Lemonade extends “synthetic agents” financing agreement with General Catalyst

Lemonade has extended its “synthetic agents” financing agreement with General Catalyst, which sees the venture firm finance up to 80 percent of the insurtech’s customer acquisition costs in exchange for a 16 percent commission.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@wbmediagroup.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com