Lemonade's net profit 2017-2021
Insurance startup Lemonade incurred further net losses in 2021, with figures decreasing by nearly 120 million U.S. dollars on a year-to-year basis. For 2021, the insurance startup Lemonade reported net losses of 241.3 million U.S. dollars. However, as a relatively new company in the insurtech sector, investors likely anticipate a loss at this stage of the company's maturity. 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.