About Lemonade
Lemonade is a company based in New York (United States) founded in 2015. Lemonade has raised $643.86 million across 11 funding rounds from investors including OurCrowd, Allianz and SoftBank Group. The company has 1,240 employees. Lemonade has completed 1 acquisition, including Metromile. Lemonade offers products and services including Renters Insurance, Homeowners Insurance, Car Insurance, Pet Insurance, and Term Life Insurance. Lemonade operates in a competitive market with competitors including Coverwallet, Waffle Labs, Coverdash, The Doctors Company and Ahoy Insurance, among others.
Products & Services of Lemonade
Lemonade offers a comprehensive portfolio of products and services, including Renters Insurance, Homeowners Insurance, Car Insurance, Pet Insurance, and Term Life Insurance.
Covers belongings and liability for renters.
Protects homes, contents, and structures.
Provides coverage for vehicles and passengers.
Offers health coverage for pets like dogs and cats.
Delivers protection for beneficiaries upon policyholder's death.
Apps and channels of Lemonade
Lemonade publishes 1 mobile app with over 1M+ downloads; its YouTube channel Lemonade has 10.4K subscribers and 30 videos.
Videos from Lemonade
The most watched videos on Lemonade's YouTube channel, Lemonade (10.4K subscribers). Click a video to play it here.
More on Lemonade.
Funding Insights of Lemonade
Lemonade has successfully raised a total of $643.86M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $150 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $643.86M
- Total Rounds 11
- Last Round Post-IPO — $150M
- First Round $13M
(Dec 2015)
- Investors Count 17
Latest 10 of 11 funding rounds of Lemonade with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $150M | Post-IPO | – | – | |
| Jan 2022 | $20,000 | Grant | – | – | |
| Jul 2019 | $175M | Series D | – | – | – |
| Apr 2019 | $300M | Series D | – | SoftBank Group | |
| Feb 2019 | – | Series C | – | – | – |
| Dec 2017 | $120M | Series C | – | SoftBank Group | |
| Aug 2017 | $1.86M | Series B | – | – | – |
| Apr 2017 | – | Series B | – | Allianz X | – |
| Dec 2016 | $34M | Series B | – | General Catalyst | |
| Aug 2016 | – | Series A | – | XL Innovate | – |
17 investors in total: 17 institutional.
Investors in Lemonade
Lemonade has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, Allianz and SoftBank Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | – | generalcatalyst.com | - | |
Corporate backed venture capital fund investing in multiple sectors | – | gv.com | Mountain View, United States | |
Early-stage technology startups are invested in by Thrive Capital. | – | thrivecap.com | New York, United States | |
VC & PE firm | – | global.softbank | San Carlos, United States | |
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | - | |
Early-stage tech investments in Israel are focused on by Aleph. | – | aleph.vc | Tel Aviv, Israel | |
Investments in US tech startups are made by XL Innovate. | – | xlinnovate.com | Menlo Park, United States | |
Venture capital firm | – | visionaryprivateequitygroup.com | St. Charles, United States | |
Early-stage tech startups in regulated markets are funded by TVP. | – | tusk.vc | New York, United States | |
Startups are funded via venture capital by Allianz-backed Allianz X. | – | allianzx.com | Munich, Germany |
Investor details for Lemonade
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Lemonade
148 people are tracked at Lemonade (31 in leadership, 8 in board & advisors, 109 in team); the tracked headcount is 1,240.
| Name | Role | Group |
|---|---|---|
Daniel Schreiber | – | Leadership |
Yael Cohen | SVP Data, General Manager Pet & Life | Leadership |
Shane Barnes | Global Head Of Pricing | Leadership |
Emmanuelle Barralis | European Operations Director | Leadership |
Scott Fischer | Head Of Government Relations & General Counsel | Leadership |
Shiri Teller Hasson | Senior Director Of Operations | Leadership |
Hagar Franco | Chief Financial Officer, Europe & Global Head Of Insurance Finance | Leadership |
Kizzie Davis | Associate Director Of Underwriting Operations | Leadership |
Roy Nissan-Cohen | General Manager, Homeowners | Leadership |
Elizabeth Mansfield | Associate Director, Customer Operations | Leadership |
Amichai Bergman | Director Of Operations & Head Of Business Applications | Leadership |
Mike Duffy | Senior Director Of Finance, Assistant Controller | Leadership |
Anthony Irwin | VP Finance, Controller | Leadership |
Ron Voortman | Company Head - Europe | Leadership |
Brittany Malooly | Partner Operations Manager | Leadership |
Ron Harband | Director Of Finance | LTD Controller | Leadership |
Nathaniel Kohn | VP AI Data Science | Leadership |
Megan Bowman | Insurance Operations Director | Leadership |
Liran Bassa | Associate General Counsel, Europe And Data And Corporate Governance Director | Leadership |
Ravid Aharoni | Director Of Office Operations | Leadership |
128 more people are available in the full profile.
Complete people profiles for Lemonade
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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IPO & Listings of Lemonade
Lemonade is a publicly listed company on the NYSE with ticker symbol LMND in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Apr 2021
- Listed onLSE: 0A91
- Listed entityLemonade, Inc.
- Exchange sectorFinance
- ISINUS52567D1072
- Share price$46.91 (+0.17% on the day) · 2026-10-08
- Market capitalisation$3.63B
- EPS (diluted, trailing year)$-1.82
- Volume (last session)1,545,503
Financials of Lemonade
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $615.2M | -$165.5M | – |
| 2024 | $435.4M | -$202.2M | – |
| 2023 | $360.0M | -$236.9M | – |
| 2022 | $192.6M | -$297.8M | – |
| 2021 | $83.5M | -$241.3M | – |
Detailed financial statements for Lemonade
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Investments & Acquisitions by Lemonade
Lemonade has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Metromile.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
App that provides usage-based auto insurance platform for individuals | metromile.com | San Francisco, United States | 2011 | Nov 2021 | •••• |
Complete acquisition details for Lemonade
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Lemonade
5 dated milestones of Lemonade across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Lemonade is founded.
- Funding First funding round of $13.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Metromile.
- Funding Latest funding round, Post-IPO, of $150.0M.
Competitors of Lemonade
Lemonade operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coverwallet, Waffle Labs, Coverdash, The Doctors Company and Ahoy Insurance, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coverwallet.com | 2015 | New York, United States | $28.3M | 190 | Online insurance platform for businesses | |
| waffleinsurance.com | 2018 | New York, United States | $10.46M | – | Provider of renter, pet, personal cyber & life insurance services | |
| coverdash.com | 2022 | New York, United States | $16M | – | Provider of online business insurance solutions | |
| thedoctors.com | 1976 | Napa, United States | – | 814 | Offers malpractice insurance and risk management services for physicians and clinicians. | |
| ahoy.insure | 2021 | New York, United States | – | – | AI-based insurance solutions for boaters are provided. | |
| gbg.com | 1995 | Princeton, United States | – | 4 | GBG is recognized for providing identity verification and fraud prevention solutions. | |
| marqueeig.com | 2014 | Roswell, United States | – | 97 | Insurance products and trucking management tools are provided to businesses. |
Detailed competitors of Lemonade
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lemonade
The website of Lemonade (lemonade.com) receives about 3.3M visits a month and ranks #16,053 among all websites worldwide, #1,041 in Insurance.
- Monthly visits3.3M
▲ 16.1% vs previous month
- Unique visitors1.7M
per month
- Global rank#16,053
among all websites
- Category rank#1,041
Finance · Insurance
- Bounce rate42%
- Pages per visit5.0
- Average visit3 min 10 sec
- DevicesDesktop 33% · Mobile 67%
Websites whose visitors overlap most with Lemonade. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| allstate.com | 100% | 11.9M | #3,679 | View details | |
| libertymutual.com | 96% | – | #7,283 | View details | |
| progressive.com | 95% | 32.8M | #1,093 | View details | |
| thezebra.com | 89% | 2.9M | #22,120 | View details | |
assurantrenters.com | assurantrenters.com | 86% | – | #320,520 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lemonade
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Lemonade
Complete news archive for Lemonade
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Lemonade
10 companies that operate in the same segment as Lemonade (Insurance Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 466.54 M | USD 1.12 B | 4,530 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.2 B | – | – | |
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 | |
Homeowners insurance coverage is delivered via an online platform. | 2015 | Palo Alto, California, United States | USD 709.36 M | USD 468.6 M | 478 | |
Online health insurance is provided to individuals and businesses. | 2012 | New York, New York, United States | USD 1.63 B | USD 11.7 B | 2,400 | |
Insurance plans are compared and purchased via an online marketplace. | 2008 | Gurugram, Haryana, India | – | – | – | |
Provider of protection plans and repair services for gadgets and appliances | 2011 | Mumbai, Maharashtra, India | USD 53.15 M | USD 35.77 M | 336 | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – |
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Frequently Asked Questions about Lemonade
Lemonade was founded in 2015.
Lemonade is headquartered in New York, United States. It is registered at New York, New York, United States.
Lemonade is a funded company, having raised a total of $643.86M across 11 funding rounds to date.
Lemonade has 1,240 employees.
Annual revenue of Lemonade is $615.2M as on Dec 31, 2025.
The company was founded in 2015 in New York, United States, within the insurance sector. A cloud-based platform is operated to handle life and property casualty insurance. Quotes are generated for renters, condo, pet, homeowners, and life insurance policies. An artificial intelligence bot is integrated to develop customized coverage options. The associated mobile application is supported on Android and iOS devices.
Lemonade's top competitors include Coverwallet, Coverdash and GBG.
Lemonade offers Renters Insurance, Homeowners Insurance, Car Insurance, Pet Insurance, and Term Life Insurance.
Yes, Lemonade is publicly traded on NYSE under the ticker symbol LMND.
Lemonade has made 1 acquisition, including Metromile.
Lemonade has 17 investors. Key investors include OurCrowd, Allianz, SoftBank Group, United States Department of Agriculture, and General Catalyst.
Lemonade operates through Lemonade Inc..