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 | SoftBank, GV, Allianz X, OurCrowd, Thrive Capital, General Catalyst | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftBank, GV, Allianz X, OurCrowd, Thrive Capital, General Catalyst
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03/20/2018 | Series C | $120.14MM | $xx.xx | $570MM | SoftBank, General Catalyst Partners, Sequoia Capital Partners, GV, Allianz X, Tusk Ventures, Aleph, Sound Ventures, Thrive Capital, Annox Capital, XL Innovate, Hanaco Venture Capital | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
SoftBank, General Catalyst Partners, Sequoia Capital Partners, GV, Allianz X, Tusk Ventures, Aleph, Sound Ventures, Thrive Capital, Annox Capital, XL Innovate, Hanaco Venture Capital
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12/02/2016 | Series B | $33.1MM | $xx.xx | $208MM | General Catalyst, XL Innovate, GV, Visionary Private Equity Group, Thrive Capital, Sound Ventures, Sequoia Capital Israel, Aleph, Tusk Ventures | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
General Catalyst, XL Innovate, GV, Visionary Private Equity Group, Thrive Capital, Sound Ventures, Sequoia Capital Israel, Aleph, Tusk Ventures
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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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
XL Innovate
|
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12/08/2015 | Series Seed | $13MM | $xx.xx | $33MM | Sequoia Capital Israel, Expansion Venture Capital, Aleph | |
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
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sequoia Capital Israel, Expansion Venture Capital, Aleph
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