Lemonade, founded in 2015 by Daniel Schreiber and Shai Wininger, is a New York-based company that provides home and renters insurance through a monthly subscription starting at two Euros per month. Their coverage plans are crafted using AI, and claims are processed through peer-to-peer transactions on a distributed ledger. Lemonade has raised significant funding through multiple series rounds, with investors including Sequoia Capital, SoftBank, and Allianz. The company differentiates itself by donating unused premiums to charities through its Giveback program, and aims to revolutionize the insurance industry by replacing brokers and paperwork with bots and machine learning.