OverviewSuggest Edit

Lemonade is a provider of a peer-to-peer insurance platform designed for renters and homeowners. It is powered by artificial intelligence and behavioral economics and utilizes bots and machine learning to create an insurance experience.
TypePublic
Founded2015
HQNew York, NY, US
Websitelemonade.com
Employee Ratings4.8
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)567(+73%)
Job Openings57
Revenue (FY, 2020)$94.4 M(+41%)
Share Price (Apr 2021)$93.9(+4%)
Cybersecurity ratingBMore

Key People/Management at Lemonade

Daniel Schreiber

Daniel Schreiber

CEO & Co-Founder
Shai Wininger

Shai Wininger

Co-Founder and President
Maya Cohen Prosor

Maya Cohen Prosor

VP Business Development
Dan Ariely

Dan Ariely

Chief Behavioral Officer
Tim Bixby

Tim Bixby

Chief Financial Officer
John S. Peters

John S. Peters

Chief Insurance Officer
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Lemonade Office Locations

Lemonade has offices in New York and Sioux Falls
New York, NY, US (HQ)
5 Crosby St 3rd floor
Sioux Falls, SD, US
1 Sammons Plaza
Show all (2)

Lemonade Financials and Metrics

Lemonade Revenue

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View revenue for all periods
Lemonade's revenue was reported to be $94.4 m in FY, 2020 which is a 40.3% increase from the previous period.
USD

Revenue (FY, 2020)

94.4m

Revenue growth (FY, 2019 - FY, 2020), %

40.3%

Gross profit (FY, 2020)

25.3m

Gross profit margin (FY, 2020), %

26.8%

Net income (FY, 2020)

(120.6m)

Market capitalization (23-Apr-2021)

5.5b

Closing stock price (23-Apr-2021)

93.9

Cash (31-Dec-2020)

571.4m
Lemonade's current market capitalization is $5.5 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

22.5m67.3m94.4m

Revenue growth, %

199%40%

Cost of goods sold

19.4m55.4m69.1m

Gross profit

3.1m11.9m25.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

11.0m13.8m19.0m26.2m29.9m17.8m

Cost of goods sold

9.8m12.1m14.9m21.5m24.5m10.2m

Gross profit

1.2m1.7m(14.9m)4.7m5.4m7.6m

Gross profit Margin, %

11%12%(78%)18%18%43%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

102.4m270.3m571.4m

Accounts Receivable

37.7m74.4m135.1m

Prepaid Expenses

1.5m1.0m91.3m

PP&E

1.0m3.1m5.7m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020

Cash

274.2m258.8m575.7m

Accounts Receivable

79.6m91.1m125.0m

Prepaid Expenses

100.0k86.2m

PP&E

3.4m4.3m5.1m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

(52.9m)(108.5m)(122.3m)

Depreciation and Amortization

100.0k600.0k1.7m

Accounts Payable

200.0k(800.0k)700.0k

Cash From Operating Activities

(40.8m)(78.1m)(91.7m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(21.6m)(44.7m)(75.8m)(36.5m)(57.5m)(88.4m)

Depreciation and Amortization

100.0k300.0k300.0k700.0k1.1m

Accounts Payable

(300.0k)(200.0k)(800.0k)200.0k100.0k300.0k

Cash From Operating Activities

(20.4m)(37.7m)(60.4m)(19.4m)(35.3m)(71.0m)
USDFY, 2018

Revenue/Employee

192.3k

Financial Leverage

-1.9 x
Show all financial metrics

Lemonade Operating Metrics

Lemonade's Customers was reported to be 1 m in FY, 2020.
Show all operating metrics

Lemonade Acquisitions / Subsidiaries

Company NameDateDeal Size
Lemonade Agency B.V.
Lemonade B.V.
Lemonade Insurance Agency, LLC
Lemonade Insurance Company
Lemonade Insurance N.V.
Lemonade Life Insurance Agency, LLC
Lemonade Ltd.

Lemonade Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Lemonade Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Lemonade Online and Social Media Presence

Embed Graph

Lemonade Company Culture

  • Overall Culture

    A+

    97/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Lemonade News and Updates

Lemonade adds car insurance, parks closer to being a one-stop shop

Summary List PlacementThe US-based insurtech opened the waitlist for Lemonade Car ahead of its launch later this year, per its press release. Lemonade has yet to release much detail on the new offering, but it says it will use technology to pay claims quickly and reward safe drivers with better pri…

Jigstack’s STAK IDO On Lemonade Will Happen On April 22

Jigstack (jigstack.org), the team elevating DeFi to new levels by making this industry more accessible than ever before, will organize their upcoming IDO token sale on April 22nd, 2021. The IDO will take place on Lemonade, the token launchpad under the broader Jigstack DAO umbrella. Jigstack (jigsta…

Smithworks® and Blake Shelton Launch a New Ready-To-Drink American-Brewed Hard Seltzer Lemonade

FORT SMITH, Ark., March 31, 2021 /PRNewswire/ -- Smithworks® by Pernod Ricard and country music artist Blake Shelton, announce the launch of Smithworks Hard Seltzer Lemonade today. Renowned for their award winning American-made vodka, Smithworks and Shelton now enter the ready-to-drink...

Alex's Lemonade Stand Foundation Awards More Than $18.5 Million to Recipients of Crazy 8 Initiative to Advance Pediatric Cancer Research

In the spirit of growing scientific collaboration, grants will provide support for four projects across 15 research institutions using cutting-edge technology to address crucial issues in pediatric cancer research

Pinkberry Reimagines Strawberry Lemonade as a Frozen Yogurt Flavor

SCOTTSDALE, Ariz., March 15, 2021 /PRNewswire/ -- Pinkberry® (www.Pinkberry.com), the beloved frozen yogurt concept, is celebrating the start of Spring with a refreshing new flavor, Strawberry Lemonade. This tart swirl will be available in stores for a limited time until May 20....

: Lemonade stock dials back gains on earnings, outlook

Lemonade Inc. LMND shares declined in the extended session Monday after the mobile-based insurance company beat on results but provided an underwhelming outlook for the current quarter. Lemonade shares declined 4.5% after hours, following a 5.3% rise in the regular session to close at $132.43. The c…
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Lemonade Frequently Asked Questions

  • When was Lemonade founded?

    Lemonade was founded in 2015.

  • Who are Lemonade key executives?

    Lemonade's key executives are Daniel Schreiber, Shai Wininger and Maya Cohen Prosor.

  • How many employees does Lemonade have?

    Lemonade has 567 employees.

  • What is Lemonade revenue?

    Latest Lemonade annual revenue is $94.4 m.

  • What is Lemonade revenue per employee?

    Latest Lemonade revenue per employee is $166.5 k.

  • Who are Lemonade competitors?

    Competitors of Lemonade include Cover, Slice Labs and Zelros.

  • Where is Lemonade headquarters?

    Lemonade headquarters is located at 5 Crosby St 3rd floor, New York.

  • Where are Lemonade offices?

    Lemonade has offices in New York and Sioux Falls.

  • How many offices does Lemonade have?

    Lemonade has 2 offices.