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MetroMile, Inc., founded in 2011 and based in San Francisco, offers pay-per-mile car insurance.
Founded in 2011 and based in San Francisco, MetroMile, Inc. offers pay-per-mile car insurance using vehicle Internet of Things data to track speed, gas usage and travel times. In July 2018 it raised USD 90 million in a Series E round co-led by Intact Financial Corporation and Tokio Marine Group Holdings, Inc. In November 2020 it agreed to merge with INSU Acquisition Corp. II (SPAC) for USD 294 million in cash.
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