Lemonade

Lemonade is an AI-based insurance company that offers a fresh perspective on insurance services. The company provides affordable, easy-to-use insurance policies for homeowners and renters by leveraging artificial intelligence and behavioral economics. Policyholders can quickly file claims and receive instant payments through Lemonade's user-friendly mobile app and website.

Founded in 2015 and headquartered in New York, Lemonade aims to transform the insurance industry's traditional model. It operates with a unique business model where unclaimed premiums go to charities chosen by the policyholders. This approach not only simplifies the process of buying insurance but also adds a socially responsible aspect to their business. Lemonade's goal is to provide a seamless, transparent, and efficient insurance experience to all its customers.