SoftBank Group has again waved its magic wand and led a $300 million funding round for a home insurance startup. Lemonade, a New York-based firm has now raised $480 million, in rounds backed by SoftBank, according to Tech Crunch. The Series D funding round was also backed by Josh Kushner’s Thrive Capital, GV, Allianz and General Catalyst. Forbes reported that the valuation of the fintech firm is now over $2 billion. Launched in 2015 by […]
source https://therealdeal.com/2019/04/12/softbank-backed-home-insurance-startup-raises-300m/
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