Digital insurance platform Metromile today announced that Ryan Graves, Uber’s former senior VP of global operations, intends to make a $50 million investment in the company personally and through his investment firm, Saltwater. Graves’ investment includes secondary purchases and participation in the previously announced PIPE transaction that will close alongside Metromile’s pending merger with INSU Acquisition. Graves will join Metromile’s board of directors following the close of the business combination. Read more.
Uber Veteran Ryan Graves to Invest $50 Million in Metromile/INSU Merger
