Company Name: Lemonade
Location: San Francisco, California
Current Status: Operating
Founded: 2015
Company Size: 501-1,000 employees
Description: Lemonade is an insurance company that uses AI and behavioral economics to offer renters, homeowners, and pet insurance. The company’s products are designed to be easy to understand, affordable, and accessible. Lemonade has been praised for its innovative approach to insurance and has been featured in numerous publications, including The New York Times, The Wall Street Journal, and Forbes.
Products and Services (Short Description):
- Renters insurance
- Homeowners insurance
- Pet insurance
Startup Category: Fintech
Founders:
- Daniel Schreiber: CEO and co-founder of Lemonade. He is a serial entrepreneur with a background in behavioral economics.
- Shai Wininger: Co-founder and CTO of Lemonade. He is a data scientist with a background in machine learning.
Funding Amount: $1.3 billion
Number of Rounds: 7
Round Stage: Series E
Investors: SoftBank, Sequoia Capital, Allianz, Assurant, General Catalyst, Thrive Capital, GV, Aleph VC, Hudson Bay Capital, Google Ventures
Website: https://www.lemonade.com