Marshmallow: Marshmallow, a genuinely unusual tech unicorn, rides the insurtech boom

Marshmallow has become the latest insurtech startup to achieve unicorn status after securing a $85m Series B raise at a $1.25bn valuation. The cash injection comes amid an explosion of insurtech funding during the pandemic. Investors supporting the round included Passion Capital, Investec Bank and Scor. Marshmallow's billion-plus valuation isn't the first for the sector: [...] The post Marshmallow, a genuinely unusual tech unicorn, rides the insurtech boom appeared first on Verdict.