# Metromile funding: rounds and investors

> Metromile has raised $466M across 5 rounds since 2012. Investors include Index Ventures, New Enterprise Associates and SV Angel. Every round with its source.

Source: https://millionrounds.com/company/metromile (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Metromile*

5 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Insurtech Internet

Funding summary Updated 26 Oct 2026

**$466M** raised across 5 rounds since 2012, from 5 sources

**$4.0M** Series A **$10M** Series B **$192M** Round **$90M** Series E **$170M** Round

- **Latest round:** Round, $170M Feb 2021
- **Biggest round:** $192M Round · Sept 2016
- **Step-up i:** 1.9×
- **Investors:** 11

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2016 2018 2020

**$4.0M** Series A

**$10M** Series B

**$192M** Round

**$90M** Series E

**$170M** Round

- **First round:** Series A, $4.0M
- **Biggest round:** $192M
- **Usual gap between rounds:** 2.5 years

## The rounds

- **Feb 2021** Round **$170M** *1 new* *4 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Felicis](https://millionrounds.com/fund/felicis-ventures) [S32](https://millionrounds.com/fund/s32) Source recorded
- **Jul 2018** Series E **$90M** *4 new* *1 returning* [Index Ventures](https://millionrounds.com/fund/index-ventures) [Section 32](https://millionrounds.com/fund/section-32) [Future Fund](https://millionrounds.com/fund/future-fund) [Tokio Marine](https://millionrounds.com/fund/tokio-marine) Intact Financial/ NEA Reported by VentureBeat SEC filing: $90M sold, first sale Jul 2018
- **Sept 2016** Round **$192M** *1 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Index Ventures](https://millionrounds.com/fund/index-ventures) CPIC Reported by FinSMEs
- **Apr 2013** Series B **$10M** *1 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Index Ventures](https://millionrounds.com/fund/index-ventures) [Felicis](https://millionrounds.com/fund/felicis-ventures) Reported by techcrunch.com SEC filing: $10M sold, first sale Apr 2013
- **Dec 2012** Series A **$4.0M** *4 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [SV Angel](https://millionrounds.com/fund/sv-angel) [Index Ventures](https://millionrounds.com/fund/index-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) Reported by pevc.dowjones.com

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Carrie Dolan** Executive Officer i
- **Dan Preston** Executive Officer, Director i

On the board, as filed i *Colin Bryant* *David Friedberg* *Karim Hirji* *Neil Rimer* *Stacy Smith*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2012 **Series B** 2013 **Round** 2016 **Series E** 2018 **Round** 2021 [Index Ventures](https://millionrounds.com/fund/index-ventures) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [SV Angel](https://millionrounds.com/fund/sv-angel) [Felicis](https://millionrounds.com/fund/felicis-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [S32](https://millionrounds.com/fund/s32) [Section 32](https://millionrounds.com/fund/section-32) [Future Fund](https://millionrounds.com/fund/future-fund) [Tokio Marine](https://millionrounds.com/fund/tokio-marine) CPIC

## Everyone who backed them

[Index Ventures](https://millionrounds.com/fund/index-ventures) VC firm **5** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **4** rounds

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **2** rounds

[Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **2** rounds

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[S32](https://millionrounds.com/fund/s32) VC firm **1** round

[Section 32](https://millionrounds.com/fund/section-32) VC firm **1** round

[Future Fund](https://millionrounds.com/fund/future-fund) Growth equity **1** round

[Tokio Marine](https://millionrounds.com/fund/tokio-marine) Corporate VC **1** round

CPIC no record of our own yet **1** round

Intact Financial/ NEA no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=metromile).

## Also claim to have backed them

These 2 firms list Metromile as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[HSCM Ventures](https://millionrounds.com/fund/hscm-ventures) Private equity Per its own site

[Pivotal Capital](https://millionrounds.com/fund/pivotal-capital-partners) VC firm Per its own site

## Quick answers about Metromile

### Who invested in Metromile?

Metromile's investors include Index Ventures, New Enterprise Associates, SV Angel, Felicis and First Round Capital, and 6 more on record.

### How much has Metromile raised?

Metromile has raised $466M across 5 rounds since 2012.

### When did Metromile last raise?

Metromile's most recent round was an Undisclosed round of $170M in Feb 2021.

### What was Metromile's biggest round?

Metromile's largest round on record is $192M (Undisclosed round), in Sept 2016.

### Who backed Metromile first?

Metromile's first round on record, in Dec 2012, was backed by New Enterprise Associates, SV Angel and Index Ventures and 1 others.

### What stage is Metromile at?

Metromile's latest named round is an Undisclosed round, in Feb 2021.

### Where is Metromile based?

Metromile is based in the United States.

## Companies like Metromile

In the same sector, and raised in the last eighteen months.

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