Marshmallow

Marshmallow provides fairer vehicle insurance for drivers with non-standard credit histories.

London, UK—Founded 2017

$105MTotal raised

Marshmallow is a digital insurer that uses machine learning to provide fairer coverage for drivers with non-standard histories.

Founders

Oliver Kent-Braham

Co-CEO and Co-Founder

Oliver is co-founder and co-CEO at Marshmallow. His background includes roles in growth at Yoti and founding Reelmoney.

Alexander Kent-Braham

Co-Founder

Alexander is the co-founder and co-CEO of Marshmallow, alongside previous product and analytical experience at Yoti and Quality Capital Management. He also serves as a board member at Global Talent Fund.

David Goaté

Engineer and Co-Founder

Investors

Other15 April 2025
$90.0M
Portage
B
BlackRock
Columbia Lake Partners
Debt26 May 2023
£15.0M
Triple PointLead

Funding history

Other15 April 2025

$90.0M

Marshmallow secures $90m in equity and debt to push into international markets and expand its product suite.

The funding round doubles the insurtech unicorn's valuation to over $2bn with backing from Portage, BlackRock, and Columbia Lake Partners.

Debt26 May 2023

£15.0M

Marshmallow secures £15m credit facility from Triple Point to expand motor insurance offerings

Triple Point Private Credit provided the three-year revolving facility to help the insurtech reach a broader customer base.