Lemonade operates as a full-stack insurance company powered by AI and behavioral economics and driven by social good.
Lemonade operates as a full-stack insurance company powered by AI and behavioral economics and driven by social good. It is a licensed insurance carrier, offering homeowners and renters insurance. Lemonade replaces brokers and bureaucracy with bots and machine learning, delivering zero paperwork and instant everything. The company uses artificial intelligence and behavioral economics to set rates for the homes and renters it insures. Lemonade was founded in Tel Aviv, Israel, in 2015 and is headquartered in New York, NY, United States.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Apr 11, 2019 | Series D | $300M | 3 | — | — | Detail |
Dec 19, 2017 | Series C | $120M | 3 | — | — | Detail |
Dec 5, 2016 | Series B | $34M | 2 | General Catalyst | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
OurCrowd | — | Series D |
Allianz | — | Series D |
General Catalyst | — | Series D |
Tusk Venture Partners | — | Series C |