In the fourth quarter of 2019, insurance startup Lemonade saw its annual recurring revenue (ARR) grow by nearly 60 million U.S. dollars. That quarter, the ARR reached 104.4 million U.S. dollars - more than double the value in the fourth quarter of 2018. This milestone has been reached by the company in a very short time, with the company's ARR being only 0.8 million U.S. dollars in the first quarter of 2017. Lemonade is a provider of home and pet insurance in the U.S. and select European markets. The company aims to operate according to a high-tech and socially conscious business model.
Annual recurring revenue (ARR) of Lemonade from Q1 2017 to Q4 2019
(in million U.S. dollars)
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Lemonade. (November 14, 2019). Annual recurring revenue (ARR) of Lemonade from Q1 2017 to Q4 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/1190556/annual-recurring-revenue-lemonade/
Lemonade. "Annual recurring revenue (ARR) of Lemonade from Q1 2017 to Q4 2019 (in million U.S. dollars)." Chart. November 14, 2019. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/1190556/annual-recurring-revenue-lemonade/
Lemonade. (2019). Annual recurring revenue (ARR) of Lemonade from Q1 2017 to Q4 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/1190556/annual-recurring-revenue-lemonade/
Lemonade. "Annual Recurring Revenue (Arr) of Lemonade from Q1 2017 to Q4 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 14 Nov 2019, https://www.statista.com/statistics/1190556/annual-recurring-revenue-lemonade/
Lemonade, Annual recurring revenue (ARR) of Lemonade from Q1 2017 to Q4 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1190556/annual-recurring-revenue-lemonade/ (last visited May 17, 2022)
