Lemonade - About the company
Lemonade is a public company based in New York City (United States), founded in 2015 by Shai Wininger and Daniel Schreiber. It operates as a Provider of various insurance policies including car, pet, home, and life. Lemonade has raised $644M in funding from investors like Sequoia Capital, General Catalyst and Aleph. The company has 598 active competitors, including 35 funded and 85 that have exited. Its top competitors include companies like Digit Insurance, Progressive Insurance and FWD.
Sectors and market segments that Lemonade operate in
Lemonade serves in the FinTech, InsurTech market segments.The primary business model of Lemonade are:Company Details
Provider of various insurance policies including car, pet, home, and life. The company offers different types of insurance coverage through its platform. It provides options for renters, homeowners, and pet owners, as well as term life insurance. The platform also offers resources such as a blog, frequently asked questions, and an insurance dictionary.
- Website
- www.lemonade.com/
- Email ID
- *****@lemonade.com
- Phone Number
- +1 **********
- Registered Address
- New York, New York
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Public
Total Funding
$644M in 11 rounds
Latest Funding Round
Investors
Ranked
2nd among 598 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2025
Employee Count
1,402 as on Jul 31, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Lemonade
Lemonade is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LEMONADE INSURANCE AGENCY, LLC CIN: 4909453 , United States, Active | Mar 09, 2016 | - | - | - |
LEMONADE LTD CIN: 649242820 , Australia, Active | Apr 05, 2021 | - | - | |
LEMONADE DAYS LIMITED CIN: 15078563 , United Kingdom, Active | Aug 16, 2023 | - | - | |
LEMONADE, INC. CIN: 320469673 , United States, Active | Jun 16, 2015 | $500M - $1B (As on Dec 31, 2025) | 795 (As on Dec 31, 2024) | - |
Lemonade's IPO details
Lemonade got listed on Jul 02, 2020.
Click here to take a look at Lemonade's IPO in detail
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Lemonade's funding and investors
Lemonade has raised a total funding of $644M over 11 rounds. Its first funding round was on Dec 08, 2015. Its latest funding round was a Post IPO round on Jul 02, 2023 for $150M. 1 investor participated in its latest round. Lemonade has 54 institutional investors.
Here is the list of recent funding rounds of Lemonade:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 02, 2023 | $150M | Post IPO | - | - | - | |
Jan 03, 2022 | $20K | Grant (prize money) | - | - | - | |
Jun 24, 2019 | $175M | Series D | $2B | - | - | - |
View details of Lemonade's funding rounds and investors
Lemonade's founders and board of directors
Founder? Claim ProfileThe founders of Lemonade are Shai Wininger and Daniel Schreiber. Daniel Schreiber and Shai Wininger are the CEOs of Lemonade.
Here are the details of Lemonade's key team members:
- Shai Wininger: Co-Founder & Co-CEO of Lemonade and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 1 email address
- Daniel Schreiber: Co-Founder & Co-CEO of Lemonade and founder of 1 other company. Contact Info: 1 email address
View details of Lemonade's Founder profiles and Board Members
Lemonade's employee count trend
Lemonade has 1,402 employees as of Jul 26. Here is Lemonade's employee count trend over the years:
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Lemonade's Competitors and alternates
Top competitors of Lemonade include Digit Insurance, Progressive Insurance and FWD. Here is the list of Top 10 competitors of Lemonade, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Digit Insurance 2016, Bengaluru (India), Public | Provider of general and life insurance products across various categories | $462M | 84/100 | |
2nd | Lemonade 2015, New York City (United States), Public | Provider of various insurance policies including car, pet, home, and life | $644M | 83/100 | |
3rd | Progressive Insurance 1937, Mayfield Heights (United States), Public | Internet first provider of life, health, auto, home, and business insurance services | - | 71/100 | |
4th | Online life and health insurance platform for individuals | $1.82B | 70/100 | ||
5th | Allstate 1931, Chicago (United States), Public | Internet first provider of life, property, auto, and business insurance services | - | - | 70/100 |
6th | Online platform for life, health, and P&C insurances | - | 68/100 | ||
7th | ZhongAn Insurance 2013, Shanghai (China), Public | Online insurance platform for individuals | $942M | 66/100 | |
8th | AIG 1919, New York City (United States), Public | Internet first provider of life, health, accident & travel insurance services | - | 65/100 | |
9th | Aflac 1955, Columbus (United States), Public | Internet first provider of life, vision & dental insurance services | - | 62/100 | |
10th | Online platform for life and non-life insurances | $10.9M | 60/100 |
Looking for more details on Lemonade's competitors? Click here to see the top ones
Lemonade's Investments and acquisitions
Lemonade has made no investments or acquisitions yet.
Reports related to Lemonade
Here is the latest report on Lemonade:
News related to Lemonade
Media has covered Lemonade for a total of 46 events in the last 1 year, 28 of them have been about company updates and 2 about people movement.
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Lemonade Expands U.S. Operations by Launching Car Insurance in FloridaGlobal Fintech Series•Aug 27, 2026•Lemonade
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Lemonade Reports Q2 2026 Results: Revenue Soars 79%, Net Loss NarrowsReinsurance News•Jul 29, 2026•Lemonade
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