Lemonade

Lemonade is an insurtech firm that provides home, renters, life, pet, and car insurance, leveraging AI and behavioral economics.

Fintech & Insurtech
public
Public New York, United States Founded 2015
Last updated 2026-07-29
Total raised
$481.1M
Last: Public Offering 2023-06
Stage
Public
Founded
2015
Headcount
500+
HQ
New York, United States
Sector
Fintech & Insurtech

About

Lemonade, Inc. is an American insurance company that offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance. The company utilizes artificial intelligence and chatbots to process claims and aims to simplify the insurance process, making it more transparent and affordable. Lemonade operates on a "Giveback" program, where unclaimed funds are donated to charitable causes chosen by policyholders. It is a public benefit corporation and a Certified B Corp. Founded in April 2015 by Tel Aviv-based tech experts Daniel Schreiber and Shai Wininger, Lemonade's business model focuses heavily on AI, selling 98% of its policies and handling over 60% of claims through AI.

Funding history · 15 rounds · $481.1M total

2026-06
Debt Financing Undisclosed
2025-02
Debt Financing Undisclosed
2024-01
Debt Financing Undisclosed
2023-06
Debt Financing Undisclosed
2022-10
PIPE Undisclosed
2021-12
Follow-on PO Undisclosed
2021-01
Follow-on PO Undisclosed
2020-07
IPO Undisclosed
2019-03
D Round $300.0M
★ SoftBankAllianzOurCrowdGeneral CatalystHappiness Capital
2017-11
C Round $120.0M
★ Allianz★ SoftBank★ Google Ventures★ Sequoia Capital
2017-07
B Round Extension $1.1M
★ OurCrowd
2016-11
B Round $34.0M
★ GV★ Aleph★ Allianz★ XL Innovate★ Sound Ventures★ Thrive Capital★ Sequoia Capital★ General CatalystTusk Ventures
2016-07
A Round $13.0M
★ Aleph★ Sequoia Capital
2015-11
Seed $13.0M
★ Aleph★ Tusk Ventures★ Sequoia Capital★ Launchbay Capital★ Expansion Venture Capital
2015-06
Pre-Seed Undisclosed
★ S Capital VC

Q&A

What is Lemonade's primary business?
Lemonade is an insurtech firm that provides home, renters, life, pet, and car insurance, leveraging AI and behavioral economics. It operates on a "Giveback" program, donating unclaimed funds to charitable causes.
When was Lemonade founded and by whom?
Lemonade was founded in April 2015 by Tel Aviv-based tech experts Daniel Schreiber and Shai Wininger.
What was Lemonade's most recent debt financing round?
In February 2025, Lemonade secured a Debt Financing round worth $200,000,000.
What was Lemonade's most recent public offering?
In June 2023, Lemonade completed a Public Offering that raised $150,000,000, with General Catalyst participating.
How many employees does Lemonade have?
Lemonade has 1,340 employees, falling within the 500+ employee bucket.
Which company did Lemonade acquire and when?
Lemonade acquired Metromile in November 2021 for $145,000,000.
What is Lemonade's total amount raised to date?
Lemonade has raised a total of $644,000,000 USD.
Who were the lead investors in Lemonade's Seed round?
The Seed round in December 2015 was led by Aleph and Sequoia Capital.
Who are the co-founders of Lemonade?
The co-founders of Lemonade are Daniel Schreiber, who serves as Co-founder & CEO, and Shai Wininger, who serves as Co-founder & President.

Team · 14

Daniel Schreiber
Founder · Co-founder & CEO
LinkedIn ↗
Shai Wininger
Founder · Co-founder & President
LinkedIn ↗
Tim Bixby
Chief Financial Officer
Adina Eckstein
Chief Operating Officer
John Peters
Chief Insurance Officer
Maya Prosor
Chief Business Officer
Michal Langer
Chief Product Officer
Jonathan Jaffe
Chief Information Security Officer (CISO)
Michael Eisenberg
board
Deb Schwartz
board
Dr. Samer Haj-Yehia
board
Maria Angelidou-Smith
board
Geoff Seeley
Board Member
Prashant Ratanchandani
Board Member

Sectors & technology

Primary sector
Fintech & Insurtech
Technologies
Target customers
Business model
B2C

Tags

unicorn-2018fintechinsurtechartificial-intelligencemachine-learningb-corppublic-benefit-corporation
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitelemonade.com
LinkedInlinkedin.com/company/1201453
X / Twittertwitter.com/Lemonade_Inc

Identifiers & details

Legal nameLemonade, Inc.
Founded2015-4
Employees (exact)1340

Acquisitions & public offerings

AcquiredDateAmount
Metromile2021-11$145.0M

Radar intelligence

Open jobs — ashby

Total open31
Remote10
TitleLocationDepartment
Agency Partner Manager
CLX Car Advocate, Total Loss
CLX Property Advocate - Condo
Senior Backend Engineer - Python
Staff Product Manager, Europe Market Expansion
Senior Backend Engineer, Pricing Platform
Operations Manager
CLX Property Advocate, NL
Senior Data Infrastructure Engineer
Senior Decision Science Analyst
Head of Business Development
Senior Manager, Property Claims Innovation & Scale

Patents

EPO4

Publications (Crossref)

Works10

Web history (Wayback)

Domainlemonade.com

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)515277432
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated2015-06-23
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2025
Active charges / liens0
Registry events0
Registered addressדובנוב 7 תל אביב - יפו