition Corp. II (MILE). Deal status: Closed (deSPAC).
Does Metromile have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.
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