Lemonade is an India-based, internet-first luxury lifestyle e-commerce brand selling apparel, footwear, home decor and accessories online at what it calls 'honest prices.' It operates an asset-light, industry-first manufacturer-to-consumer (M2C) model that sources high-quality goods directly from export houses and factories that manufacture for global luxury labels (such as Hermes, Loro Piana, Ralph Lauren, Massimo Dutti and West Elm), shipping them to consumers without traditional brand markups and middlemen. The brand markets products at 50-80% below comparable luxury labels and offers wardrobe and home essentials including cashmere/silk scarves, satin and poplin dresses, leather shoes and sneakers, rugs, throws and bedspreads. Founded in April 2022 by Sambuddha Bhattacharya (CEO), Gokul Ramanujam and Anuja Mehta, Lemonade formally launched in 2023 after a beta period and is expanding internationally (US, UK, UAE, Australia).
Lemonade is publicly traded
IPO'd on July 1, 2020
This company is no longer available on our private secondary market. Shares can be traded publicly under LMND.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2022
Employees
700–900
Total Funding
$480M
5 rounds
Last Private Valuation
$2B
April 2019
Total raised $480M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series D
Date
April 2019
Amount
$300M
Valuation
$2B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| April 2019 | Series D | $300M | $2B | SoftBank |
| December 2017 | Series C | $120M | — | SoftBank |
| December 2016 | Series B | $34M | — | General Catalyst |
Sambuddha Bhattacharya
Founder & CEO
Gokul Ramanujam
Co-Founder
Anuja Mehta
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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Nationwide
Traditional incumbent insurer competing across auto, homeowners, and other property and casualty lines with agent and direct channels.
Yes, Lemonade is publicly traded under the ticker symbol LMND on the NYSE. The company went public in July 1, 2020.
Lemonade trades under the ticker symbol LMND on the NYSE. It began trading in July 1, 2020.
Lemonade (LMND on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker LMND to place an order.
Lemonade went public in July 1, 2020 via ipo, with an offering valuation of approximately $2B. Lemonade completed its IPO on July 1, 2020, on the New York Stock Exchange under ticker LMND, raising $319M at $29/share. The stock surged 139% on opening day to $67.44, valuing the company at ~$3.7B. As of May 2026, market cap stands at $5.42B with stock price at $70.94. Q1 2026 showed strong revenue growth of 71% YoY to $258M with improving profitability trajectory toward Q4 2026 EBITDA positive milestone.
Lemonade raised $480M across 5 disclosed funding rounds prior to its public listing.
Lemonade was co-founded by Sambuddha Bhattacharya, Gokul Ramanujam, and Anuja Mehta in 2022.
Lemonade is headquartered in Gurugram, Haryana, India.
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