Search Results for: Lemonade

Putting a $150 million fizz into Lemonade

Posted on July 9, 2023

US venture capital fund General Catalyst is to finance 80% of the cost of acquiring new customers for Israeli insurtech company Lemonade – approximately $150 million. In return, the US company will receive 16% of the premiums generated from the … Continue reading →

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Lemonade double-bubbles

Posted on July 5, 2020

Israeli insure-tech company Lemonade has just completed a listing on the New York Stock exchange. Its share price at the start of trading was $29. By the end of the day, the share price was over $69 – a 139% … Continue reading →

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Insurance claim paid in two seconds

Posted on July 2, 2023

Israeli digital insurance company Lemonade (see here previously) is claiming a new record after settling a claim in just two seconds to a customer whose bicycle was stolen in the UK. Lemonade’s AI system assessed, checked, and paid the customer … Continue reading →

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Takeovers by Israeli startups: (5/12/21)

Posted on December 5, 2021

Global-e Online is acquiring Flow Commerce for $500 million; Lemonade is acquiring Metromile for $500 million. Traffilog and SafeRide are to merge.

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Israel in New York

Posted on June 28, 2020

Nine Israeli-founded unicorns (valued at over $1 billion) are based in New York State. They are Riskified, Sisense, VAST Data, Via Transportation, Compass, Lemonade, Payoneer, Taboola and The We Company. 500+ Israeli companies in New York generate $30+ billion in … Continue reading →

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10% of disruptive breakthroughs are Israeli

Posted on June 21, 2020

Five of the companies on CNBC’s eighth annual Disruptor 50 list are Israeli. They are Neteera, Lemonade, Healthy.io, Sentinel Labs and K Health. “Disruptive” companies are those whose breakthroughs are influencing business and market competition at an accelerated pace. https://www.calcalistech.com/ctech/articles/0,7340,L-3833995,00.html

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Israeli Unicorns doubled in 2019

Posted on January 12, 2020

Israel has 20 Unicorns, privately-held companies worth more than $1 billion. Only the US, China and the UK have more. The new ones are Riskified, InMode, Monday.com, Vayyar, Fabric, Lemonade, Next Insurance, Lightricks, Hippo, Trax and SentinelOne. (See here). https://en.globes.co.il/en/article-israel-doubles-number-of-unicorns-in-2019-1001312322

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Nine of the best 100 inventions for 2019

Posted on December 1, 2019

Nine Israeli startups are in TIME magazine’s 100 Best Inventions for 2019. They are Or Cam, Theranica, WaterGen, TytoCare, Temi, ECOncrete, Eviation (Alice), Intuition Robotics and Lemonade. All have been reported previously in this newsletter – check www.IsraelActive.com https://www.timesofisrael.com/9-israeli-inventions-find-place-in-time-magazines-100-best-inventions-for-2019/

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Insurance with a heart

Posted on May 21, 2018

Israeli-founded, US-licensed insurance company Lemonade relies on automation and Artificial Intelligence (AI) to keep costs down. It processes new business and claims in minutes and at the end of the year any surplus funds set aside for claims that is … Continue reading →

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9 Israeli companies in KPMG fintech top 100

Posted on November 20, 2016

Nine Israeli companies were among KPMG’s 100 most promising fintech companies for 2016.  They are Payoneer, Ourcrowd, Tipranks, Lemonade, Innovative Assessments, Paykey, Zooz, Blackswan and DMway http://www.globes.co.il/en/article-9-israeli-fintech-cos-make-kpmg-top-100-1001157610

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