Softbank-backed Lemonade wants to raise up to $286 million in an IPO — valuing the 'insurtech' firm at about 25% less than its latest funding round (LMND)

Softbank-backed Lemonade wants to raise up to $286 million in an IPO — valuing the 'insurtech' firm at about 25% less than its latest funding round (LMND)

Business Insider

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· Lemonade, which filed to go public earlier in June, announced on Thursday a price range of $23 to $26 for its public offering.
· The updated regulatory filing could mean a significant valuation hit for the insurtech firm. 
· Japan's SoftBank holds a significant stake in the money-losing company, and is hoping to rebound...

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