. home.aspx

NEWS

home.aspx
   


Insurer Lemonade Seeks to Raise $286 Million in IPO

June 25, 2020 / Lemonade
SHARESHARESHARE

Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO), as the IPO market gains momentum after COVID-19 put many debuts on hold.
Lemonade’s public listing comes amid a strong appetite for new stock offerings, especially those with an online-focused business against the backdrop of the pandemic.