Lemonade Receives Strategic Investment from Allianz

Lemonade, a NYC-based artificial intelligence and behavioral economics powered insurance company, received a strategic investment from Allianz.

The amount of the deal was not disclosed.

The investment aims to accelerate Lemonade’s expansion throughout the US and beyond.

Led by Daniel Schreiber, co-founder and CEO, Lemonade is a licensed insurance carrier, offering homeowners and renters insurance powered by artificial intelligence and behavioral economics.
The Certified B-Corp. is backed by Aleph, General Catalyst, Google Ventures, GV, Sequoia, Thrive Capital, Tusk Ventures, and XL Innovate.

FinSMEs

24/04/2017

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