Sections

    1. Investment Snapshot

    2. Price Chart

    3. Valuation & Price Target

    4. Business & Product Moat

    5. Market & Macro

    Discussion


Investment Snapshot
Price Chart
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion

Lemonade, Inc.

Investment Snapshot

Symbol

LMND

IPO Date (Actual)

2020-07-01

Offer Range

—

Shares Offered

11.0M

Total Shares Post-IPO

65.9M

Market Cap

—

Target Price
$00.00

Implied Upside vs Midpoint

$00.00

Use of Proceeds

—

Price Chart

Historic Price Chart - LMND
Valuation & Price Target

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Business & Product Moat

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Competitor Set
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Market & Macro

Sector context: Fire, Marine & Casualty Insurance

Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.

Median IPO open → current
-13.9%
win 0% · n=2
Median first month
-13.7%
win 0% · n=2
CompanyIPO DateOpen → CurrentFirst Month

SLDE

Slide Insurance Holdings, Inc.
2025-06-18-12.2%-12.5%

ASIC

Ategrity Specialty Insurance Co Holdings
2025-06-11-15.5%-14.9%

Discussion