Flow Partners advises Elevator Fund on the valuation of Lemonade

Providing confidential valuation of Lemonade, a publicly listed full-stack insurance company powered by AI and behavioral economics.

Tel Aviv, Israel / New York, NY, US — 27 January 2021

Flow Partners acted as a financial advisor to a leading Israeli early-stage venture capital investor Elevator Fund on a portfolio valuation and strategic review of Lemonade, a licensed insurance carrier offering AI-based online platform for various insurance products.

Overview

Elevator Fund required an actionable valuation advice for Lemonade in order to accurately balance and keep pulse on their venture portfolio.

We have provided an independent valuation opinion that included valuation insights on current fintech and neoinsurance market, comparable environment analysis, company growth profile assessment vs. market, portfolio impact, operational benchmarking, green/red flag analysis and more.

This transaction highlights our team's strong track record in the fintech space, having also advised companies like Orka (consumer lending platform), Krita (factoring service) or Marcura (owner of a maritime payment solution MarTrust).

About Lemonade

Lemonade (NYSE:LMND) is a licensed insurance carrier offering renters, homeowners, and pet health insurance in the United States, and contents and liability insurance in Germany, France, and the Netherlands. Lemonade is powered by artificial intelligence and behavioral economics and driven by social good. A certified B-Corp, Lemonade donates unused premiums to nonprofits selected by its community as part of our annual Giveback program.

About Elevator Fund

Elevator Fund invests in exceptional early-stage startups globally. Elevator leads and syndicates seed rounds, investing between $250K-$1M in innovative companies located in Israel, Europe and the US. Elevator invests in areas of fintech, new media, digital health and other emerging fields.

About Flow Partners

Flow Partners is a modern advisory firm providing independent corporate finance advice to companies and investors that shape the global digital ecosystem. Flow was founded in 2020 and operates globally with presence in London, Berlin, Warsaw and Miami.

For more information, please visit www.flowpartners.io

Enquiries

For all enquiries please contact the team at [email protected]

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