# Lemonade

**Source:** https://www.startuphub.ai/startups/lemonade
**Profile type:** Startup

> Digital insurance company using AI and behavioral economics to offer affordable, transparent, and socially impactful insurance.

## About

Lemonade is a tech-powered insurance company that offers homeowners, renters, pet, and car insurance. It utilizes AI and behavioral economics to provide a fast, transparent, and user-friendly experience, with a unique Giveback program that donates unused premiums to charities chosen by its customers.

## Key facts

- **Slug:** lemonade
- **Website:** https://www.lemonade.com/
- **Location:** New York, United States
- **Founded:** 2015-04-01 00:00:00
- **Employees:** 1425
- **Operating status:** Active
- **Total funding:** $770M
- **Sectors / tags:** Fintech, Insurance, Insurance Carrier, AI for Insurance, InsurTech, AI-Driven Parametric Insurance, Renters Insurance, Homeowners Insurance, Pet Insurance, Car Insurance, Behavioral Economics, Social Impact, API Platform
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/lemonade-inc-/
  - Twitter: https://x.com/lemonade_inc
  - Facebook: https://www.facebook.com/lemonade

## Frequently asked

### What does Lemonade do?

Lemonade is a tech-powered insurance company that offers homeowners, renters, pet, and car insurance. It utilizes AI and behavioral economics to provide a fast, transparent, and user-friendly experience, with a unique Giveback program that donates unused premiums to charities chosen by its customers.

### What is Lemonade's revenue?

StartupHub estimates Lemonade's annual revenue at $448.4M (range $347.8M to $517.3M, 63% confidence), based on comparable companies in the sector.

### What is Lemonade's valuation?

StartupHub estimates Lemonade's effective valuation at $1.6B (range $1.1B to $2.0B, 32% confidence), based on comparable companies in the sector.

### How much funding has Lemonade raised?

Lemonade has raised a total of $770M in funding.

### Where is Lemonade headquartered?

Lemonade is headquartered in New York, United States.

### When was Lemonade founded?

Lemonade was founded in 2015.

### What industry does Lemonade operate in?

Lemonade operates in Fintech, Insurance, Insurance Carrier, AI for Insurance, InsurTech, AI-Driven Parametric Insurance.

### How many employees does Lemonade have?

Lemonade has approximately 1425 people on record.

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