Lemonade
Lemonade is digital insurance built on social impact. That means you can sign up instantly to cover your stuff, home, pets, family and car all within one app. Learn more
Launch date
Employees
Market cap
$1.3b
Enterprise valuation
$1.0b (Public information from Sep 2024)
Share price
$18.22 LMND
New York City New York (HQ)
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 94.4m | 128m | 257m | 430m | 514m | 656m | 815m |
| % growth | 40 % | 36 % | 100 % | 67 % | 20 % | 28 % | 24 % |
| EBITDA | (98.0m) | (184m) | (225m) | (173m) | (156m) | (106m) | (53.9m) |
| % EBITDA margin | (104 %) | (143 %) | (88 %) | (40 %) | (30 %) | (16 %) | (7 %) |
| Profit | (122m) | (241m) | (298m) | (237m) | (215m) | (180m) | (121m) |
| % profit margin | (130 %) | (188 %) | (116 %) | (55 %) | (42 %) | (27 %) | (15 %) |
| EV / revenue | 67.4x | 20.2x | 3.7x | 2.0x | 2.7x | 2.1x | 1.7x |
| EV / EBITDA | -64.9x | -14.1x | -4.2x | -5.0x | -8.9x | -13.2x | -26.0x |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
$13.0m | Seed | ||
$13.0m | Series A | ||
$34.0m | Series B | ||
N/A | Late VC | ||
$1.6m | Late VC | ||
$120m Valuation: $500m | Series C | ||
$300m Valuation: $2.0b 88.9x EV/LTM Revenues | Series D | ||
$12.2m | Late VC | ||
| N/A | N/A | Secondary | |
| N/A | $319m Valuation: $1.6b 23.8x EV/LTM Revenues | IPO | |
* | $150m | Post IPO Equity | |
| Total Funding | $494m | ||
Related Content
Recent News about Lemonade
EditMore about Lemonadeinfo icon
EditLemonade is digital insurance built on social impact.
That means you can sign up instantly to cover your stuff, home, pets, family and car all within one app. It also means your unused premiums are donated to a charity of your choice through Lemonade’s Giveback, which has given over $4 million to non-profit organizations around the world.
See how we’re changing insurance, starting with everything.
