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, US
Websitelemonade.com
Employee Ratings4.9

Latest Updates

Employees (est.) (Mar 2020)329(+18%)
Job Openings32
Revenue (FY, 2019)$67.3 M(+200%)
Share Price (Sept 2020)$47.2 (-3%)
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 an office in New York
New York, US (HQ)
5 Crosby St 3rd floor
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Lemonade Financials and Metrics

Lemonade Revenue

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Lemonade's revenue was reported to be $67.30 m in FY, 2019 which is a 199.1% increase from the previous period.
USD

Revenue (Q1, 2020)

26.2m

Gross profit (Q1, 2020)

4.7m

Gross profit margin (Q1, 2020), %

17.9%

Net income (Q1, 2020)

(36.5m)

Market capitalization (15-Sept-2020)

2.7b

Closing stock price (15-Sept-2020)

47.2

Cash (31-Mar-2020)

274.2m
Lemonade's current market capitalization is $2.7 b.
Annual
USDFY, 2018FY, 2019

Revenue

22.5m67.3m

Revenue growth, %

199%

Cost of goods sold

19.4m55.4m

Gross profit

3.1m11.9m
Quarterly
USDQ1, 2019Q1, 2020

Revenue

11.0m26.2m

Cost of goods sold

9.8m21.5m

Gross profit

1.2m4.7m

Gross profit Margin, %

11%18%
Annual
USDFY, 2018FY, 2019

Cash

102.4m270.3m

Accounts Receivable

37.7m74.4m

Prepaid Expenses

1.5m1.0m

PP&E

1.0m3.1m
Quarterly
USDQ1, 2020

Cash

274.2m

Accounts Receivable

79.6m

Prepaid Expenses

100.0k

PP&E

3.4m
Annual
USDFY, 2018FY, 2019

Net Income

(52.9m)(108.5m)

Depreciation and Amortization

100.0k600.0k

Accounts Payable

200.0k(800.0k)

Cash From Operating Activities

(40.8m)(78.1m)
Quarterly
USDQ1, 2019Q1, 2020

Net Income

(21.6m)(36.5m)

Depreciation and Amortization

300.0k

Accounts Payable

(300.0k)200.0k

Cash From Operating Activities

(20.4m)(19.4m)
USDFY, 2018

Revenue/Employee

234.6k

Financial Leverage

-1.9 x
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Lemonade Operating Metrics

Lemonade's Customers was reported to be 729.3 k in Q1, 2020.
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Lemonade Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

SecurityScorecard logo

Lemonade Online and Social Media Presence

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Lemonade News and Updates

How 7 lawyers landed jobs as general counsel at fintechs like Lemonade, Toast, and Stash.

In-house gigs at companies are often highly coveted among young lawyers seeking to zero in on a single business and finding generally better work-life balance. Fintechs especially rely on their general counsel to provide legal advice, as they tend to operate in complex regulatory landscapes. Seven…

Lemonade stock declines following first public quarterly results

Lemonade Inc. shares declined in the extended session Tuesday as the mobile-based insurance company reported its first quarterly results a little over a month after its initial public offering. Lemonade shares declined 4.3% after hours, following a 6.9% drop in the regular session to close at $62.7…

Lemonade stock falls 7.6% as Goldman initiates coverage with a sell rating

Goldman Sachs initiated coverage of Lemonade Inc. stock on Monday with a sell rating and $44 price target with analysts saying the insurer's risk profile is not reflected in its valuation. The company went public in early July at $29, and promptly soared 139% in its trading debut, marking the best …

Lemonade has launched pet insurance following a successful IPO

This story was delivered to Insider Intelligence Fintech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here. The US-based full-stack prope…

Lemonade launches pet insurance

Lemonade today launched pet insurance, marking its entry into a new vertical of insurance for the first time since it launched its renters/home owners insurance in 2016. Lemonade CEO Daniel Schreiber told TechCrunch back in February that some 70 percent of Lemonade customers with a home owners or re…

Lemonade stock squeezes out a second day of huge post-IPO gains

Lemonade Inc. shares had a second strong day of trading Monday following the mobile-based insurance startup launched its initial public offering late Wednesday. Lemonade shares recently touched an intraday high of $96.51 and were last up 31% at $91.17. On Thursday, Lemonade shares skyrocketed to cl…
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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 329 employees.

  • What is Lemonade revenue?

    Latest Lemonade annual revenue is $67.3 m.

  • What is Lemonade revenue per employee?

    Latest Lemonade revenue per employee is $204.6 k.

  • Who are Lemonade competitors?

    Competitors of Lemonade include Cover, Slice Labs and Spixii.

  • Where is Lemonade headquarters?

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

  • Where are Lemonade offices?

    Lemonade has an office in New York.

  • How many offices does Lemonade have?

    Lemonade has 1 office.