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Lemonade's annual recurring revenue 2017-2019, by quarter

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

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Source

Release date

November 2019

Region

Europe, United States

Survey time period

Q1 2017 to Q4 2019

Supplementary notes

* Value as of November 14, 2019.

Annual recurring revenue (ARR) is the revenue that a company can to be generated from yearly subscriptions.

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