Search Results for: lemonade

Insurtech Lemonade Raises $175 Million, Looks for $125 Million More

Lemonade, a fast-growing Insurtech focusing on homeowners and renters insurance, has raised $175 million according to a Form D filed with the Securities and Exchange Commission (SEC). The document indicates that Lemonade is seeking up to $300 million in equity capital. As it stands today,… Read More

Insurtech Lemonade Expands into Germany in Advance of IPO

Lemonade has crossed the Atlantic and invaded Europe. The Insurtech announced the news in a blog post and email to followers reporting that Lemonade’s insurance services will now be available in Germany. The move was originally forecasted in 2018 when Lemonade announced its intent to… Read More

Report: Insurtech Lemonade Queues Up Initial Public Offering at $2 Billion Valuation

Insurtech Lemonade is going public. This is according to multiple reports indicating the early stage insurance company is going public at an approximate $2 billion valuation. Lemonade last raised capital in April with a $300 million round led by Softbank. Lemonade may seek up to… Read More

SoFi Forms New Partnerships With Lemonade & Root to Expand Portfolio Of Offerings to Include Homeowners/Renters Insurance

Online lending platform SoFi announced on Monday it has formed two partnerships with insurtechs Lemonade and Root to expand its portfolio of offerings to its members to include homeowners and renters insurance. SoFi reported that the partnerships round out its insurance offerings, giving members access… Read More

Insurtech Lemonade Raises $300 Million in Round Led by SoftBank

Insurtech Lemonade has raised more money. The company revealed today that it has raised $300 million in a round led by SoftBank. The round included the participation of several well-known investors including leading crowdfunding platform OurCrowd, a company that has long held Lemonade in its… Read More

Insurtech Lemonade Posts “Open Source Insurance Policy,” Seeks Feedback on Github

Lemonade, an emerging Insurtech firm that is attempting to address the pain points of traditional insurance by applying technology and user friendly practices, has published an “Open Source” insurance policy – most certainly a world’s first. The Policy is posted on Github and is open… Read More

P2P Employment Marketplace bitJob Announces New Partnership With Insurtech Lemonade

bitJob, a blockchain-based peer-to-peer employment marketplace for students, is announcing today its collaboration with insurtech startup, Lemonade, The duo reported that the insurance API that Lemonade has developed will be integrated into the bitJob marketplace, and will allow students that are already homeowners to receive customized rates for… Read More

Is Amazon Getting into Insurance? Insurtech Firm Lemonade says Amazon is Poaching their Employees

Is Amazon getting into insurance? This is a rhetorical question with a definitive yes. The only outstanding question is when. In a recent Facebook post, prominent Insurtech firm Lemonade complained about Amazon poaching their employees. Shai Wininger, Lemonade co-founder and “Chief Lemonade Maker,” said he… Read More

Insurtech Lemonade Raises $120 Million in Round led by SoftBank

Prominent Insurtech firm Lemonade is having a pleasant Holiday season following the announcement they have raised $120 million to fuel platform growth. The funding round was led by SoftBank, a group that has been highly active in the Fintech sector. Valuation was rumored to be… Read More

Lemonade Takes a Stand on Guns: “600​ ​Casualties​ ​from​ ​One​ ​of​ ​the​ ​Deadliest​ ​Mass​ ​Shootings​ ​in​ ​US​ ​History​ ​Made​ ​Us Rethink​ ​Our​ ​Coverage”

“We simply don’t understand why civilians need military-grade weapons, and we prefer not to insure them.” Discussing guns has become a polarizing topic, which is why most companies avoid gun discussion. Period. But Lemonade, the insurance tech company powered by artificial intelligence and behavioral economics, was founded… Read More

Lemonade CEO & Cofounder Daniel Schreiber Squeezes in Some Time for a Few Questions

In celebration of its first anniversary, Insurtech platform Lemonade launched a freshly squeezed product, Zero Deductible. Zero Deductible offers new and existing Lemonade members a ‘zero deductible’ upgrade, so that customers may make up to two claims each year with neither deductible payments nor rate hikes. Powered by AI… Read More

Making Lemonade Even Sweeter: Zero Deductible Launched on First Anniversary

Lemonade, the insurance company powered by artificial intelligence and behavioral economics, has launched a new product called Zero Deductible which offers new and existing Lemonade members a ‘zero deductible’ upgrade, so they can make up to two claims each year with no deductible payments, and no rate hikes. The launch… Read More

Throwing Down the Gauntlet: Insurtech ONE Says it Will Outgrow Lemonade from the Start

ONE, the German Insurtech company, has thrown down the gauntlet claiming they will outgrow US based Lemonade in service growth.  Lemonade is one of the highest profile Insurtech platforms that is doggedly rolling out across the US. Starting first with homeowners / renters insurance, Lemonade… Read More

Lemonade Now Available in the Garden State as New Jersey Residents May Get Homeowner Insurance from Insurtech Firm

Insurtech company Lemonade is now available for residents of New Jersey. Homeowners and renters may purchase insurance in seconds at Lemonade.com, or through the Lemonade app. New Jersey is the fourth state in Lemonade’s nationwide roll out.  The Garden State joins New York, California, and… Read More

Insurtech Firm Lemonade Reports it Has Donated 10% of Revenue with its Giveback Plan

  Lemonade has announced the results of the company’s annual Giveback program, where a portion of the underwriting profits go to nonprofits. The Insurtech firm shares that the program has funded 14 charities chosen by Lemonade policyholders. Lemonade Insurance Company is a licensed insurance carrier offering… Read More

Lemonade Publishes Survey Results that Indicate their Platform Tops Legacy Insurers Among First Time Buyers

Lemonade, an insurance company powered by artificial intelligence, has published survey results indicating it has overtaken Allstate, GEICO, Farmers, Liberty Mutual, Progressive, State Farm, USAA and all other legacy insurers amongst first-time buyers of renters insurance in New York state.  According to Lemonade, the first… Read More

Lemonade Updates on Platform Growth. Adds 14,300 Customers in 8 Months

Insurtech platform Lemonade has posted an update on platform growth. According to their information, they now have over 14,315 customers after 8 months of offering home-owners insurance. Lemonade is in the process of rolling out to much of the US (they must receive approval in… Read More

Insurtech Startup Lemonade Now Available in California

Lemonade, a new spin on providing insurance, has announced it has received regulatory approval in California and is now available for homeowners to purchase insurance online. The Insurtech firm is now operating in three states including New York and Illinois. Lemonade said that launching in… Read More

Lemonade Adds Illinois to List of States Where it Provides Insurance

Insurtech firm Lemonade has moved into the midwest by adding Illinois to the list of the states where it may offer insurance. Adding Illinois comes six months after launching in New York state by receiving regulatory approval to offer insurance. Lemonade is an insurance company… Read More

Zopa, Funding Circle UK, Lemonade Among Winners of the 2017 LendIt Awards

LendIt, the global lending and fintech conference series, held its first annual awards on Tuesday in New York City. As previously reported, The organization stated out of hundreds of applicants worldwide; the selected finalists were placed in 18 categories, which notably celebrate fintech market leaders, emerging… Read More

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