InsurTech Marshmallow becomes unicorn after $85m Series-B funding round
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InsurTech Marshmallow becomes unicorn after $85m Series-B funding round

Luke Harrison
08 September 2021
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Auto-InsurTech Marshmallow, now valued at more than $1.25bn, has raised $85m in a Series B funding round, with backers including Passion Capital, Investec and Scor.

The Insurtech – established in 2017 by identical twins Oliver and Alexander Kent-Braham, along with David Goaté – employs AI to build a more diverse set of customers, “who fall outside the typical ‘good risk’ profile”, and thereby provide...

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