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MARSHMALLOW
Marshmallow
Insurance (digital car insurance) · London · United Kingdom · Founded · 2017 · ≈ · 508 · employees

Marshmallow — Valuation, Funding & Investors

Private

Marshmallow is a private company building in insurance (digital car insurance), founded in 2017. The latest valuation stands at $2B (post-money). No public ticker exists for the company.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Marshmallow at a glance
Last valuation
$2B
POST-MONEY · JAN 2026
Raised across rounds
$206.2M
4 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

Marshmallow valuation history

2 valuations. The latest, $2B post-money, was set by the Series C in Jan 2026.

$2B
Aug 2021
$1.2B
Unicorn round · post-money
Jan 2026
$2BLATEST
Series C · post-money
+60% vs prior valuation
Latest valuation
$2Bpost-money
Set by the Series C · 1 Jan 2026
×1.6since the $1.2B Unicorn round in Aug 2021
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series C · $90M raised
Funding history

Marshmallow funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Jun 2018
$1.2M
—
Investec Bank, Passion Capital
—
Series A
Nov 2020
$30M
—
—
—
Unicorn round
Aug 2021
$85M
$1.2B
—
—
Series C
Jan 2026
$90M
$2B
Portage
+60.0%
Marshmallow · investors

Investors

PPortageLEADInvestec BankLEADPassion CapitalLEAD
Will Marshmallow IPO?
Founded
2017
Jun 2018
Seed
Jan 2026
Series C · $2B
IPO
Not announced
No filing has been made.
Marshmallow — the private market
Last valuation$2B · post-money · Jan 2026
Total raised$206.2M
Lead investors
PortageInvestec BankPassion Capital
IPO statusNot announced
Founded · HQ2017 · London · United Kingdom
Employees≈ 508
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Marshmallow

Marshmallow is a British insurance company founded in 2017 by twins Alexander and Oliver Kent-Braham, and software engineer David Goate. The company built its business around what press coverage called a billion-dollar car insurance app, and its 2018 seed round was raised to provide car insurance to immigrants and expats.

In 2021 the company attained unicorn status with a $85m round valuing the company at $1.25bn, and in 2023 the company was ranked as the 2nd fastest growing company in Europe by the Financial Times with a CAGR of 660%.

The money screen · ranked by accessibility

How to get Marshmallow exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Marshmallow.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Marshmallow availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Marshmallow included.

No account needed

Marshmallow stock — frequently asked questions

How can I get exposure to Marshmallow?›

The routes section explains what is realistically available for a company at this stage.

Is Marshmallow publicly traded?›

No. Marshmallow is a private company; its shares do not trade on a public exchange.

What is Marshmallow's valuation?›

The last valuation is $2B (post-money, Jan 2026).

Who has invested in Marshmallow?›

Lead investors for each round are in the funding timeline.

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