Lemonade, Inc.

Lemonade Announces Upsizing and Pricing of Public Offering of Common Stock

Thursday, January 14, 2021 - 1:41am

Lemonade, Inc. (Lemonade) (NYSE: LMND), the insurance company powered by artificial intelligence and behavioral economics, today announced the pricing of the underwritten public offering of 3,300,000 shares of its common stock by Lemonade (the Primary Offering) and 1,524,314 shares of its common stock by certain selling stockholders (the Secondary Offering and together with the Primary Offering, the Offering), at a price to the public of $165.00 per share.

Key Points: 
  • Lemonade, Inc. (Lemonade) (NYSE: LMND), the insurance company powered by artificial intelligence and behavioral economics, today announced the pricing of the underwritten public offering of 3,300,000 shares of its common stock by Lemonade (the Primary Offering) and 1,524,314 shares of its common stock by certain selling stockholders (the Secondary Offering and together with the Primary Offering, the Offering), at a price to the public of $165.00 per share.
  • The Offering was upsized from the previously announced offering size of 4,524,314 shares.
  • The underwriters will also have 30-day options to purchase up to an additional 723,647 shares of Lemonades common stock from Lemonade.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade Ends 2020 With Over One Million Active Customers

Thursday, December 31, 2020 - 1:46pm

Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has more than one million customers.

Key Points: 
  • Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has more than one million customers.
  • View the full release here: https://www.businesswire.com/news/home/20201231005145/en/
    Years Until One Million Customers (Graphic: Business Wire)
    Were proud to hit the one million customer mark so early in the life of the company, said Shai Wininger, Lemonade co-founder and COO.
  • At Lemonade, one million customers translates into billions of data points, which feed our AI at an ever-growing speed.
  • All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the anticipated impact of acquiring one million active customers.

 Lemonade Wins #FreeThePink Case Against Deutsche Telekom in France

Wednesday, December 16, 2020 - 6:13pm

Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has won a key ruling against Deutsche Telekom over the use of the color pink in France.

Key Points: 
  • Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has won a key ruling against Deutsche Telekom over the use of the color pink in France.
  • In deference to the court, Lemonade made the color changes in Germany, but in defiance of Deutsche Telekom, Lemonade set out to challenge the scope of their magenta trademark, starting in France and Germany, as well as very validity of their pan-European magenta trademark.
  • The French decision hopefully signals a turning point in the battle to stop trademark trolling by Deutsche Telekom and T-Mobile, said Daniel Schreiber, Lemonade CEO and cofounder.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade Launches in France

Tuesday, December 8, 2020 - 6:00am

Residents of France can now get renters insurance instantly, anytime, and from any device as well as file claims and get paid in seconds through the Lemonade app.

Key Points: 
  • Residents of France can now get renters insurance instantly, anytime, and from any device as well as file claims and get paid in seconds through the Lemonade app.
  • Home insurance is often legally required in France, which makes it a compelling opportunity for Lemonades next European country launch, said Daniel Schreiber, Lemonade CEO and co-founder.
  • Lemonade offers renters, homeowners, and pet health insurance in the United States, contents and liability insurance in Germany and the Netherlands, and renters insurance in France, through its full-stack insurance carriers.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade CEO Daniel Schreiber to Present at the Goldman Sachs Financial Services Conference

Monday, December 7, 2020 - 10:44pm

Daniel Schreiber, CEO and cofounder of Lemonade (NYSE: LMND), will present at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.

Key Points: 
  • Daniel Schreiber, CEO and cofounder of Lemonade (NYSE: LMND), will present at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.
  • The virtual fireside chat will be livestreamed here and a replay of the webcast will be available on investor.lemonade.com shortly after the event.
  • Lemonade CFO Tim Bixby will present at the Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 10, 2020.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade to Present at Morgan Stanley Virtual Life After Covid Thematic Conference

Friday, November 6, 2020 - 3:50pm

Lemonade, Inc. (NYSE: LMND) announced that Daniel Schreiber, CEO, will present at the Morgan Stanley Virtual Life After Covid Thematic Conference on Thursday, November 12, 2020 at 11:15 a.m.

Key Points: 
  • Lemonade, Inc. (NYSE: LMND) announced that Daniel Schreiber, CEO, will present at the Morgan Stanley Virtual Life After Covid Thematic Conference on Thursday, November 12, 2020 at 11:15 a.m.
  • Attendees may register for this virtual fireside chat here , and a replay of the webcast will be available on investor.lemonade.com shortly after the event.
  • A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback.
  • Lemonade is currently available for most of the United States, Germany and the Netherlands, and continues to expand globally.

Lemonade Announces Early Lock-up Expiration Extension

Tuesday, September 29, 2020 - 1:00pm

Therefore, in accordance with the lock-up agreements, the lock-up period with respect to 33% of the securities subject to each lock-up agreement will end one business day following the release of earnings for the third quarter, which date will be separately announced (the early lock-up expiration extension date).

Key Points: 
  • Therefore, in accordance with the lock-up agreements, the lock-up period with respect to 33% of the securities subject to each lock-up agreement will end one business day following the release of earnings for the third quarter, which date will be separately announced (the early lock-up expiration extension date).
  • The Company will also release the same portion of securities restricted under the market standoff agreements on the early lock-up expiration extension date.
  • A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback.
  • Lemonade is currently available for most of the United States, Germany and the Netherlands, and continues to expand globally.

Lemonade CFO Tim Bixby to Present at the Barclays Global Financial Services Conference

Wednesday, September 16, 2020 - 7:40pm

Tim Bixby, Chief Financial Officer of Lemonade (LMND), will present at the Barclays Global Financial Services Conference on Wednesday, September 16, 2020.

Key Points: 
  • Tim Bixby, Chief Financial Officer of Lemonade (LMND), will present at the Barclays Global Financial Services Conference on Wednesday, September 16, 2020.
  • Lemonade offers renters, homeowners, and pet health insurance in the United States, and contents and liability insurance in Germany and the Netherlands, through its full-stack insurance carriers.
  • A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback.
  • Lemonade is currently available for most of the United States, Germany and the Netherlands, and continues to expand globally.