Lemonade
Public

Smart Property Insurance Carrier

Fintech Insurance Insurance Carrier
Artificial Intelligence Machine Learning Natural Language Processing

Business Overview

DESCRIPTION

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
BUSINESS STAGE
Launched
REVENUE STATUS
Revenue Generating
TOTAL FUNDING
$480 Million
SECTORS
Fintech Insurance Insurance Carrier

Funding Rounds

Date Announced

Funding Round

Amount Raised

Investors

April 2019
Series D
$300 M
December 2017
Series C
$120 M
April 2017
Strategic
August 2016
Series A
$13 M
December 2015
Seed
$13 M

AI Technology Stack

AI EMPLOYEES
4
AI TYPES
Artificial Intelligence Machine Learning Natural Language Processing

In The News

FEATURED VIDEO

CONFERENCE PRESENTATION

CONTACT

Exit Event

TRANSACTION
IPO
DATE ANNOUNCED
July 2020
CONSIDERATION
$319 M