Lemonade picks up $300 million Series D led by SoftBank Group

Lemonade picks up $300 million Series D led by SoftBank Group

5 years ago
Anonymous $fWzGa1uP8i

https://techcrunch.com/2019/04/11/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 Catalyst, GV, OurCrowd and Thrive Capital.

Lemonade uses an AI-powered bot to digitize the insurance buying experience for renters and home owners. Users simply download the app and answer a few questions before getting a quote, which starts at $5/month but can surely go up based on a number of factors including how much personal property one owns.

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