lemonade.comFinTech / InsuranceFounded: 2015Funding to Date: $354.84MM
Lemonade Insurance Company is a licensed insurance carrier, offering homeowners and renters insurance powered by artificial intelligence and behavioral economics. By replacing brokers and bureaucracy with bots and machine learning, Lemonade promises zero paperwork and instant everything. And as a Certified B-Corp, where underwriting profits go to nonprofits, Lemonade is remaking insurance as a social good, rather than a necessary evil.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/09/2019 | Series D | $175MM | $xx.xx | $2.1B | Allianz X, General Catalyst, Gv, Ourcrowd, Softbank, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,146,292
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allianz X, General Catalyst, Gv, Ourcrowd, Softbank, Thrive Capital
|
||||||
03/20/2018 | Series C | $120.14MM | $xx.xx | $570MM | Aleph, Allianz X, Annox Capital, General Catalyst Partners, Gv, Hanaco Venture Capital, Sequoia Capital Partners, Softbank, Sound Ventures, Thrive Capital, Tusk Ventures, Xl Innovate | |
Price per Share
$xx.xx
Shares Outstanding
8,703,846
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aleph, Allianz X, Annox Capital, General Catalyst Partners, Gv, Hanaco Venture Capital, Sequoia Capital Partners, Softbank, Sound Ventures, Thrive Capital, Tusk Ventures, Xl Innovate
|
||||||
12/02/2016 | Series B | $33.1MM | $xx.xx | $208MM | Aleph, General Catalyst, Gv, Sequoia Capital Israel, Sound Ventures, Thrive Capital, Tusk Ventures, Visionary Private Equity Group, Xl Innovate | |
Price per Share
$xx.xx
Shares Outstanding
4,379,117
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aleph, General Catalyst, Gv, Sequoia Capital Israel, Sound Ventures, Thrive Capital, Tusk Ventures, Visionary Private Equity Group, Xl Innovate
|
||||||
08/23/2016 | Series A | $13.6MM | $xx.xx | $90MM | Xl Innovate | |
Price per Share
$xx.xx
Shares Outstanding
3,328,774
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Xl Innovate
|
||||||
12/08/2015 | Series Seed | $13MM | $xx.xx | $33MM | Aleph, Expansion Venture Capital, Sequoia Capital Israel | |
Price per Share
$xx.xx
Shares Outstanding
7,905,140
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aleph, Expansion Venture Capital, Sequoia Capital Israel
|