Lemonade

IPO

Insurance 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
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

16 technologies & apps tracked

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Funding History

Post-IPO EquityPost-IPO EquityJun 2023
$150.0M

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Investors

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