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FTAC Athena and Betsy Cohen Taking Pico Public + SPACs Stuck Below NAV

FTAC Athena and Betsy Cohen Taking Pico Public + SPACs Stuck Below NAV
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Insurance Marketplace Policygenius in Talks to Go Public Via SPAC

Insurance Marketplace Policygenius in Talks to Go Public Via SPAC Policygenius Inc., an online insurance marketplace, is in talks to go public through a merger with the blank-check company PWP Forward Acquisition Corp. I, according to people with knowledge of the matter. A valuation for the transaction hasn’t yet been finalized, one of the people said, and it’s possible talks could fall apart. Policygenius representatives didn’t immediately respond to a request for comment, and a spokeswoman for PWP declined to comment. New York-based Policygenius, which was co-founded in 2014 by Jennifer Fitzgerald and Francois de Lame, has said it’s raised funding from investors including KKR & Co., Norwest Venture Partners, Revolution Ventures, Susa Ventures, AXA Venture Partners, MassMutual Ventures and Transamerica Ventures.

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