Lemonade

AI-driven Insurance Provider

Fintech & Insurtech
Public on NYSE on Jul, 2020
Public Tel Aviv-Yafo, Israel Founded 2015
Last updated 2026-06-18
Total raised
$800.1M
Last: 2019-04
Stage
Public
Founded
2015
Headcount
500+
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech

About

Lemonade Insurance Company is a licensed insurance carrier, offering homeowners' and renters' insurance powered by artificial intelligence and behavioral economics. By replacing brokers and bureaucracy with bots and machine learning, Lemonade seeks to eliminatepaperwork and provide instant information. Lemonade is a certified B-Corp, where underwriting profits are donatedto nonprofit organizations.

Funding history · 7 rounds · $800.1M total

Q&A

When did Lemonade go public and what was the offering size?
Lemonade went public on the NYSE in July 2020, raising $319,000,000 in its public offering.
What was Lemonade's last funding round and who were the lead investors?
Lemonade's last funding round was in April 2019, raising $300,000,000. SoftBank was a lead investor in this round.
What was the acquisition amount for Metromile by Lemonade?
Lemonade acquired Metromile in November 2021 for $145,000,000.
What is Lemonade's primary business model?
Lemonade's primary business model is B2C (Business-to-Consumer).
Which countries does Lemonade operate in?
Lemonade operates in France, Netherlands, United States, Germany, and the United Kingdom.
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 is Co-founder, President & COO.
What is Lemonade's primary sector?
Lemonade's primary sector is Fintech & Insurtech.

Team · 2

Daniel Schreiber
Founder · Co-founder & CEO
LinkedIn ↗
Shai Wininger
Founder · Co-founder, President & COO
LinkedIn ↗

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceNatural Language ProcessingMachine Learning
Target customers
ConsumersFinancial & Real EstateTenants & LandlordsRecreational & LifestylePet Owners
Business model
B2C

Highlights

Verified

Tags

unicorn-2018fintech
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