Insurance tech firm Slide targets over $2 billion valuation in Nasdaq IPO

Published 09/06/2025, 12:00
© Reuters.

Investing.com -- Insurance technology company Slide is pursuing a valuation of up to $2.12 billion in its upcoming initial public offering (IPO) on the Nasdaq exchange. The company disclosed the target in a filing on Monday.

In collaboration with some of its existing stakeholders, Slide is aiming to raise up to $340 million from the IPO. This move is in line with a recent trend of successful stock market debuts by insurance firms.

Barclays (LON:BARC) and Morgan Stanley (NYSE:MS) have been named as the lead underwriters for the listing. The shares of the company are anticipated to begin trading on the Nasdaq exchange under the ticker symbol "SLDE".

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