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Lemonade

Updated Mar 24, 2026

Everything you need to know about Lemonade — from their $644M in funding to who's backing them.

🇮🇱IsraelPublicAI Finance

Out of 100

🇮🇱

HQ

Israel

🗓

Founded

2015

💰

Raised

$644M

🏷️

Stage

Public

👥

Team

500-1000

Lemonade operates an AI-powered insurance company that uses machine learning for underwriting, claims handling, and customer service, offering renters, homeowners, pet, and life insurance products through a fully digital platform with an AI claims processing system that can pay certain claims in seconds. The New York and Tel Aviv company operates as a licensed insurance carrier in the United

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Key Facts

  • Lemonade is valued at $1.5B as of March 2026.
  • Lemonade has raised a total of $644M in disclosed funding across 1 funding rounds.
  • Lemonade was founded in 2015 by Daniel Schreiber and is headquartered in Israel.
  • Lemonade employs approximately 500-1000 people.
  • Lemonade operates in the AI Finance category and is currently at the Public stage.
  • Lemonade has an Awaira Score of 77/100, ranking it among the tracked AI companies on Awaira.
  • Lemonade's most recent funding round was a Series D of $319M closed in April 2019, led by SoftBank Vision Fund.

Source: Awaira · Updated Mar 24, 2026

$1.5B

Post-money

$644M

All rounds

77/100

2015

500-1000 employees

Strengths

Unicorn status with $1.5B valuation

Strong Awaira Score of 77/100

Large team of 500-1000+ employees

Analysis based on publicly available data. Not investment advice.

⚠️ ESTIMATE
💵Est. Annual Revenue
$50M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Lemonade stack up against competitors?

MetricLemonadePerfiosZeta AIThought Machine
Awaira Score77/10090/10090/10085/100
Total Raised$644M$229M$430M$563M
Valuation$1.5B$1B$2B$2.7B
StagePublicSeries DSeries CSeries D
Founded2015200820152014
Employees500-1000500+1000+500-1000
Country🇮🇱🇮🇳🇮🇳🇬🇧
D

Daniel Schreiber

Founder & CEO

View founder profile →
StagePublic
Employees500-1000
Country🇮🇱 Israel
Connect
Inactive
1 round
Series DLatest

Led by SoftBank Vision Fund

$319M

Apr 2019

Frequently Asked Questions

What is Lemonade's valuation?
Based on the most recent funding round, the valuation sits at $1.5B.
Who invested in Lemonade?
Known backers include SoftBank Vision Fund, Allianz, General Catalyst. These investors have supported the company through various funding rounds.
When did Lemonade last raise funding?
A Series D of $319M represents the most recent capital raise in April 2019. The round was led by SoftBank Vision Fund.
How many employees does Lemonade have?
The team is roughly 500-1000 people, headquartered in Israel.
What does Lemonade do?
Lemonade operates an AI-powered insurance company that uses machine learning for underwriting, claims handling, and customer service, offering renters, homeowners, pet, and life insurance products through a fully digital platform with an AI claims processing system that can pay certain claims in seconds. The New York and Tel Aviv company operates as a licensed insurance carrier in the United States and selected European markets, retaining a fixed fee and donating unclaimed premiums to charities selected by policyholders. Founded in 2015, Lemonade is categorized under AI Finance.
Who founded Lemonade?
Daniel Schreiber established the company in 2015. It's based in Israel. Daniel Schreiber serves as Founder & CEO.
Is Lemonade profitable?
Profitability details aren't publicly disclosed. The company has raised $644M in total funding and is currently at the Public stage.
Where is Lemonade headquartered?
Headquarters are in Israel 🇮🇱. The company operates in the AI Finance sector and was established in 2015.
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