Online insurance company Lemonade Inc. was ranked at fourth place on Forbes’ list of the 50 most influential artificial intelligence companies in America, published Tuesday. Ten Israeli-linked companies made the list.
Founded by Israel-born Shai Wininger and Daniel Schreiber, Lemonade offers an alternative insurance model of customizable property and casualty insurance policies at a flat monthly rate. In June, Calcalist reported that Lemonade is planning to make an initial public offering in New York by the end of the year, at a company valuation of $2 billion.