By Miles

Car insurance you pay by the mile.

Launch date

Jul 2016

Employees

Market cap

Enterprise valuation

Company register number 09498559

London England (HQ)

https://www.bymiles.co.uk/

https://twitter.com/bymiles https://www.facebook.com/GoByMiles https://www.linkedin.com/company/bymiles https://apps.apple.com/app/id1272759664 https://play.google.com/store/apps/details?id=com.bymiles

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Revenues, earnings & profits over time

GBP	2016	2020	2021	2022
Revenues	-	3.0m	4.4m	5.2m
% growth	-	-	49 %	17 %
EBITDA	-	(3.8m)	(4.6m)	(6.9m)
% EBITDA margin	-	(130 %)	(103 %)	(133 %)
Profit	-	(3.9m)	(4.7m)	(7.4m)
% profit margin	-	(132 %)	(106 %)	(143 %)

Date	Investors	Amount	Round
-	Salica Fintech Fast Forward Katie Marrache	N/A	-
Oct 2017	Pitch@Palace	N/A	-
Jul 2018*	JamJar Investments	£1.0m	Seed
Feb 2019*	JamJar Investments Octopus Ventures InMotion Ventures Insurtech Gateway	£5.0m	Series A
May 2020*	CommerzVentures	£15.0m	Series B
Apr 2023*	Direct Line Group	N/A	Acquisition
Total Funding		€25.6m

Tech stackLearn more about the technologies and tools that this company uses.