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 119 active competitors, including 6 funded and 34 that have exited. Its top competitors include companies like Progressive Insurance, Allstate and AIG.
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
1st among 119 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2025
Employee Count
1,432 as on Jun 30, 2026
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 DAYS LIMITED CIN: 15078563 , United Kingdom, Active | Aug 16, 2023 | - | - | |
LEMONADE INSURANCE AGENCY, LLC CIN: 4909453 , United States, Active | Mar 09, 2016 | - | - | - |
LEMONADE, INC. CIN: 320469673 , United States, Active | Jun 16, 2015 | $500M - $1B (As on Dec 31, 2025) | 795 (As on Dec 31, 2024) | - |
LEMONADE LTD CIN: 649242820 , Australia, Active | Apr 05, 2021 | - | - |
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 1,432 employees as of Jun 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 Progressive Insurance, Allstate and AIG. 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 | Lemonade 2015, New York City (United States), Public | Provider of various insurance policies including car, pet, home, and life | $644M | 83/100 | |
2nd | Progressive Insurance 1937, Mayfield Heights (United States), Public | Internet first provider of life, health, auto, home, and business insurance services | - | 74/100 | |
3rd | Allstate 1931, Chicago (United States), Public | Internet first provider of life, property, auto, and business insurance services | - | - | 70/100 |
4th | AIG 1919, New York City (United States), Public | Internet first provider of life, health, accident & travel insurance services | - | 68/100 | |
5th | The Standard 1906, Portland (United States), Unfunded | Internet first provider of life, disability, dental & vision insurance services | - | - | 63/100 |
6th | Aflac 1955, Columbus (United States), Public | Internet first provider of life, vision & dental insurance services | - | 62/100 | |
7th | Amica 1907, Lincoln (United States), Early Stage | Internet first provider of life, health, home, auto, marine & business insurance services | $2M | 60/100 | |
8th | Menorah Mivathim 1935, Ramat Gan (Israel), Public | Non banking financial institution in Israel | - | - | 56/100 |
9th | Max Life Insurance 2000, Gurugram (India), Series B | Provider of life insurance policies and long term investment products | $29.9M | 55/100 | |
10th | Coverwallet 2015, New York City (United States), Acquired | Online insurance platform for businesses | $28.3M | 55/100 |
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 43 events in the last 1 year, 27 of them have been about company updates and 1 about people movement.
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Lemonade Reports Q2 2026 Results: Revenue Soars 79%, Net Loss NarrowsReinsurance News•Jul 29, 2026•Lemonade
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Hillsdale Investment Management Invests $5.89 Million in Lemonade Inc.MarketBeat•May 31, 2026•Hillsdaleinv, Lemonade
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Did Lemonade's 70% Q1 Revenue Jump Reframe Its AI‑Driven Profitability NarrativeSimply Wall St•May 30, 2026•Lemonade
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A Look At Lemonade (LMND) Valuation After Strong Q1 2026 Growth And AI Efficiency GainsSimply Wall St•May 27, 2026•Lemonade
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