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 Initial Public Offering on the NYSE in July 2020.

Business overview

Lemonade is a licensed insurance carrier that leverages artificial intelligence and behavioral economics to offer homeowners' and renters' insurance. By replacing traditional brokers and bureaucracy with AI bots and machine learning, the company aims to streamline processes and provide instant information. Lemonade operates in the Fintech & Insurtech sector, serving consumers in markets such as the United States, Germany, France, the Netherlands, and the United Kingdom.

Strategic signal

In September 2025, Lemonade was scheduled to present at the FT Partners FinTech Conference, indicating its continued engagement with the financial technology investment community and its efforts to highlight its AI-driven insurance model to potential investors and partners. This signals ongoing strategic visibility and a focus on investor relations within the dynamic fintech landscape.

Company Intelligence Q&A

When did Lemonade go public?

Lemonade completed its Initial Public Offering on the NYSE in July 2020.

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

In April 2019, Lemonade received funding from investors including SoftBank and Happiness Capital.

What is Lemonade's core technology?

Lemonade utilizes artificial intelligence and machine learning to power its insurance offerings, aiming to automate processes and enhance customer experience.

When was Lemonade founded?

Lemonade was founded in June 2015.