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Metromile, an insurance-focused fintech powered by data science and machine learning, on Monday formally announced the addition of a $50 million investment from Ryan Graves, a former Uber ...
Metromile, Inc. is a San Francisco-based technology start-up that offers pay-per-mile car insurance, licenses a digital insurance platform to insurance companies around the world, and provides a digitally native offering featuring smart driving features, automated claims, and vehicle information.
For example, Metromile, an insurance provider start-up founded in 2011, has started to offer usage-based insurance for low-mileage drivers and designed a policy to complement the commercial coverage of Uber drivers. [42] Some states have specif laws for autonomous car insurance [43].
A pay per mile insurance company hoping to disrupt the highly fragmented market is going public via a SPAC deal.The SPAC Deal: Metromile is going public vis SPAC INSU Acquisition Corp II (NASDAQ ...
That year, he resigned from the board of directors of Uber. [5] In 2018, Graves founded Saltwater, his family office, focused on investments in technology businesses. [6] In February 2021, Graves made a $50 million investment in and became a member of the board of directors of Metromile, a pay-per-mile auto insurer. [7]
A new Uber-led coalition dedicated to fighting high insurance costs is launching a multi-million ad campaign to urge Albany and the City Council to approve laws to lower rather than pile on ...
Inshur provides embedded insurance to ride-hailing companies like Uber. Check out the 16-slide pitch deck used to secure $19 million. Riddhi Kanetkar. Updated October 17, 2024 at 1:10 PM.
Bank of America – relocated to Charlotte, North Carolina; Bechtel - relocated to Reston, Virginia; Block, Inc. - no designated headquarters location since 2022 [2] California State Automobile Association – relocated to Walnut Creek, California
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