Lemonade

Company Overview

Snapshot

Founded in June 2015 by Daniel Schreiber and Shai Wininger, Lemonade operates with over 500 employees. The company has raised a total of $800.1M across 8 funding rounds from 16 investors. A significant milestone for the company was its public listing on the NYSE in July 2020.

Business overview

Lemonade is an AI-driven insurance provider specializing in homeowners' and renters' insurance. The company leverages artificial intelligence and behavioral economics to streamline the insurance process, aiming to replace traditional brokers and bureaucracy with bots and machine learning for instant information and service. Operating within the Fintech & Insurtech sector, Lemonade serves consumers in markets including the United States, Germany, France, Netherlands, and the United Kingdom.

Strategic signal

In September 2025, Lemonade is scheduled to present at the FT Partners FinTech Conference, indicating its continued engagement with the financial technology investment community and its strategic positioning within the industry. This participation suggests ongoing efforts to attract investor interest and highlight its AI-driven insurance model amidst evolving market dynamics.

Company Intelligence Q&A

When did Lemonade go public?

Lemonade went public on the NYSE in July 2020.

Which company did Lemonade acquire?

In November 2021, Lemonade acquired Metromile.

Which investors participated in Lemonade's April 2019 funding round?

In April 2019, SoftBank led a funding round for Lemonade, with participation from Happiness Capital.

What was a key event for Lemonade in December 2017?

In December 2017, Lemonade completed a C Round of funding, with participation from SoftBank and Google Ventures.

When did Lemonade launch its new insurance plans?

In September 2016, Lemonade launched new insurance plans, marking an early product expansion.