Share the Lemonade

Lemonade announced it has raised $34 million in a Series B round led by General Catalyst, bringing its total funding to date to $60 million. According to a report titled “Report on Organization of Lemonade Insurance Company as of September 2, 2016”, Shai Wininger and Daniel Schreiber had 45.52% stake in Lemonade. That was back when the startup only raised $26 million, aka some ~43% of its total funding to date . That was then, ?% is now.

Moving on. Lemonade will be heading to California sometime in the future, where it will be greeted by new renters insurance entrant Hippo.