The Short Thesis for Lemonade

Lacking evidence of AI capability, flawed financial planning and little management credibility.

The Company

$LMND was founded in 2015 with the ambition to disrupt the insurance industry through automation and digitization of the customer onboarding, policy administration and claims management process. As of today, the company offers renters’, homeowners’, car, pet and term life insurance. They went public in July 2020 and have heavily targeted reta…