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

Photo: Lemonade’s Facebook page

Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan’s SoftBank Group Corp, the company said on Thursday.

Other investors included insurer Allianz SE, Alphabet Inc’s venture capital arm GV, General Catalyst, OurCrowd and Thrive Capital.

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