Lemonade raises $300m in latest funding round

Lemonade

US-based insurtech Lemonade has raised $300m (£229m) in a Series D round, bringing its total funding to date to $480m.

The round was led by previous investor, Softbank, with participation from Allianz, General Catalysts, GV, Ourcrowd and Thrive Capital.

It is expected to use the capital to target expansion in the US

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