Marshmallow has raised $206.2M across 4 funding rounds. The latest round valued Marshmallow at $2B post-money, with Portage on the lead line.
Marshmallow attained unicorn status in 2021 through an $85 million round that valued the company at $1.25 billion. Its earliest backing was a $1.2 million seed round in 2018 to build car insurance for immigrants and expats.
4 funding rounds, the latest highlighted.
Marshmallow was founded in 2017, United Kingdom.
A primary round — the company sells new shares to investors it selects. $1.2M raised, led by Investec Bank, Passion Capital.
A primary round — the company sells new shares to investors it selects. $30M raised.
A primary round — the company sells new shares to investors it selects. $85M raised.
A primary round — the company sells new shares to investors it selects. $90M raised, led by Portage.
No filing has been made.
4 dated rounds, newest first.
Investec BankLEAD
Passion CapitalLEADThe routes section explains what is realistically available for a company at this stage.
No. Marshmallow is a private company; its shares do not trade on a public exchange.
The last valuation is $2B (post-money, Jan 2026).
Lead investors for each round are in the funding timeline.