Tech-driven insurance startup Lemonade Inc said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO). The company intends to sell 11 million shares in the IPO, and has set a target range of $23-$26 apiece, according to a regulatory filing here The higher end of the… Continue reading Insurance Startup Lemonade Plans to Raise $286M in IPO
Tag: Lemonade IPO
Lemonade Files to Go Public
Lemonade, an insurance company backed by SoftBank, filed documents on Monday for an initial public offering. The buzzy startup, which has garnered valuations north of $2 billion, is one of a slew of “insurtech” startups hoping to revolutionize insurance policies by using artificial intelligence and big data to analyze risk better than traditional players in… Continue reading Lemonade Files to Go Public