
Lemonade Stock
insurance company powered by AI and behavioral economics
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About Lemonade Stock
Lemonade is now a public company.
Lemonade is a property and casualty insurance company using a peer-to-peer model and providing insurance through a mobile application. Lemonade aims to provide a transparent insurance model. Customers pay an insurance fee for renters or home insurance, which is pooled among the policyholders. Lemonade pays out claims quickly and any leftover balance (after overhead, reinsurance, and claims payouts) is donated to charities policyholders care about. Lemonade claims on its website that it takes 90 seconds to be insured and 3 minutes to get paid from a claim.
Lemonade was founded in 2015 and is based in New York, New York.
Investors
Allianz
eBrands.vc
Expansion Venture Capital
Via, Turo, Lemonade, Tala, The RealReal, Yieldstreet, Transfix, Enigma Technologies, Booster Fuels, CompStak
General Catalyst Partners
Snap, Jet, Stripe, Anduril Industries, Devoted Health, Lacework, Relativity Space, Oscar Health, Circle, Hopin
GV
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Inventure Partners
OurCrowd
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
SoftBank Capital
Alibaba, SoFi, Ola, Compass, Snapdeal, Plenty, Guardant Health, BuzzFeed, Fitbit, Lemonade
Thrive Capital
Instacart, Stripe, Compass, Airtable, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health
Funding History
July 2015 | $13.0M |
---|---|
March 2016 | $13.6M |
November 2016 | $34.1M |
March 2018 | $120M |
June 2019 | $300M |
Management
Co-Founder & Chief Executive Officer
Daniel Schreiber
Co-Founder & Chief Operating Officer
Shai Wininger
Chief Financial Officer
Tim Bixby
Chief Insurance Officer
John Peters
Press
TechCrunch - Feb, 4 2020
Lemonade is getting into pet insuranceTechCrunch - Jan, 3 2020
Clearcover and Lemonade tout improving margins as they scale fundraising, ARRcomputerworld - Sep, 11 2019
Lemonade is changing the way we insure our homesTechCrunch - Jun, 11 2019
Insurance startup Lemonade expands into EuropeTechCrunch - Nov, 29 2018
Insurance app Lemonade prepares for European expansionTechCrunch - Oct, 8 2018
WeWork taps Lemonade to offer insurance to WeLive membersTechCrunch - Aug, 3 2018
Insurance app Lemonade looks set to drop lawsuit against Germany’s WefoxTechCrunch - Jul, 20 2018
Oscar and Lemonade founders will join us at Disrupt SF to strategize about the future of insurance innovationTechCrunch - Jun, 15 2018
Lemonade files lawsuit against wefox for IP infringementTechCrunch - May, 16 2018
Lemonade wants to rewrite the insurance policy itselfEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase