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Lemonade, Inc. is an American insurance company. The company offers renters' insurance , homeowners' insurance , car insurance , pet insurance , and term life insurance in the United States , as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France .
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Metromile, Inc. is a San Francisco-based technology start-up that offers pay-per-mile car insurance, licenses a digital insurance platform to insurance companies around the world, and provides a digitally native offering featuring smart driving features, automated claims, and vehicle information. In July 2022, Lemonade, Inc. acquired the company.
Lemonade has soared more than 70% since it reported well-received Q3 financial results on Oct. 30 (as of Nov. 14). The artificial intelligence (AI)-powered insurance business is aiming to disrupt ...
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The online insurance provider went public at $29, skyrocketed to a record high of $183.26 during the growth- and meme-stock rally in January 2021, but now trades at about $28. ... Lemonade more ...
The funding was used, in part, to open a customer service and insurance operations center in Austin, Texas. [10] A $70 million funding round was announced in November 2018, and in March 2019, with Hippo insurance available to more than 50% of the homeowners in the United States, the company reported a 25 percent month-over-month sales growth ...
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