Lemonade
The company provides digital insurance products including renters, homeowners, car, pet, and term life coverage. It utilizes artificial intelligence to automate policy underwriting and claims processing, aiming for rapid payouts. As a certified B-Corp, the business model incorporates a social impact component where a portion of unclaimed premiums is donated to non-profit organizations chosen by customers.
Fintech
Insurtech
Funding summary
- Total raised
- €267.0M
- Funding rounds
- 1
- Exit
- ipo
- Exit value
- €0
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