Metromile CFO moves on
After losing Jeff Briglia who served as the company’s chief insurance officer and chief operating officer, Metromile is losing another executive with the departure of Carrie Dolan, the company’s chief financial officer for the past three years.
Dolan is leaving Metromile to become the CFO of Tradeshift, a developer of a financial platform intended to facilitate digital trade transactions, which went on to raise $661 million in funding.
“Embedded finance is the next stage in the evolution of fintech,” Dolan said in a press release announcing her new role. “Tradeshift’s global marketplace offering and the data this generates make its proposition highly compelling in this space. There are significant opportunities to monetize further across the Tradeshift network, delivering value to businesses through digitized financing options and a host of other services. I’m excited to join a great team at a really pivotal moment in Tradeshift’s journey.”
According to several former Metromile employees who asked to remain anonymous, Dolan was second in command and part of some of the strategic decisions the company made. And according to a source, other key employees are looking for new opportunities.
Get Coverager to your inboxA really good email covering top news.
Metromile and INSU Acquisition Corp. II, a publicly-traded special purpose acquisition company sponsored by Cohen & Company, LLC, a subsidiary of Cohen & Company Inc., announced that they have entered into a definitive business combination that will result in Metromile becoming a publicly listed company.