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Lemonade Files to Join NYSE, Raise $100M Through Stock Offering

Fintech insurance startup Lemonade has filed for an initial public offering with the New York Stock Exchange in an effort to raise approximately $100 million. So reports Fast Company.

money 3488345 640 smallLemonade, which caters to homeowners and renters, “has positioned itself as a disruptor in the fintech and insurance market for its combined use of AI and behavioral science,” according to the article. The company’s estimated valuation is $2.1 billion.

Read the full article from Fast Company

 

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