lemonade

Coterie raises $8.5M to build ‘commercial insurance as a service’

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

Fintech startups raised $34B in 2019

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 is getting into pet insurance

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

Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts

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

Clearcover and Lemonade tout improving margins as they scale fundraising, ARR

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

Kicking off 2020 with 4 new members of the $100M ARR club

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

The last decade in real estate, and a peek into the next one

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.      

Lemonade gets a nastygram from Deutsche Telekom over its use of magenta, says it will fight

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.

Sweden’s Hedvig raises $10.4M led by Obvious Ventures to build ‘nice insurance’

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

Microsoft in talks to invest in SoftBank’s second Vision Fund

A second Vision Fund is in the works.

Insurance startup Lemonade expands into Europe

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 picks up $300 million Series D led by SoftBank Group

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

Onfido, which verifies IDs using AI, nabs $50M from SBI, Salesforce, Microsoft and more

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

Insurance app Lemonade prepares for European expansion

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 taps Lemonade to offer insurance to WeLive members

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

Insurance app Lemonade looks set to drop lawsuit against Germany’s Wefox

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,

Oscar and Lemonade founders will join us at Disrupt SF to strategize about the future of insurance innovation

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 launches its on-demand personal property insurance services in the US

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 files lawsuit against wefox for IP infringement

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 wants to rewrite the insurance policy itself

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
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