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

Marshmallow Valuation: $2B After the Jan 2026 Series C

Private

Marshmallow was last valued at $2B (post-money). It comes from the $90M Series C of Jan 2026. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Marshmallow valuation · at a glance
Last valuation
$2B
POST-MONEY · JAN 2026
Lead investors
3
across 4 rounds
Raised across rounds
$206.2M
4 rounds
Date of last round
Jan 2026
closed 1 Jan 2026
Valuation history

How the Marshmallow valuation has moved

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 rounds

Marshmallow rounds and the valuation each one set

4 rounds
Round
Date
Amount
Valuation
Basis
Series C LATEST
1 Jan 2026
$90M
$2B
POST-MONEY
Unicorn round
11 Aug 2021
$85M
$1.2B
POST-MONEY
Series A
1 Nov 2020
$30M
—
—
Seed
7 Jun 2018
$1.2M
—
—
Lead investors
Leads: Investec Bank, Passion Capital, Portage.
Full funding history — Marshmallow profile ›
What the valuation means

What the $2B actually measures

A private valuation is the price agreed in one transaction. The Marshmallow valuation of $2B is a post-money figure from the Series C dated 1 Jan 2026 — the whole company measured after the $90M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $1.9B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2017 with roughly 508 people has no daily price and no order book between rounds.

Where the $2B comes from
EventSeries C, dated 1 Jan 2026
Basispost-money
Round size$90M
LeadPortage

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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