The rumours were true Marshmallow which is the UK’s latest tech unicorn, valued at over $1.25bn! has raised $85m in their Series B round, taking the total amount they’ve raised in the last 12 months to over $100m.
From the start, their aim was to shake up the outdated insurance industry. And they’ve done just that. Using technology, data and AI, they’ve built innovative products that make insurance cheaper, faster and fairer for everyone. Especially underserved communities.
But with this additional funding, Marshmallow has a chance to take on even bigger industry challenges. they are going to reinvent what insurance means altogether.
Instead of just revolutionising how people buy cover or make a claim, they want to build products that support people in their hour of need and make them safer in the first place.
They want to create technology that predicts, reduces, and one day eliminates the damage surrounding personal disaster.
Does this sound like a mission you want to be part of? Check out opportunities at Marshmallow here.