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Online insurance marketplace EverQuote files for a $75 million IPO


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EverQuote, which operates an online auto insurance marketplace, filed on Friday with the SEC to raise up to $75 million in an initial public offering.

The Cambridge, MA-based company was founded in 2008 and booked $135 million in sales for the 12 months ended March 31, 2018. It plans to list on the NYSE under the symbol EVER. EverQuote filed confidentially on March 30, 2018. J.P. Morgan and BofA Merrill Lynch are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Online insurance marketplace EverQuote files for a $75 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: News Headlines , IPOs



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