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Overview
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.
About
Financial Services, Artificial Intelligence (AI), InsurTech, Insurance
2015
1001-5000
Headquarters locations
New York, New York, United States, North America
Social
N/A
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Lemonade headquartered in New York, New York, United States, North America, operates in the Financial Services, Artificial Intelligence (AI), InsurTech, Insurance sector. The company focuses on Financial Services and has secured $89.1B in funding across 144 round(s). With a team of 1001-5000 employees, Lemonade is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Lemonade, raised $13.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
9
3
0
$618.5M
Details
6
Lemonade has raised a total of $618.5M in funding over 6 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2015 | Seed | |||
2018 | Early Stage Venture | |||
2016 | Early Stage Venture | 34.0M | ||
2015 | Seed | 13.0M |
Investors
Lemonade is funded by 55 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Generation Ventures | - | FUNDING ROUND - Generation Ventures | 34.0M |
Michael Eisenberg | - | FUNDING ROUND - Michael Eisenberg | 13.0M |
Lemonade | - | FUNDING ROUND - Lemonade | 13.0M |
Aleph | - | FUNDING ROUND - Aleph | 13.0M |
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