Insurtech Lemonade Files For IPO; Seeks To Raise $100 Million (~€88.5M)

Insurtech Lemonade Files For IPO; Seeks To Raise $100 Million (~€88.5M)

Insurtech Lemonade Files For IPO; Seeks To Raise $100 Million (~€88.5M)

Insurance Fintech Lemonade has filed with the SEC for an IPO, seeking to raise 100 Million USD. The provider aims to trade under the ticker LMND. Lemonade is a succesful insurance provider that works by leveraging on data, AI and technology to bring down the cost of insurance and makes it easier to access. For instance – those looking for a homeowner’s insurance need only to have a short chat with dedicated bot “Maya”.

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