Ohio-based Coterie, a startup working on in the commercial insurance space, has announced today it has raised $8.5 million Series A. The company had previously raised a little over $3 million in early
Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late-stage firms and focused on developing markets, a new report has revealed. According to resea
Lemonade, the homeowners and renters insurance provider that’s raised $480 million, has announced its plans to expand into pet insurance. This marks the startup’s foray into a new insuranc
The venture-backed insurance world is more than the Lemonades and MetroMiles of the world. There’s more room in the industry for startups to shake things up. One such company, Cambridge-based In
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a quick glance at the venture-backed insurance space. On
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re adding four new names to the growing $100 million annual recurr
New real estate technology 2.0 entrants would do well to learn from the mistakes of their 1.0 predecessors as they scale in coming years.
Deutsche Telekom is perhaps best known around the world as the telco behind mobile carrier T-Mobile, but today it’s making an appearance in a lesser-known yet also regular role: trademark troll.
Hedvig, a Swedish startup, is following in the footsteps of Lemonade, building a new generation of insurance platforms that use AI to help evaluate customers and operate on a policy of using surplus f
A second Vision Fund is in the works.
Lemonade, the insurance company that’s raised $480 million, is today expanding into Europe with the launch of Lemonade in Germany. As part of the launch, Lemonade is officially unveiling Policy
Lemonade, the insurance startup founded by Daniel Schreiber and Shai Wininger, has today announced a $300 million Series D financing led by the SoftBank Group, with participation from Allianz, General
Security breaches, where malicious hackers obtain snippets of information that then get used to impersonate individuals in order to gain access to individuals’ and businesses’ sensitive fi
Lemonade this morning revealed plans to expand into the European market. The news marks the first international expansion for the AI-powered insurance app, which launched in New York City in 2016. The
WeWork has partnered with Lemonade to provide renters insurance to WeLive members. WeLive is the residential offering from WeWork, offering members a fully-furnished apartment, complete with amenities
Lemonade, the New York-based insurance platform, looks set to drop the lawsuit it filed against German company ONE Insurance, its parent company Wefox, and Wefox founder Julian Teicke. The complaint,
Insurance premiums total more than a trillion dollars in the U.S., and yet, where that money goes is something of a mystery. It certainly doesn’t seem to get invested in the consumer experience, whe
Trōv, the on-demand personal property insurance service, is launching in the U.S., the company announced today. Trōv’s first port of call in the U.S. will be Arizona. The service is already av
Lemonade, the insurance platform based out of NYC, has filed a lawsuit against German company ONE Insurance, its parent company wefox, and founder Julian Teicke. The complaint, filed in the U.S. Distr
Lemonade has made some big moves in the world of insurance. The company uses AI and bots to sell insurance, and has flipped the business model to ensure that Lemonade is never in conflict with custome