Last updated 2026-09-07
- Raised $526.1M Public Offering, Jan 2021
- Raised $250M debt round, Jun 2026
- Raised $200M debt round, Feb 2025
Total raised
$1.9B
Last: Public Offering 2023-06
Stage
Public
Founded
2015
Headcount
795
HQ
New York, United States
Sector
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 · 13 rounds · $1.9B total
13 events/rounds · $1.9B Total Funding: $481.1M in Private Equity, $817.2M in Public Equity, $600.0M in Debt
Jun 2026
Debt Financing
$250.0M
EDGAR filing SEC-EDGAR 8-K
Feb 2025
Debt Financing
$200.0M
EDGAR filing SEC-EDGAR 8-K
Jun 2023
Debt Financing
$150.0M
EDGAR filing SEC-EDGAR 8-K
Oct 2022
PIPE
Undisclosed
EDGAR filing SEC-EDGAR 8-K
Jan 2021
Public Offering
$526.1M
EDGAR filing SEC-EDGAR 424B4
Jul 2020
Public Offering
$291.1M
EDGAR filing SEC-EDGAR 424B4
Apr 2019
Dec 2017
★ Aleph★ Allianz★ Thrive Capital★ Sound Ventures★ Google Ventures★ Sequoia Capital★ General Catalyst★ SoftBank GroupTVPSoftBankMenlo ParkXL InnovateTusk VenturesVisionary Private Equity Group
Aug 2017
B Round
$1.1M
prior (startupim db)
Apr 2017
★ Allianz★ Sound Ventures★ Ashton Kutcher's Sound VenturesAlephSequoiaXL InnovateTusk VenturesThrive CapitalGeneral CatalystGoogle Ventures (GV)GV (formerly Google Ventures)
Aug 2016
A Round
$13.0M
wikipedia.org
Dec 2015
Jun 2015
Pre-Seed
Undisclosed
prior (startupim db)
Acquisitions · 1
Nov 2021
Metromile
$145.0M
Headcount over time
795 employees (2026-09) · 1 point
Offices
New York, United States · HQ / main office
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 · 7
Daniel Schreiber
Founder · Co-CEO & Chairman
Adina Eckstein
Chief Operating Officer
John Peters
Chief Insurance Officer
Michal Langer
Chief Product Officer
Sectors & technology
Primary sector
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
| Website | lemonade.com |
|---|---|
| linkedin.com/company/1201453 | |
| X / Twitter | twitter.com/Lemonade_Inc |
Identifiers & details
| Legal name | Lemonade, Inc. |
|---|---|
| Founded | 2015-4 |
| Employees (exact) | 795 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Metromile | 2021-11 | $145.0M |
Radar intelligence
Open jobs — ashby
| Total open | 34 |
|---|---|
| Remote | 9 |
| Title | Location | Department |
|---|---|---|
| User Acquisition Manager | ||
| Director of Talent Acquisition | ||
| CLX Car Advocate, File Owner | ||
| Sr. Compliance Analyst | ||
| Product Marketing Leader (Relocation) | ||
| Senior People Ops Specialist | ||
| Senior Manager, Treasury | ||
| Senior Backend Engineer, Pricing Platform | ||
| IT Manager, AI Ops | ||
| Compliance Manager | ||
| Sr. Data Scientist | ||
| Backend Engineer - ML Platform |
Patents
| EPO | 4 |
|---|
Publications (Crossref)
| Works | 10 |
|---|
Web history (Wayback)
| Domain | lemonade.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515277432 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2015-06-23 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | דובנוב 7 תל אביב - יפו |