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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.
Social
XFacebook
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
Ranked
Annual Revenue
$500M - $1B as on Dec 31, 2025
Employee Count
1,432 as on Jun 30, 2026
Similar Companies
Exit Details
Public

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:lockFilter this list
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
-
-
-
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Lemonade's founders and board of directors

Founder? Claim Profile
The 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:

Lemonade's employee count trend

Lemonade has 1,432 employees as of Jun 26. Here is Lemonade's employee count trend over the years:
Employee count trend for Lemonade
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lemonade
Lemonade
2015, New York City (United States), Public
Provider of various insurance policies including car, pet, home, and life
$644M
83/100
2nd
Logo for Progressive Insurance
Progressive Insurance
1937, Mayfield Heights (United States), Public
Internet first provider of life, health, auto, home, and business insurance services
-
74/100
3rd
Logo for Allstate
Allstate
1931, Chicago (United States), Public
Internet first provider of life, property, auto, and business insurance services
-
-
70/100
4th
Logo for AIG
AIG
1919, New York City (United States), Public
Internet first provider of life, health, accident & travel insurance services
-
68/100
5th
Logo for The Standard
The Standard
1906, Portland (United States), Unfunded
Internet first provider of life, disability, dental & vision insurance services
-
-
63/100
6th
Logo for Aflac
Aflac
1955, Columbus (United States), Public
Internet first provider of life, vision & dental insurance services
-
62/100
7th
Logo for Amica
Amica
1907, Lincoln (United States), Early Stage
Internet first provider of life, health, home, auto, marine & business insurance services
$2M
60/100
8th
Logo for Menorah Mivathim
Menorah Mivathim
1935, Ramat Gan (Israel), Public
Non banking financial institution in Israel
-
-
56/100
9th
Logo for Max Life Insurance
Max Life Insurance
2000, Gurugram (India), Series B
Provider of life insurance policies and long term investment products
$29.9M
55/100
10th
Logo for Coverwallet
Coverwallet
2015, New York City (United States), Acquired
Online insurance platform for businesses
$28.3M
55/100
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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

lockFilter this list
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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FAQs about Lemonade

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