Lemonade Now Available in State Number 4

Recall: The NYC-based renters and homeowners’ insurer is a certified B-Corp that leverages mobile, video, and behavioral analytics to target millennials. It has raised $60M since inception from ~9 investors including XL Innovate and Allianz. It collects a 20% flat fee from premiums. And it insures at least 14,315 homes as of June 1, 2017.

Source: a gify email sent by Team Lemonade. Read:

Hi!

Our next stop: New Jersey! We’re crossing over the Hudson today and offering renters and homeowners insurance in the Garden State!

We’d love for you to help us spread the word, and check out our post about the Jersey launch here.

Cheers,

Team Lemonade