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October 20, 2020 05:57 pm GMT

Root targets $6B valuation in pending IPO, a boon for insurtech startups

This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO. The former startup follows insurtech leader Lemonade to the public markets during a year in which IPOs have been well-received by investors focused more […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XPP4biamS8E/

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