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

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What is Lemonade's IPO price?

Lemonade's IPO price is $16 as of 1/18/24.
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What is Lemonade's funding to date?

Lemonade has raised $354.84MM to date.
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When was Lemonade founded?

Lemonade was founded in 2015.

Who are Lemonade's major investors?

GV
Thrive Capital
Aleph
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
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Updated on: May 21, 2024

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