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Lemonade was founded by Daniel Schreiber (former president of Powermat Technologies) and Shai Wininger (co-founder of Fiverr) in April 2015. [7] [8] Schreiber and Wininger were tech entrepreneurs with no insurance background. [4] In December 2015, the company secured $13 million in seed money from Sequoia Capital and Aleph. [7] [9]
On 8 November 2021, Lemonade, Inc. announced that it would fully acquire Metromile in an all-stock transaction which implies a fully diluted equity value of approximately $500 million, or around $200 million net of cash. [23] The acquisition completed on 28 July 2022. Following the acquisition, Lemonade laid off 20% of Metromile's staff. [24]
A person sitting at a laptop drinks lemonade while using a phone. Image source: Getty Images. With analysts' price targets broadly ranging from $11 to $40, it is still a divisive investment.
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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 ...
How important is it for your company to have a support phone number in case you have questions? ... Lemonade. Lemonade features a user-friendly digital auto insurance experience. It’s also an ...
Limonaad Traditsiooniline – One of the oldest surviving soft drinks in Estonia. The recipe was composed in 1936 by Georgian Mitrofan Lagidze, and the lemonade has been produced by A. Le Coq since 1946. Lumivalgeke – Lemon and lime-flavoured soft drink produced by Tallinn Soft Drinks LTD Co. Mõmmi Limonaad – (Bear Cub's Lemonade)
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