Lemonade, a New York-based renters and homeowners apartment insurance startup, raised $34m in Series B funding.
The round was led by General Catalyst with participation from GV (formerly Google Ventures), Thrive Capital and Tusk Ventures, as well as existing investors Aleph, Sequoia, and XL Innovate.
The company, which intends to use the funds to continue to expand operations in 2017, was licensed as an insurance carrier in the State of New York on
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