Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar

India Greater China Rest of Asia World

E-Commerce & Internet Economy Technology Real Estate and Infrastructure Financial Services Social Infrastructure

Partner Content Deals Barometer

SoftBank-backed insurance startup Lemonade raises $319m in US IPO

SoftBank-backed insurance startup Lemonade raises $319m in US IPO

Credit: Flickr/Pictures of Money

02 July, 2020

Insurance startup Lemonade Inc, which is backed by SoftBank Group Corp said it raised $319 million in its U.S. initial public offering.

Printed by Unregistered user on Fri, 26 Apr 2024 15:49:21 GMT

Lemonade Inc SoftBank Group Corp

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

Related Stories

SoftBank-backed insurance startup Lemonade raises IPO price range

It was valued at $2.1 billion last year after it raised $300 million in a round led by SoftBank.

SoftBank-backed Lemonade takes 30% valuation cut, seeks to raise $286m via IPO

Lemonade was valued at $2.1 billion last year after it raised $300 million in a funding round led by SoftBank.

SoftBank-backed insurance startup Lemonade files for US IPO

Lemonade’s IPO comes just weeks after the insurance policy comparison website SelectQuote raised $360 million in its offering and had a strong debut.

Venture Capital

US insurtech startup Lemonade snags $300m in SoftBank-led round

The company will use the funds to expand in the US, launch in Europe and grow its product offering beyond home and rental insurance.