Lemonade
New York
About Lemonade
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.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 1,001 – 5,000
- Estimated revenue: $500K – $1M
- Total funding: $618.5M
- Funding stage: IPO
- Last round: Post-IPO Equity (Jun 2023)
- Ticker: nyse:LMND
- Website: lemonade.com
- Phone: [email protected]
Industries & Categories
Artificial Intelligence (AI), Financial Services, Insurance, InsurTech
Social Profiles
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