Tagged: lemonade

November 11, 2020 @ 10:07 am By JD Alois  |  

Lemonade (NYSE:LMND), a fast-growing Insurtech firm, released Q3 earnings this week reporting top-line revenue of $17.8 million and a net loss of $30.9 million. Shares traded down following the news. Lemonade completed an initial public offering (IPO) earlier this year raising gross proceeds of $319 million… Read More

July 30, 2020 @ 10:30 am By JD Alois  |  

OurCrowd is one of the largest investment crowdfunding platforms in the world. Based in Israel but investing globally, OurCrowd reports over $1.5 billion in committed capital and a growing number of institutional investors. Since platform launch, OurCrowd has had over 35 exits including high profile… Read More

July 21, 2020 @ 2:13 pm By Samantha Hurst  |  

Nexsys Technologies, a U.S.-based fintech company that provides a suite of essential tech solutions for mortgage origination and closing, announced on Tuesday it has formed a partnership with insurtech Lemonade to simplify the homeowners’ insurance verification process by using Nexsys’ Clear HOI. Nexsys reported that… Read More

July 13, 2020 @ 4:09 pm By Omar Faridi  |  

Meltem Demirors, the Chief Strategy Officer of CoinShares, an investment company that manages $750 million in assets, and serves as a partner to investors and entrepreneurs focused on the digital asset ecosystem, recently questioned why Insurtech Lemonade (NYSE:LMND) is valued at around $4 billion on… Read More

July 7, 2020 @ 10:00 pm By JD Alois  |  

Last week, well-known Insurtech Lemonade (NYSE:LMND) launched an initial public offering (IPO) on the New York Stock Exchange. Shares listed at $29 but quickly moved higher closing over $60/share – a significant move. Today, Lemonade traded at around $80 a share giving the young firm… Read More

July 2, 2020 @ 12:33 pm By JD Alois  |  

Lemonade (NYSE:LMND), a fast-growing Insurtech firm, completed its initial public offering (IPO) today on the New York Stock Exchange (NYSE). Earlier today it was reported that at the last minute Lemonade bumped up its planned offering price to $29 a share. Apparently, that was not… Read More

July 2, 2020 @ 8:52 am By JD Alois  |  

Lemonade, a high profile Insurtech, is scheduled to trade on the NYSE today under the ticker symbol “LMND.” At the last minute, the company bumped up the per-share price to $29/share. Just yesterday, Lemonade indicated in an updated S-1 filing that shares would trade in… Read More

July 1, 2020 @ 9:34 am By JD Alois  |  

Lemonade, a fast-growing Insurtech firm, has upped its initial public offering (IPO) share price range according to an updated S-1 filing. Shares are expected to trade on the New York Stock Exchange (NYSE) on Thursday under the ticker symbol “LMND.” It was last reported that… Read More

June 25, 2020 @ 5:12 pm By JD Alois  |  

Today Lemonade, a top Insurtech, filed a Form S-1/A with the Securities and Exchange Commission (SEC). As was recently reported, Lemonade was planning to IPO on the New York Stock Exchange (NYSE) under ticker “LMND.” The updated filing included the expected price per share range… Read More

June 8, 2020 @ 1:10 pm By JD Alois  |  

Lemonade, one of the most prominent Insurtechs in the US, has filed an S-1 for an initial public offering (IPO) on the New York Stock Exchange (NYSE). Co-founded by CEO Daniel Schreiber and Shai Wininger, Lemonade seeks to disrupt the traditional insurance market with consumer-friendly… Read More

July 9, 2019 @ 8:20 am By JD Alois  |  

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

June 11, 2019 @ 9:08 am By JD Alois  |  

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

June 8, 2019 @ 4:54 pm By JD Alois  |  

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

April 17, 2019 @ 2:45 pm By Samantha Hurst  |  

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

April 11, 2019 @ 12:58 pm By JD Alois  |  

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

May 29, 2018 @ 11:58 pm By JD Alois  |  

Insurtech is seeking to upend and address the shortcomings of a sector of finance that many love to hate. Insurance is a unique product you pay for that you hope you never have to use. And too frequently, when you do need to use an… Read More

May 16, 2018 @ 9:07 am By JD Alois  |  

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

April 9, 2018 @ 11:53 am By Samantha Hurst  |  

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

January 18, 2018 @ 9:56 am By JD Alois  |  

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

January 17, 2018 @ 1:30 am By Timothy Li  |  

Last year, I boldly predicted 10 Fintech movements that will take place as Earth makes another perfect rotation around our Sun. It’s always fun to look back and see how wrong I was, so let’s stump the chump! Here are my original predictions. Let’s score… Read More