Lemonade, Inc.
Lemonade, Inc. is an AI-native property and casualty insurtech company headquartered in New York City, New York. Founded in 2015, the company's mission is to create the world's most loved insurance through technology and social impact, operating as a Public Benefit Corporation and certified B-Corp.
Lemonade offers a suite of digital insurance products, including renters, homeowners, car, pet, and term life insurance. The company leverages artificial intelligence, machine learning, and behavioral economics to provide an app-first user experience, enabling instant policy issuance and near-real-time claims settlement through chatbots. Its operations span the United States and select European markets, including Germany, the Netherlands, France, and the United Kingdom.
In Q1 2026, Lemonade reported significant financial momentum, with revenue surging 71% year-over-year and gross profit increasing by 159%, while narrowing its net loss. The company is targeting positive adjusted EBITDA by Q4 2026 and full-year adjusted EBITDA profitability in 2027. Recent strategic initiatives include the expansion of its Autonomous Car insurance product to additional states like Colorado and Indiana in 2026, and a renewed reinsurance program designed to retain a larger share of premiums. Daniel Schreiber serves as co-CEO and Chairman, with Shai Wininger as co-CEO and President.
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