https://techcrunch.com/2020/06/08/softbank-backed-lemonade-files-to-go-public/

Lemonade, a heavily-backed startup that sells renters and homeowners insurance to consumers, filed to go public today. The company (backed by SoftBank, part of the Sequoia empire, General Catalyst and Tusk Venture Partners, among others) releasing its financial results helps shed light on the burgeoning insurtech market, which has attracted an ocean of capital in recent quarters.

TechCrunch covered a part of the insurtech world earlier this year, asking why insurance marketplaces were picking up so much investment, so quickly. Lemonade is different from insurance marketplaces in that it’s a full-service insurance provider.