Lemonade (company)

Lemonade is An insurance technology company using artificial intelligence and behavioural economics to offer home and renters insurance that is headquartered in New York City, New York and was founded in 2015 by Daniel Schreiber and Shai Wininger.

Marketing video from Lemonade

Lemonade offers users a monthly subscription for Contents Insurance or Liability Insurance (or both packaged) starting at two Euros per month. Insurance can cover the user, their home, and everything they own. The company also leverages an artificial intelligence designed to craft coverage plans for customers.

Funding

Series A

On August 30, 2016 Lemonade completed their series A funding round with $13 million in funding from Sequoia Capital Israel and Aleph.

Series B

On December 5, 2016 Lemonade completed their series B funding round with $34 million in funding from XL Innovate, Tusk Ventures, Thrive Capital, Sequoia Capital Israel, General Catalyst, GV, Counterpart Advisors, and Aleph.

Series C

On December 19, 2017 Lemonade completed their series C funding round with $120 million in funding from SoftBank (lead investor), Tusk Ventures, Sequoia Capital, General Catalyst, GV, and Aleph.

Series D

On April 11, 2019 Lemonade completed their series D funding round with $300 million in funding from SoftBank (lead investor), Thrive Capital, OurCrowd. General Catalyst, GV, and Allianz.

Timeline

Funding rounds

Funding round

Funding type

Funding round amount (USD)

Funding round date

Investment

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Lemonade Series D round

‌

Series D round

300,000,000

April 11, 2019

Lemonade (company) Series C round Funding Round 2017

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Series C round

500,000,000

December 19, 2017

Aleph Venture Capital

2 Results

Results per page:

Page 1 of 1

People

Name

Role

Documentaries, videos and podcasts

Title

Date

Link

"Lemonade gathers 100x more data"- Lemonade CEO Daniel Schreiber at Tech Crunch Disrupt SF 2018

September 9, 2018

https://www.youtube.com/watch?v=A2zn6nEm0gQ

"That was fun! Now for Act 2" Lemonade CEO Daniel Schreiber at ITC 2018

October 22, 2018

https://www.youtube.com/watch?v=LDJkZzqx4-8

Introducing The Lemonade App [See It In Action]

September 21, 2016

https://www.youtube.com/watch?v=flSLI2JmWVE

Lemonade has reinvented insurance from the ground up | TechCrunch Founder Spotlight 2017

May 30, 2017

https://www.youtube.com/watch?v=-Rjvy3tWe84

Lemonade: Insurance Powered by Tech & Driven by Social Good ❤

March 1, 2018

https://www.youtube.com/watch?v=QGYTy6Oc6rA

The Future of Insurance | Lemonade @ DIA Munich 2017

January 11, 2017

https://www.youtube.com/watch?v=LDOhFHJqKqI

The Lemonade App | Renters & Homeowners Insurance Powered by Tech

July 9, 2018

https://www.youtube.com/watch?v=vohYJ16FEcA

What's Next in Insurance Tech | Future of Fintech 2016

June 22, 2016

https://www.youtube.com/watch?v=ZYEYnFT3DCo

Companies

Company

CEO

Location

Products/Services

News

Title

Author

Date

Publisher

Description

Lemonade stock prices drops 11% after negative Citron research tweet - Business Insider

Will Daniel

January 14, 2021

Business Insider

Lemonade saw its shares fall on Thursday after short-seller Citron Research called out management and put a $100 price target on the firm.

Lemonade shares fall 9% after online insurance provider announces secondary stock offering

Emily Graffeo

January 12, 2021

markets.businessinsider.com

Lemonade, which is backed by SoftBank, focuses on digitizing the process of obtaining homeowners and renters insurance.

Fintechs that rode the waves of economic uncertainty to great success in 2020 - Business Insider

Lea Nonninger

December 22, 2020

Business Insider

This has been a turbulent year for fintechs--but a number of fintechs rode the waves of economic uncertainty to great success in 2020.

Lemonade launches its renters insurance in France

Romain Dillet

December 8, 2020

TechCrunch

Lemonade is launching its renters insurance in France. This is the company's third European launch after the Netherlands and Germany. Originally from the U.S., Lemonade is now a public company with a current market capitalization close to $4 billion. Lemonade will compete directly with a local competitor called Luko. Both companies share a lot of [...]

Global Digital Insurance Platform Market 2020-2025 - Increased Awareness Among Insurers About Digital Channels

Research and Markets

November 23, 2020

www.prnewswire.com:443

/PRNewswire/ -- The "Digital Insurance Platform Market - Growth, Trends, and Forecasts (2020-2025)" report has been added to ResearchAndMarkets.com's offering....

Save time and money on renters and homeowners insurance

StackCommerce

November 17, 2020

Engadget

If your home is burglarized or damaged in a natural disaster, your insurance policy might be the only thing that keeps you afloat. It's a new type of insurance company that uses technology to reimburse you-sometimes instantly. With rates starting as low as $5 per month for renters insurance and $25 per month for homeowners insurance, Lemonade can save you time and money if disaster strikes.

Lemonade reveals improving margins YoY in Q3 2020 earnings thanks to adding pet insurance - Business Insider

Victor Chatenay

November 13, 2020

Business Insider

Lemonade reached $7.3 million in gross profits, and the insurtech plans to add term life insurance and continue its European expansion with France.

Insurtech Lemonade Reports Top Line Revenue of $17.8 Million, Net Loss of $30.9 Million

JD Alois

November 11, 2020

Crowdfund Insider

Click HERE to find out ⭐ Insurtech Lemonade Reports Top Line Revenue of $17.8 Million, Net Loss of $30.9 Million. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Facial recognition payment tech is rolled out in L.A. area

Sam Dean

August 14, 2020

Los Angeles Times

A company called PopID is rolling out the country's first-ever facial recognition payment system at a cluster of restaurants in Pasadena. It's easy and contactless for covid-conscious customers, and cuts down on payment fees for businesses. But is it too creepy to catch on?

Understanding Hippo's valuation in a post-Lemonade IPO world

Alex Wilhelm

July 23, 2020

TechCrunch

Startups that fit under the broad umbrella of insurance technology are having quite a year. In early 2020, insurtech marketplaces raised hundreds of millions of dollars, and as the year continued, more insurtech startups saw their fortunes rise. But these busy and lucrative recent quarters are perhaps best demonstrated by Lemonade's IPO. The rental and [...]

Daily Crunch: Google backs India's Reliance Jio

Anthony Ha

July 15, 2020

TechCrunch

Reliance Jio continues to add billions of dollars to its bank account, Apple scores a tax victory in Europe and researchers test a system for undersea Wi-Fi (with lasers!). Here's your Daily Crunch for July 15, 2020. Google invests $4.5 billion in India's Reliance Jio Platforms Another giant tech company has invested in India's largest [...]

Lemonade launches pet insurance

Jordan Crook

July 15, 2020

TechCrunch

Lemonade today launched pet insurance, marking its entry into a new vertical of insurance for the first time since it launched its renters/home owners insurance in 2016. Lemonade CEO Daniel Schreiber told TechCrunch back in February that some 70 percent of Lemonade customers with a home owners or renters policy are also pet owners, and [...]

Insurtech: Getsafe CEO Christian Wiens Comments on Lemonade IPO, European Insurance Market

JD Alois

July 8, 2020

Crowdfund Insider

Click HERE to find out ⭐ Insurtech: Getsafe CEO Christian Wiens Comments on Lemonade IPO, European Insurance Market. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Startups Weekly: Tech unicorns look to IPOs as Lemonade, Accolade boom

Eric Eldon

July 4, 2020

TechCrunch

Hundreds of tech-oriented startups worth a billion or more dollars had envisioned successful public offerings before the pandemic hit. But new tech listings slowed to nearly nothing this spring as companies have tried to adjust to the profound changes sweeping the world. Today, more and more companies are back to their previous plans, with Lemonade [...]

Insurtech Lemonade Prices IPO Higher than Expected, Shares Pop on First Day of Trading on NYSE, OurCrowd Books Another Win for Investors

JD Alois

July 2, 2020

Crowdfund Insider

Click HERE to find out ⭐ Insurtech Lemonade Prices IPO Higher than Expected, Shares Pop on First Day of Trading on NYSE, OurCrowd Books Another Win for Investors. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Insurtech Startup Lemonade Raises $319M In...

Sophia Kunthara

July 2, 2020

Crunchbase News

Insurance tech company Lemonade set its IPO price at $29 per share, above the price ranges it had previously set.

High-flying IPOs for Lemonade and Accolade may encourage other unicorns to go public

Alex Wilhelm

July 2, 2020

TechCrunch

If you'd predicted in late March and early April that Q3 would kick off with a wide-open IPO market that had receptive investors, I doubt anyone would have believed you.

At the Last Minute, Lemonade Prices IPO Higher as Insurtech Scheduled to Trade on NYSE

JD Alois

July 2, 2020

Crowdfund Insider

Click HERE to find out ⭐ At the Last Minute, Lemonade Prices IPO Higher as Insurtech Scheduled to Trade on NYSE. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Insurtech unicorn Lemonade raises IPO range ahead of debut

Alex Wilhelm

July 1, 2020

TechCrunch

Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now intends to sell its equity for $26 to $28 per share. The Exchange is a daily look at startups and the private markets for [...]

Lemonade Increases Target Price of IPO, Shares Scheduled to Trade on NYSE July 2nd

JD Alois

July 1, 2020

Crowdfund Insider

Click HERE to find out ⭐ Lemonade Increases Target Price of IPO, Shares Scheduled to Trade on NYSE July 2nd. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.

Timeline

Funding rounds

People

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