Personal Lines Insurtech Root Files IPO Proposal with SEC October 6, 2020 By Andrew G. Simpson Root, Inc., the parent company of Root Insurance Co., has filed a registration statement with the Securities and Exchange Commission...
Next Funding Round for Next Insurance May Double Insurtech’s Valuation to $2.25 Billion September 20, 2020 By Gillian Tan and Katie Roof Next Insurance is in talks to raise new capital in a round that values the insurance technology startup at about...
Lemonade Cites Progress Despite Loss in Its First Public Earnings Report August 21, 2020 By Mark Hollmer Lemonade, an insurtech selling home, renters and now pet insurance, lost money in its 2020 second quarter, according to its...
Home Insurance Insurtech Hippo Raises $150M as It Readies for IPO in 2021 July 21, 2020 By Katie Roof and Katherine Chiglinsky Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a...
Update: Online Insurer Lemonade Raises $319M During U.S. Stock Market Debut July 2, 2020 By Crystal Tse Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319...
Insurance Startup Lemonade Increases Target Price Range for IPO July 1, 2020 SoftBank Group Corp.-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking...
Insurer Lemonade Seeks to Raise $286 Million in IPO June 25, 2020 Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up...