2020–present
In April 2020, the company launched in the Netherlands.[17]
On July 1, 2020, the company became a public company via an initial public offering. The company sold 11,000,000 shares of its common stock, each share priced at $29.00, under the ticker symbol "LMND" on the New York Stock Exchange.[18]
In December 2020, it began offering insurance in France.[19][20] It also won a trademark dispute with T-Mobile over the use of the color pink.[21]
In May 2021, short-seller Carson Block wrote a letter to Lemonade co-founder and chief executive Daniel Schreiber sharing details of an “accidentally discovered” security flaw that exposed Lemonade customers’ personally identifiable account data. Block wrote that the bug was “unforgivably negligent,” and that his firm was shorting the company's stock “because it is clear Lemonade does not give a fuck about securing its customers’ sensitive personal information."[22][23]
In November 2021, the company announced that it would fully acquire Metromile, Inc.[24] The acquisition completed on July 29, 2022, following which Lemonade laid off 20% of Metromile's staff.[25]
In January 2026, Lemonade partnered with Tesla to launch the Lemonade Autonomous Car Insurance, a first-of-its-kind offering designed specifically for self-driving cars.[26]
