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.

Register for Details

For more details on financing and valuation for Lemonade, register or login.

Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Learn more about Lemonade

Forge green plus iconForge green minus icon

What is Lemonade's IPO price?

Lemonade's IPO price is $16 as of 1/18/24.
Forge green plus iconForge green minus icon

What is Lemonade's funding to date?

Lemonade has raised $354.84MM to date.
Forge green plus iconForge green minus icon

When was Lemonade founded?

Lemonade was founded in 2015.

Who are Lemonade's major investors?

Thrive Capital
Expansion Venture Capital

Lemonade Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
7/9/2019 Series D $175MM raised $XXX.XX $XXX.XX
3/20/2018 Series C $120.14MM raised $XXX.XX $XXX.XX
12/2/2016 Series B $33.1MM raised $XXX.XX $XXX.XX
8/23/2016 Series A $13.6MM raised $XXX.XX $XXX.XX
12/8/2015 Series Seed $13MM raised $XXX.XX $XXX.XX
Based on primary financings
Powered by Forge Data
Updated on: May 21, 2024


Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.