By Miles Raises £5M

London-based By Miles announced a £5m Series A funding round led by Octopus Ventures; bringing the company’s total funding to date to $8.2m.



Established in 2016, the company offers pay-per-mile car insurance underwritten by AXA for drivers over the age of 25.

Get a feel for its UI below:



Restrictions apply.

Waste of time. Got a quote and was all ok. Next day I could not get cover without explanation. Seems they just wanted all my details.

Posted by Mike Baker on Thursday, December 27, 2018

It's a nice idea but the initial £400 payment rules it out for me and I would imagine, quite a few others. If that cost could be paid monthly, I would be in.

Posted by Chris Neville on Monday, November 5, 2018