SoftBank-backed insurance startup Lemonade raises IPO price range

SoftBank-backed insurance startup Lemonade raises IPO price range

Photo: Lemonade's Facebook page

SoftBank Group Corp-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking to raise up to $308 million at a market capitalization of $1.54 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter