Lemonade, Inc.
U.S. insurance company / From Wikipedia, the free encyclopedia
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Lemonade, Inc., is an American insurance company. The company offers renters' insurance, homeowners' insurance, car insurance, pet insurance, and term life insurance in the United States, as well as contents and liability policies in Germany and the Netherlands and renters' insurance in France. The company is based in New York City and has approximately 1.9 million customers.[3] Lemonade does not hire human employees to process claims for customers, instead using artificial intelligence and chatbots to process claims.[4][5][6]
Quick Facts Company type, Traded as ...
Company type | Publicly held benefit corporation |
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Industry | Insurance |
Founded | April 2015; 9 years ago (2015-04) |
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Headquarters | New York City |
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Products | |
Revenue | US$430 million (2023) |
US$ā230 million (2023) | |
US$ā237 million (2023) | |
Total assets | US$1.63 billion (2023) |
Total equity | US$709 million (2023) |
Number of employees | 1,258 (2023) |
Subsidiaries | Metromile |
Rating | A (Demotech)[1] |
Website | lemonade |
Footnotes / references [2] |
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