Insurtech leader Lemonade has filed to go public; the company is backed by an A-list group of venture capitalists including SoftBank, Sequoia, General Catalyst and more; unlike many other insurtech companies Lemonade is actually a full service insurance provider looking to disrupt both business and consumer insurance; Techcrunch analyzed the Lemonade S-1 as it provides, for the first time, details into the financial status of the business; while the company continues to lose money as it spends heavily on sales and marketing, revenue is increasing at a faster percentage; the IPO window has opened and Lemonade intends to take full advantage. Techcrunch
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.