Tech Company Financing Transactions
Lemonade Funding Round
On 4/12/2019, Lemonade landed $300 million in Series D funding from SoftBank Group, Allianz Digital Corporate Ventures and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
4/12/2019
Transaction Type
Venture Equity
Amount
$300,000,000
Round
Series D
Investors
SoftBank Group (Lead Investor) (Shu Nyatta)
Proceeds Purpose
Lemonade plans to use the funds to accelerate its US and European expansion in 2019, and explore new product lines.
Company Information
Company Status
Publicly-held
Industry
InsureTech
Mailing Address
5 Crosby St. 3rd Floor
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Lemonade Insurance is set to be the first insurance company designed around peer-to-peer technology. Lemonade harnesses the power of behavioral economics and the essence of the sharing economy, delivering to consumers an insurance experience that is instantaneous, un-conflicted and downright delightful.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Schreiber
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