Lemonade

AI-driven Insurance Provider

Fintech & Insurtech
Active
Public Tel Aviv-Yafo Founded 2015
Total raised
$800.1M
Last: Series D 2019-04
Stage
Public
Founded
2015
Headcount
1,314
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech

About

Lemonade Insurance Company is a licensed insurance carrier, offering homeowners' and renters' insurance powered by artificial intelligence and behavioral economics. By replacing brokers and bureaucracy with bots and machine learning, Lemonade seeks to eliminatepaperwork and provide instant information. Lemonade is a certified B-Corp, where underwriting profits are donatedto nonprofit organizations.

Funding history · 7 rounds · $800.1M total

2019-04
Series D $300.0M
2017-12
Series C $120.0M
2017-08
Undisclosed $1.1M
2016-12
Series B $34.0M
2016-08
Series A $13.0M
2015-12
Seed $13.0M
2015-07
Undisclosed Undisclosed

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceNatural Language ProcessingMachine Learning
Target customers
ConsumersFinancial & Real EstateTenants & LandlordsRecreational & LifestylePet Owners
Business model
B2C

Highlights

Verified

Tags

unicorn-2018fintech