Marshmallow

Marshmallow is a UK-based insurtech company offering app-first car insurance solutions. The company has raised $161 million across multiple equity funding rounds, including its latest Series C round. Marshmallow achieved unicorn status with a valuation of $1 billion as of May 2023. Its funding history reflects strong investor confidence in data-driven underwriting, digital insurance distribution, and customer-centric pricing models for underserved driver segments.