The company plans to raise $100mn.
Lemonade specialises in insurance for renters and homeowners.
It has raised $480mn funding so far.
Lemonade has already had the backing from some big names including Softbank. Not a lot is currently known about Lemonade’s plans from its IPO but when it raised its last round of private funding it mentioned expanding and adding new products.
Eden AI, which works with more than 500 organisations including the Council of Europe and Atos, translates sophisticated AI models into practical tools for businesses...
This decision aligns with the bank’s focus on digital transformation and improving online transaction processes for merchants.
Event showcases Zellis HCM AIR, realtime payroll, and AI-enhanced features
The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms
The insurance sector has been relatively slow to adopt the ...
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The EU’s AI Act is set to introduce new responsibilities for businesses that develop and deploy artificial intelligence (AI) systems. Below, we have outlined some of th...
Written By: Lockton
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The insurance industry is conservative and prudent, and the technology investments from decades gone...
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Emerging Digital Trends in Insurance “The world as we know it today wouldn’t work ver...
As insurance firms adapt to maturing markets and economic turbulence, in the long run, their ability...
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