# Lemonade funding: rounds and investors > Lemonade has raised $637M across 6 rounds since 2012. Investors include General Catalyst, Google Ventures and Thrive Capital. Every round with its source. Source: https://millionrounds.com/company/lemonade (Millionrounds; every figure on the page links to its filing or article) Brazil · [Funded startup](https://millionrounds.com/companies) # 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. AI Fintech Insurtech Raised 5 months ago Funding summary Updated 26 Oct 2026 **$637M** raised across 6 rounds since 2012, from 6 sources **$33M** Round **$34M** Series B **$120M** Series C **$300M** Series D **$150M** Debt - **Latest round:** Debt, $150M Jun 2026 - **Biggest round:** $300M Series 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. 2012 2014 2016 2018 2020 2022 2024 2026 **?** Seed **$33M** Round **$34M** Series B **$120M** Series C **$300M** Series D **$150M** Debt - **First round:** Seed - **Biggest round:** $300M - **Usual gap between rounds:** 16 months ## The rounds - **Jun 2026** Debt **$150M** *4 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Aleph OurCrowd Source recorded - **Apr 2019** Series D **$300M** *2 new* *4 returning* [SoftBank BB Corp](https://millionrounds.com/fund/softbank) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Google Ventures](https://millionrounds.com/fund/gv) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Allianz](https://millionrounds.com/fund/allianz) OurCrowd Reported by FinSMEs SEC filing: $18B sold, first sale Jun 2019 - **Dec 2017** Series C **$120M** *5 new* *4 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Google Ventures](https://millionrounds.com/fund/gv) [Thrive Capital](https://millionrounds.com/fund/thrive-capital) [Allianz](https://millionrounds.com/fund/allianz) [XL Innovate](https://millionrounds.com/fund/xl-innovate) SoftBank Group/ Aleph Sound Tusk Reported by FinSMEs SEC filing: $120M sold, first sale Mar 2018 - **Dec 2016** Series B **$34M** *1 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) Reported by FinSMEs SEC filing: $33M sold, first sale Nov 2016 - **Feb 2016** Round **$33M** *11 new* [General Catalyst](https://millionrounds.com/fund/general-catalyst) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Google Ventures](https://millionrounds.com/fund/gv) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) [Aleph Capital Partners](https://millionrounds.com/fund/aleph) [Tusk Ventures](https://millionrounds.com/fund/tusk-ventures) [XL Innovate](https://millionrounds.com/fund/xl-innovate) ME Cloud Source recorded - **Apr 2012** Seed **Amount 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. **Seed** 2012 **Round** 2016 **Series B** 2016 **Series C** 2017 **Series D** 2019 **Debt** 2026 [General Catalyst](https://millionrounds.com/fund/general-catalyst) L [Google Ventures](https://millionrounds.com/fund/gv) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Allianz](https://millionrounds.com/fund/allianz) [XL Innovate](https://millionrounds.com/fund/xl-innovate) Aleph OurCrowd [SoftBank BB Corp](https://millionrounds.com/fund/softbank) L [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) ## Everyone who backed them [General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **5** rounds, led 1 [Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **3** rounds [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **3** rounds [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds [Allianz](https://millionrounds.com/fund/allianz) Corporate VC **2** rounds [XL Innovate](https://millionrounds.com/fund/xl-innovate) Investment firm **2** rounds Aleph no record of our own yet **2** rounds OurCrowd no record of our own yet **2** rounds [SoftBank BB Corp](https://millionrounds.com/fund/softbank) Company **1** round, led 1 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) VC firm **1** round [Thrive Capital](https://millionrounds.com/fund/thrive-capital) Accelerator **1** round [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) VC firm **1** round [Tusk Ventures](https://millionrounds.com/fund/tusk-ventures) Corporate VC **1** round ME Cloud no record of our own yet **1** round SoftBank Group/ Aleph no record of our own yet **1** round Sound no record of our own yet **1** round Tusk no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=lemonade). ## 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 Capital](https://millionrounds.com/fund/left-lane-capital) VC firm Per its own site [Tusk Ventures](https://millionrounds.com/fund/tusk-venture-partners) VC firm Per its own site [Digital Horizon](https://millionrounds.com/fund/digital-horizon-vc) VC firm Per its own site [Annox Capital](https://millionrounds.com/fund/annox-capital) VC firm Per its own site [Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site [Digital Horizon VC](https://millionrounds.com/fund/digital-horizon-vc-2) VC firm Per its own site [Golden Falcon Capital](https://millionrounds.com/fund/golden-falcon-capital) VC firm Per its own site [Grays Peak Capital](https://millionrounds.com/fund/grays-peak-capital) Asset manager Per its own site [RM Venture Partners](https://millionrounds.com/fund/rm-venture-partners) VC firm Per its own site [Redbeard Ventures](https://millionrounds.com/fund/red-beard-ventures) Angel network Per its own site [Thompson Hutton, LLC](https://millionrounds.com/fund/thompson-hutton-llc) Investor Per its own site [Veligera Capital](https://millionrounds.com/fund/veligera-investment-group) VC firm Per 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. [**Freedom** Oct 2026](https://millionrounds.com/company/freedom)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**MineMind** $1.0M · Oct 2026](https://millionrounds.com/company/minemind)[**Tractian** $250M · Oct 2026](https://millionrounds.com/company/tractian)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)[**Agibank** $920M · Oct 2026](https://millionrounds.com/company/agibank) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app