{"id":16048,"date":"2021-09-21T10:49:59","date_gmt":"2021-09-21T10:49:59","guid":{"rendered":"https:\/\/thedailyherald.co.uk\/uncategorized\/uks-marshmallow-raises-85m-on-a-1-25b-valuation-for-its-more-inclusive-big-data-take-on-car-insurance\/"},"modified":"2021-09-21T10:49:59","modified_gmt":"2021-09-21T10:49:59","slug":"uks-marshmallow-raises-85m-on-a-1-25b-valuation-for-its-more-inclusive-big-data-take-on-car-insurance","status":"publish","type":"post","link":"https:\/\/thedailyherald.co.uk\/tech\/uks-marshmallow-raises-85m-on-a-1-25b-valuation-for-its-more-inclusive-big-data-take-on-car-insurance\/","title":{"rendered":"UK\u2019s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance"},"content":{"rendered":"

Marshmallow \u2014 a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates \u2014 is announcing a milestone today in its life as a startup, as well as in the bigger U.K. tech world. The London company \u2014 co-founded by identical twins Oliver and Alexander Kent-Braham and David Goat\u00e9 \u2014 has raised $85 million in a new round of funding. The Series B valuation is significant on two counts: it catapults Marshmallow to a \u201cunicorn\u201d valuation above $1 billion \u2014 specifically, $1.25 billion; and Marshmallow itself becomes one of a very small group of U.K. startups founded by Black people \u2014 Oliver and Alexander \u2014 to reach that figure. (To be clear, Marshmallow describes itself as \u201cthe first UK unicorn… Click below to read the full story from TechCrunch
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Marshmallow \u2014 a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates \u2014 is announcing a milestone…<\/p>\n","protected":false},"author":1795,"featured_media":16049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"yoast_head":"\nUK\u2019s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance - The Daily Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thedailyherald.co.uk\/uncategorized\/uks-marshmallow-raises-85m-on-a-1-25b-valuation-for-its-more-inclusive-big-data-take-on-car-insurance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK\u2019s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance - 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