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Financial Services
Property & Casualty Insurance
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Financials
Funding and backers
Latest round
Venture round
Dec 2025 · 9 mo ago
Backers
1
CommerzVentures
The money's age
Fresh money
9 months since the last round · not hiring
Momentum
20/100
fresh money
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Dec 23, 2025
Raised a round Venture round
Feb 21, 2019
Raised a round Venture round
Apr 12, 2018
Raised a round Venture round
Sep 20, 2017
Raised a round Venture round
2016
Founded
Mar 19, 2015
Incorporated BY MILES LTD · Companies House
Tractionpublic signals, read monthly
Web presence
top 0.15%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Dec 2025 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Feb 2019 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Apr 2018 | — | — | find-and-update.company-information.service.gov.uk |
| Venture round | Sep 2017 | — | — | find-and-update.company-information.service.gov.uk |
Registers and programsofficial lists and records that name the company
| Legal entity | BY MILES LTD | Companies House |
| Registered | 19 Mar 2015 |
Backed byfrom the funds' portfolios and accelerator catalogs
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Overview
By Miles is a London insurance company founded in 2016 that sells motor cover charged by the mile. A connected device measures actual driving so low mileage motorists pay a small monthly fee plus usage. The company was acquired by Direct Line Group and its pay per mile model influenced the wider market.
News
Car insurance: Why pay when you are not driving?
New forms of insurance can save motorists money - especially if they live in a city.
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Report
UK's first pay-per-mile car insurance launches Auto Express
By Miles sees drivers pay per-mile rate plus flat annual fee to cover their car, targeting those driving less than 7,000 miles per year
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Report
By Miles - Pay-per-mile car insurance
The Digital Insurer reports the digital action on By Miles which is a UK based startupthat offerspay-per-mile car insurance using a black box and mobile app.
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Report
Pay-per-mile car insurance could save you hundreds annually and is ...
A NEW car insurance start-up will charge motorists to pay for their policy by the amount of miles they travel is launching this year.
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Report
Pay-as-you-go car insurance - perfect for the low-mileage driver?
Do you drive just a few miles a year but still end up paying lots for motor cover? Two start-up firms offering pay-as-you-go policies could be the answer
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Report
Report
Verifying Device
"Britain's first pay-as-you-go car insurance will be offered this year under plans to cut bills for thousands of city dwellers who rarely use their vehicles."
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Report
Verifying Device
"Pay-per-mile cover could help keep low-mileage drivers mobile and stop them paying huge premiums for a car they're not using."
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Report
Verifying Device
"I particularly liked the guys from By Miles, who want to charge for car insurance by the number of miles you drive. I hope they get the backing they deserve."
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Report
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
London
United Kingdom
HQ

CommerzVentures 



