Metromile, Inc. (MILE)
Metromile, Inc. operates in the Insurance - Property & Casualty industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $1.05, up 0.00% on the session, giving a market capitalisation of $0. On trailing twelve-month figures it carries a trailing P/E of -0.57, a net margin of -227.2%. Its beta of 0.00 implies it has historically moved less than the broad market.
Metromile, Inc. offers car insurance to vehicle owners across the United States. The company's operations are divided into two distinct areas: Insurance Services and Enterprise Business Solutions. A primary offering is its innovative pay-as-you-drive car insurance model. Furthermore, Metromile utilizes a proprietary device called The Pulse, which connects to a vehicle's diagnostic port. This device wirelessly relays comprehensive driving data, including mileage, behavioral patterns (like phone usage, acceleration, braking, and cornering), speed, and geographical position. Beyond insurance, Metromile extends its technology platform as a Software-as-a-Service (SaaS) solution and provides expert professional services to external clients. Established in 2011, Metromile, Inc. maintains its headquarters in San Francisco, California. Since July 28, 2022, Metromile, Inc. has functioned as a subsidiary of Lemonade, Inc.
Metromile, Inc. is most often compared with the following Financial Services names: