Pre-IPO Sector News Update

July 1, 2020

Last week, Lemonade planned to raise $286 million during its IPO at a $1.3 billion valuation. 

Oscar Health raised $225 million in a new funding round. 

Tanium raised roughly $100 million at a $9 billion valuation. 

Amazon acquired Zoox for $1.2 billion. 

LEMONADE

"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"

OSCAR

"Oscar’s Health Insurance Platform nabs Another $225 Million"

TANIUM

"Salesforce Invests in Security Software Provider Tanium at $9 Billion Valuation"

ZOOX

"Amazon to Acquire Self-Driving Startup Zoox"

Kirat Lall