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Lemonade Stock

insurance company powered by AI and behavioral economics

Founded

2015

Notable Investors

Sequoia Capital

Headquarters

New York NY, US

Total Funding

$481M

About Lemonade Stock

Lemonade is a property and casualty insurance company using a peer-to-peer model and providing insurance through a mobile application. Lemonade aims to provide a transparent insurance model. Customers pay an insurance fee for renters or home insurance, which is pooled among the policyholders. Lemonade pays out claims quickly and any leftover balance (after overhead, reinsurance, and claims payouts) is donated to charities policyholders care about. Lemonade claims on its website that it takes 90 seconds to be insured and 3 minutes to get paid from a claim. 

Lemonade was founded in 2015 and is based in New York, New York. 

Investors

Funding History

July 2015$13.0M
March 2016$13.6M
November 2016$34.1M
March 2018$120M
June 2019$300M

Management

Co-Founder & Chief Executive Officer

Daniel Schreiber

Co-Founder & Chief Operating Officer

Shai Wininger

Chief Financial Officer

Tim Bixby

Chief Insurance Officer

John Peters

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Lemonade or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

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