Published: Thu 2 Jul 2020

Lemonade fizzes as IPO prices at $29 a share

Lemonade has priced its initial public offering at $29 a share, above the range provided in its latest filing, with the insurtech set to raise $319mn before an underwriters option to buy a further $47.9mn-worth of shares.

InsurTech and innovation

Capital raising

Lemonade

Published: Thu 2 Jul 2020

Sedgwick closes $1bn investment from Altas at $13.2bn enterprise value

Insurtech 9M VC funding down 7% YoY to $3.2bn: Mapfre

Lemonade fizzes as IPO prices at $29 a share

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles:

Sedgwick closes $1bn investment from Altas at $13.2bn enterprise value

Insurtech 9M VC funding down 7% YoY to $3.2bn: Mapfre

Hilb secures $2bn debt refinancing to support M&A

Delos confirms $9mn Series A led by HSBC Asset Management

Joyn working on fundraise for Jan reboot after SiriusPoint capacity relationship ends

Tidal Cyber gets USAA and Capital One Ventures investments

Read more:

NI Holdings promotes Daggett to CEO months after Alexander's termination

Bankruptcy judge throws out insurers’ suit against Zachry over $1.3bn gas explosion damages

Sub-Saharan Africa drives growth in global conflict-affected areas

Tradesman CUO Sanchez exits for construction role with RPS

Platinum Specialty closes in on deal to buy Flood-led management liability MGA Atri

Capital Z pays $240mn for minority stake in top-25 US broker Leavitt