Lemonade
IPOInsurance built for the 21st century
Public · New York, United States · Founded 2015 · $480.0M raised
- Headquarters
- New York, New York
- Employees
- 501–1000
- Founded
- 2015
- Business Model
- B2C
- Website
- lemonade.com
- Total Funding
- $480.0M
- Last Round
- $300.0M Series DApr 2019
- Rounds
- 6
- Type
- Public
About
Lemonade is a publicly-traded insurance company that uses AI and behavioral economics to offer renters, homeowners, car, pet, and life insurance. It takes a flat fee, pays claims in seconds, and donates unused premiums to charity through its Giveback program. As a certified B-Corp and Public Benefit Corporation, social impact is core to its business model.
Summary
Lemonade is an Artificial Intelligence company based in New York, United States, founded in 2015. It has raised $480.0M in total across 6 rounds, most recently a $300.0M Series D round in Apr 2019. Investors include General Catalyst, Aleph and Sequoia Capital.
Tech & App Stack
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Funding History
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Jun 2023
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Investors
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