Tech Company Financing Transactions
Lemonade Funding Round
XL Innovate participated in a funding round for Lemonade. This venture round was announced on 8/24/2016.
Transaction Overview
Company Name
Announced On
8/24/2016
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
XL Innovate (Tom Hutton)
Proceeds Purpose
Proceeds purposes were not disclosed.
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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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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