Lemonade bolsters financing relationship with Synthetic Agents
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Lemonade bolsters financing relationship with Synthetic Agents

Shelby Rosenberg
January 11, 2024
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Lemonade has extended and expanded its financing relationship with General Catalyst (GC), also known as Synthetic Agents, which finances up to 80% of Lemonade’s spending related to customer acquisition costs (CAC), the InsurTech announced Thursday.

Under the original agreement, GC had agreed to finance up to $150mn of CAC spend for the 18 months from July 2023 through December 2024.

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