Brazil · Funded startup

Who invested in Lemonade

6 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIFintechInsurtech

Raised 5 months ago

Funding summaryUpdated 26 Oct 2026

$637Mraised across 6 rounds since 2012, from 6 sources

$33MRound$34MSeries B$120MSeries C$300MSeries D$150MDebt
Latest round
Debt, $150MJun 2026
Biggest round
$300MSeries D · Apr 2019
Investors
18 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20122014201620182020202220242026
?Seed$33MRound$34MSeries B$120MSeries C$300MSeries D$150MDebt
First round
Seed
Apr 2012
Biggest round
$300M
Series D · Apr 2019
Usual gap between rounds
16 months
the median of 5

The rounds

  1. Jun 2026
    Debt$150M4 returning

    Source recorded

  2. Apr 2019
    Series D$300M2 new4 returning

    Reported by FinSMEsSEC filing: $18B sold, first sale Jun 2019

  3. Dec 2017
    Series C$120M5 new4 returning

    Reported by FinSMEsSEC filing: $120M sold, first sale Mar 2018

  4. Dec 2016
    Series B$34M1 returning

    Reported by FinSMEsSEC filing: $33M sold, first sale Nov 2016

  5. Feb 2016
  6. Apr 2012
    SeedAmount undisclosed

    No investor was named in the report.

    From a historical funding record

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

General CatalystVC firm5rounds, led 1
Google VenturesCorporate VC3rounds
Thrive CapitalFamily office3rounds
Sequoia CapitalVC firm2rounds
AllianzCorporate VC2rounds
XL InnovateInvestment firm2rounds
Alephno record of our own yet2rounds
OurCrowdno record of our own yet2rounds
SoftBank BB CorpCompany1round, led 1
Thrive CapitalAccelerator1round
Tusk VenturesCorporate VC1round
ME Cloudno record of our own yet1round
SoftBank Group/ Alephno record of our own yet1round
Soundno record of our own yet1round
Tuskno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 12 firms list Lemonade as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Left Lane CapitalVC firmPer its own site
Tusk VenturesVC firmPer its own site
Digital HorizonVC firmPer its own site
Annox CapitalVC firmPer its own site
ConduitAcceleratorPer its own site
Digital Horizon VCVC firmPer its own site
Golden Falcon CapitalVC firmPer its own site
Grays Peak CapitalAsset managerPer its own site
RM Venture PartnersVC firmPer its own site
Redbeard VenturesAngel networkPer its own site
Thompson Hutton, LLCInvestorPer its own site
Veligera CapitalVC firmPer its own site

Quick answers about Lemonade

Who invested in Lemonade?

Lemonade's investors include General Catalyst, Google Ventures, Thrive Capital, Sequoia Capital and Allianz, and 13 more on record.

How much has Lemonade raised?

Lemonade has raised $637M across 6 rounds since 2012. One round did not disclose an amount, so the total is a floor.

When did Lemonade last raise?

Lemonade's most recent round was a Debt of $150M in Jun 2026.

What was Lemonade's biggest round?

Lemonade's largest round on record is $300M (Series D), in Apr 2019, led by SoftBank BB Corp.

Who backed Lemonade first?

Lemonade's first round on record, in Feb 2016, was backed by General Catalyst, Sequoia Capital and New Enterprise Associates and 8 others.

What stage is Lemonade at?

Lemonade's latest named round is a Debt, in Jun 2026.

Where is Lemonade based?

Lemonade is based in Brazil.

Who led Lemonade's rounds?

General Catalyst led the funding round in 2016; SoftBank BB Corp led the Series D in 2019.

Companies like Lemonade

In the same sector, and raised in the last eighteen months.

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