Lemonade, which operates in the emerging insurance-tech vertical using artificial intelligence and chat bots to drive down costs, completed its Initial Public Offering in July 2020. The company priced its IPO at $29 per share, raising approximately $319 million at a market capitalization of approximately $1.6 billion.

Founded in 2015, Lemonade raised approximately $480 million during its time as a private company from Venture Capital investors including Champel Capital, eBrands.vc, G Squared, SoftBank, General Catalyst, GV, Thrive Capital, Tusk Ventures, and Expansion Venture Capital. Lemonade’s last private funding round was in April 2019, when it raised $300 million in a Series D with a post-money valuation of over $2 billion.

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Learn More About Lemonade

To invest in Lemonade pre-IPO

Can you invest in Lemonade pre-IPO?

You may invest in Lemonade as it is a public company listed on the NYSE with ticker LMND. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Lemonade before it goes public?

You can no longer sell shares of Lemonade on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Lemonade shares?

Forge can no longer determine the value of Lemonade shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Lemonade a publicly traded company?

Lemonade became a public company following its IPO on 07/02/2020 and is now traded on the NYSE under the ticker LMND.

To learn more about Lemonade potential IPO

Will Lemonade go IPO?

Lemonade became a public company following its IPO on 07/02/2020 and is now traded on the NYSE under the ticker LMND.

What is Lemonade’s IPO price?

The IPO price of Lemonade is not currently available.

When was Lemonade founded?

Lemonade was founded in 2015.

What is Lemonade funding to date?

Lemonade has raised $354.84MM to date.

Who are Lemonade’s major investors?

Sequoia Capital
GV
Thrive Capital
Aleph
Expansion Venture Capital

Lemonade Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
07/09/2019 Series D $175MM $xx.xx $2.1B Allianz X, General Catalyst, Gv, Ourcrowd, Softbank, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
4,146,292
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allianz X, General Catalyst, Gv, Ourcrowd, Softbank, Thrive Capital
03/20/2018 Series C $120.14MM $xx.xx $570MM Aleph, Allianz X, Annox Capital, General Catalyst Partners, Gv, Hanaco Venture Capital, Sequoia Capital Partners, Softbank, Sound Ventures, Thrive Capital, Tusk Ventures, Xl Innovate
Price per Share
$xx.xx
Shares Outstanding
8,703,846
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aleph, Allianz X, Annox Capital, General Catalyst Partners, Gv, Hanaco Venture Capital, Sequoia Capital Partners, Softbank, Sound Ventures, Thrive Capital, Tusk Ventures, Xl Innovate
12/02/2016 Series B $33.1MM $xx.xx $208MM Aleph, General Catalyst, Gv, Sequoia Capital Israel, Sound Ventures, Thrive Capital, Tusk Ventures, Visionary Private Equity Group, Xl Innovate
Price per Share
$xx.xx
Shares Outstanding
4,379,117
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aleph, General Catalyst, Gv, Sequoia Capital Israel, Sound Ventures, Thrive Capital, Tusk Ventures, Visionary Private Equity Group, Xl Innovate
08/23/2016 Series A $13.6MM $xx.xx $90MM Xl Innovate
Price per Share
$xx.xx
Shares Outstanding
3,328,774
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Xl Innovate
12/08/2015 Series Seed $13MM $xx.xx $33MM Aleph, Expansion Venture Capital, Sequoia Capital Israel
Price per Share
$xx.xx
Shares Outstanding
7,905,140
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aleph, Expansion Venture Capital, Sequoia Capital Israel
Updated on: Dec 21, 2024

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