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Builders in Fintech

Mile Auto

Builders in Fintech has recorded 2 equity rounds for Mile Auto, most recently an unspecified round of $4M on 13 October 2022.

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Products
Total raised
$14.3M · equity rounds with a stated amount
Last round
Unspecified · $4M · 13 October 2022
Investors
Ford

Timeline

  1. Funding round

    Unspecified · $4M

  2. Funding round

    Seed · $10.3M · Ford

All funding rounds in the database

Product

Pay-per-mile car insurance

Insurance

Markets: United States

Mile Auto sells pay-per-mile car insurance in the United States. Drivers who cover fewer miles than average pay a base rate plus a charge for each mile driven, reporting their mileage with a photo of the odometer each month instead of using a tracking device, which can make cover cheaper for low-mileage drivers.

Website

Description from the company website · Source

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