Lemonade valued at $1.6bn ahead of IPO

lemonade

But this still leaves Lemonade with a valuation lower than the $2bn investors valued the company at last year

Lemonade has been valued at $1.6bn ahead of its floatation on the New York Stock Exchange.

The insurtech revealed that it had sold 11 million shares priced at $29 each, taking it above the top of its expected price range… Read more.

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