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Marshmallow

Digital-first car and home insurance for migrants and expats.
Marshmallow is a UK-based digital insurance provider that leverages proprietary technology and big data to offer fairer pricing to migrants and expats. Since its founding in 2017, the company has expanded from car insurance into home and van insurance, serving over one million customers.
Insurtech 📍 London, UK Founded 2017
Current Valuation
$2.0B
as of 2025-Q2
UNICORN

QL Price

$2.0B
0% vs last round
QuantLogix's current estimate for Marshmallow, published 2026-10-07 — in line with the last disclosed round of $2.0B (2025-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $2.0B 2025-Q2 weight 0.41
How this price has held up
No round has priced for Marshmallow since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Marshmallow →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Marshmallow, 2026-10-07 (c109b5cd4faa72e0). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Marshmallow going public?
No. Marshmallow is private and has not filed to go public. There is no S-1 on file.
What is Marshmallow's valuation in 2026?
Marshmallow is valued at $2.0B as of 2025-Q2, set by its Series C ($90M, Apr 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Marshmallow filed an S-1?
No public S-1 is on file for Marshmallow.
Who are Marshmallow's investors?
Marshmallow's investors include Portage Ventures, Passion Capital, Investec, Outward VC, Scor, Blossom Capital.
How much has Marshmallow raised?
Marshmallow has raised $251M in total, most recently a Series C of $90M in Apr 2025.
Is Marshmallow publicly traded — can you buy Marshmallow stock?
No. Marshmallow is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Marshmallow on its Pre-IPO Access Desk.
How to actually get exposure to Marshmallow →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Oliver and Alexander Kent-Braham
Founded
2017
HQ
London, UK
Employees
~674
Total Raised
$251M
Est. Revenue
$370M (2024)
Growth
High growth (62% YoY revenue increase)
Last Round
Series C — $90M (Apr 2025) · Lead: Portage Ventures
IPO Status
private

Fundraising Status

Series C · $90M · 1y 6mo ago
privateTotal raised $251M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C$90MApr 2025Portage Ventures—

Talent Signal

Hiring trend
▼ Hiring downtrend
-31% vs 2026-08
Open roles
11
via ashby
Product-build share
18%
engineering, research, product, design
Trajectory
tightening
go-to-market push — Only 18% of open roles build product — hiring is concentrated in sales/marketing/ops (5 of 11 open roles are other).
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month16Aug '2611Sep '26
Open roles by function
Open roles by functionOther5Ops & People3Research2Support1
■ product-building   ■ go-to-market / G&A
Principal Data ScientistStaff Data ScientistSenior CRM Operations Manager Claims Fraud Team LeadTechnical AccountantSenior Data Science Manager, Pricing
Counted from Marshmallow's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Oliver Kent-BrahamAlexander Kent-BrahamDavid Goaté

Investors

Portage Ventures · Passion Capital · Investec · Outward VC · Scor · Blossom Capital

Products

  • Car Insurance
  • Home Insurance
  • Van Insurance
  • Marshmallow Essential
  • Marshmallow Plus
  • Marshmallow Light

Competitors

Admiral · Direct Line · Zego · Hastings Direct · Cuvva
InsurtechFintechMobilityMigrant Services
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q2. Refreshed quarterly.