Lemonade
Public

Smart Property Insurance Carrier

Fintech, Insurance, Insurance Carrier
Artificial Intelligence Machine Learning Natural Language Processing

Business Overview

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 promises zero paperwork and instant everything. And as a Certified B-Corp, where underwriting profits go to nonprofits, Lemonade is remaking insurance as a social good, rather than a necessary evil.

Founded
April 2015
Employees
92
Business model
B2C
Offering type
Software
Funding stage
Series D
Business stage
Launched
Revenue status
Revenue Generating
Total funding
$480 Million
Sectors
Fintech, Insurance, Insurance Carrier

Funding Rounds

Funding Growth Multiple
2.4x

Date Announced

Funding Round

Amount Raised

Investors

April 2017
Strategic

AI Technology Stack

AI employees
4
AI types
Artificial Intelligence, Machine Learning, Natural Language Processing

In The News

Similar Startups

STATUS
Public
FUNDING
$480 M
FUNDING STAGE
Series D

Related Investors

TYPE
Venture Capital
PORTFOLIO
5
TYPE
Venture Capital
PORTFOLIO
15
TYPE
Corporate Venture Capital
PORTFOLIO
20
TYPE
Venture Capital
PORTFOLIO
5

FEATURED VIDEO

CONFERENCE PRESENTATION

CONTACT

Exit Event

TRANSACTION
IPO
DATE ANNOUNCED
July 2020
CONSIDERATION
$319 M

INVESTMENT THESIS

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