Lemonade

Lemonade is a digital insurance company that uses artificial intelligence and behavioral economics. The job it does: building AI products and features, often for other companies.

Who is it for? Mostly companies adding AI to a product. Alongside the main category they mention Artificial Intelligence (AI), Financial Services, Insurance and InsurTech. As a large company team themselves (1,001 to 5,000 people), they tend to serve customers of a similar scale best. At that size expect formal onboarding, documentation and a longer sales cycle.

Lemonade is based in New York, New York and founded in 2015. More on lemonade.com.

Things worth asking about: track record, data handling, and who owns the models. Ask for a trial on your own data, not a canned demo.

If you have worked with Lemonade, tell the next buyer what you paid and what surprised you. That is the part of this page we cannot write.