Founded in 2015, the New York based startup claims to coque iphone 5 coque samsung galaxy a8 panda marilyn monroe be “a purpose built, technology first, vertically coque coque a rabat samsung a8 iphone 4s m pokora integrated and legacy free insurance carrier” as coque iphone 7 monet well as the first peer to peer insurance company in the world.
Lemonade offers property and casualty insurance policies for homeowners and renters in eight states and is licensed in 25 states in coque huawei y6 2018 transparente all. The company bypasses coque bois samsung a8 2018 traditional coque iphone se ultra slim insurance brokers and relies on bots and machine learning to reduce paperwork and process claims faster. Lemonade says it takes a flat fee and donates a portion of unclaimed premiums to nonprofits as part of its annual “Giveback.”
Lemonade, which previously raised coque iphone 6 kalash $60 million in equity funding, counts several high coque iphone 6 vakoo profile firms coque iphone 4s pour femme as existing investors, including Google Ventures, Sequoia Capital, and Joshua Kushner’s Thrive Capital. With this investment, the SoftBank Group’s David Thevenon will join Lemonade’s coque iphone 5strackid=sp-006 board.
“SoftBank is an ideal partner for us and we are thrilled to have them on board,” said Shai Wininger, president and co founder of Lemonade. “We share SoftBank’s conviction that big data and machine learning are set to profoundly remake our entire industry, and SoftBank has the vision and means coque friends samsung a8 to enable this common vision coque huawei p9 lite kawaii to become a reality.”
Softbank has poured billions into startups as part of its aggressive investment strategy that aims to back startups using tech to disrupt industries. Earlier this month, Softbank invested coque samsung a8 eau $450 a8 2018 samsung coque disney million in Compass, a coque iphone 6s avec logo New York based real estate technology company.
In October, alongside Chinese giant Tencent, SoftBank was involved in coque iphone 7 jet black a $1.1 billion investment coque iphone 7 plus romantique round of Indian ride hailing company Ola. Similarly, SoftBank led a $2.5 billion Series G enlever une coque iphone 6 funding round in July of Grab, Uber’s biggest Southeast Asian rival.
Meanwhile, SoftBank said last month that coque iphone 6s adidas fille it would increase its stake in Sprint, after merger talks with T Mobile ended unsuccessfully.
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