Lemonade logo

Lemonade Funding & Investors

New York, NY

Lemonade Inc. offers renters' insurance, homeowners' insurance, car insurance, pet insurance and term life insurance in the United States as well as contents and liability policies in Germany and the Netherlands and renters insurance in France. The company is based in New York City. It has approximately 1 million customers and 70% of its customers are under the age of 35. The company is registered as a public benefit corporation and has a stated mission of ‘transforming insurance from a necessary evil into a social good." Its business plan includes annually giving a portion of its underwriting profits to a nonprofit organization chosen by each customer upon signup. Lemonade uses artificial intelligence and chatbots to process claims.

lemonade.com

Total Amount Raised: $631,500,032

Lemonade Funding Rounds

  • Post Ipo Equity

    $150,000,000

    Post Ipo Equity Investors

    General Catalyst
  • IPO

    Unknown

  • Secondary Market

    $1,500,000

    Secondary Market Investors

    QD Ventures
    Mindrock Capital
    G Squared
    Veligera Capital
  • Series D

    $300,000,000

    Series D Investors

    SOFTBANK
    GV
    Thrive Capital
    General Catalyst
    Allianz
    OurCrowd
    Inventure Partners
    eBrands Partners
    LAUNCHBAY
  • Series C

    $120,000,000

    Series C Investors

    SOFTBANK
    GV
    Sequoia Capital Israel
    General Catalyst
    Tusk Ventures Partners
    Aleph
    Allianz
    Sound Ventures
  • Series B

    $34,000,000

    Series B Investors

    General Catalyst
    GV
    Tusk Ventures Partners
    Thrive Capital
    Sequoia Capital Israel
    Aleph
    XL Innovate
    Counterpart Advisors
    Generation Ventures
  • Series A

    $13,000,000

    Series A Investors

    XL Innovate
    Thrive Capital
  • Seed

    $13,000,000

    Seed Investors

    Aleph
    Sequoia Capital Israel
    Expansion Venture Capital
Funding info provided by Diffbot.