Clearcover is a car insurance company that uses AI technology to process claims. The company claims to pay eligible claims in minutes.

Clearcover

Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Shai Wininger

Thomas Zawacki

Daniel Schreiber

Lemonade, Inc.

Insurance Media is a platform for insurers seeking service providers that drive digital transformation and for service providers with innovative products connecting with insurers.

INSURANCE MEDIA

Luko is a neo-insurance startup that is reinventing home insurance with simplicity, transparency, and intelligence. It offers fully digital insurance experience and 'plug & play' devices for home protection.

Benoit Bourdel

Raphael Vullierme

Luko

We offer affordable car insurance that’s smarter, faster and puts your needs above all else, helping you make informed decisions every step of the way. We help you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. 

Our API-first approach helps you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. We make payments easy and offer convenient policy management through an award-winning mobile app. Our powerful technology, coupled with our dedicated Customer Advocate team, provides an excellent insurance experience with affordable rates. 

Follow along with our progress on our blog: https://blog.clearcover.com or on Twitter: @Clearcover 

Company Benefits & Perks at a Glance:
We cover 90% employees & 75% of dependents, rumor is our plans rock!
We cover 100% Vision for you and your family, seeing is believing!
We cover 100% of your Dental for you and your family, we value smiles!
Everyone gets options, we're in it to win it!
We contribute 3% to your 401k whether you do or not
Flexible work schedule and remote work options!
Generous PTO and 12 Paid Holidays
Our engineers have amazing superpowers, learn from the best.

CEO and Co-founder Kyle Nakatsuji revealed Clearcover’s upcoming plans to launch a reciprocal exchange before expanding into the non-standard auto market. Read the full article in The Insurer here: https://bit.ly/4cbimGt

#insurtech #carinsurance #autoinsurance #insurancethoughtleadership #reciprocal exchange

Back-to-school season is here and it’s time to learn some safe driving tips! Swipe for 5 ways to drive safe now that school is back in session. 

#backtoschool #carinsurance #insurtech #safedriving

Our Chief Product and Innovation Officer Adam Fischer joins Reuters Events’ next webinar “Elevate the Customer Experience with Robust Data & AI Strategies” to discuss all things AI, data & CX! 

You can sign up for the free session below!

#GenAI #CX #AI #Technology #Insurtech #autoinsurance #insurancethoughtleadership

We're excited to share a glimpse into our upcoming plans, including the news that we are gearing up to launch a reciprocal exchange. 

"Clearcover is aiming to capitalize on the broad turnaround in auto market conditions over the last 18 months, while also leveraging existing technology, distribution, and operations to expand into the segment..."

Read the full article from James Thaler with Clearcover CEO Kyle Nakatsuji via The Insurer below!

#insurtech #insurance #autoinsurance #reciprocalexchange #insurancethoughtleadership

In a fast-moving world, it can be hard to keep up. Make sure you're up-to-date with Clearcover's latest announcements and coverage at Clearcover.com/press.

#insurance #insurtech #news #carinsurance #autoinsurance #insurancenews

BIG news today: Clearcover has been recognized among CNBC's World's Top Insurtech Companies of 2024 in the Digital Insurer category, which features insurtechs using "cutting-edge tech to offer a personalized, flexible insurance experience online." This honor reinforces our mission to be the best tech-driven company for digital-first customers. 🚀 

View the the full list here: https://lnkd.in/gXTCAv8e

Metric
Company Name	Clearcover	Lemonade, Inc.	INSURANCE MEDIA	Luko
Symbol		LMND
MSH ID	COM:CLEARCOVER	COM:LEMONADE	DE:INSURANCEMEDIA	EU:LUKO
Market	PRIVATE	STOCKS	PRIVATE	PRIVATE
Sector	Financial Services & Finance	Financial Services	Commercial & Professional Services	Financial Services & Finance
Industry	Insurance	Insurance - Property & Casualty	Insurance	Insurance
Country	US	US	DE	FR
Stage		Post-IPO Equity		Series B
Employee Count	261	1.26K	11	235
Website	clearcover.com	lemonade.com	insurancemedia.de	luko.eu
LinkedIn	clearcover-inc			luko
Founders

Metric
Market Cap		1.30B
Enterprise Value
Monthly Web Traffic	46.62K	1.93M	476.91K
Web Traffic Growth	-0.62	-0.14	-0.06
Valuation
Raised Capital		150M	60.55M

Metric
Revenue		360M
Revenue (LTM)
Revenue (NTM)
Gross Profit		360M
EBITDA		20M
Operating Income
Net Income		-236.90M
EPS		-3.40
Diluted EPS		-3.40
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		1.04
Operating Profit Margin		-0.46
EBITDA Margin		0.06
Net Profit Margin		-0.48
Return on Equity		-0.30
Return on Assets		-0.12
Return on Capital Employed		-0.12

CLEA

COM:CLEARCOVER

Clearcover

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		-4.14
P/B Ratio		1.47
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		4.03
EV Multiple		-7.63

Metric
Days Sales Outstanding		337.56
Days Payables Outstanding
Days Inventory Outstanding		14.45K
Operating Cycle		14.86K
Cash Conversion Cycle		15.62K
Asset Turnover		0.32

Metric
Operating Cash Flow		-119.10M
Free Cash Flow		-128.30M
Cash Flow to Debt
Operating Cash Flow/Sales		-0.12
Free Cash Flow Yield		-0.13

Metric
Cash & Equivalents		271.50M
Accounts Receivable		-32.10M
Inventory		-1.32B
Goodwill		19M
Debt to Capitalization		0.15
Debt to Assets		0.02
Current Ratio		13.71
Quick Ratio		11.96

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.15
R&D to Revenue		0.25
SG&A to Revenue		0.33