Metromile, LLC

Metromile (ticker: MILE) is a pay-per-mile auto insurance company that entered public markets through a merger with INSU Acquisition Corp. II, a blank-check company sponsored by Cohen & Company. The SPAC completed its initial public offering in 2020 and announced its business combination with Metromile in November of that year; the transaction closed in February 2021. Operating in the insurtech sector, Metromile offered usage-based personal auto coverage powered by a telematics device. The company was subsequently acquired by Lemonade, Inc. in 2022, concluding its run as an independent publicly traded entity. For complete filing history, sponsor data, and deal analytics on MILE and hundreds of other SPACs, sign up for full access at SpacDesk.