Lemonade Capital — Full Portfolio

BetterUp provides an AI-powered coaching and professional development platform that helps organizations support employee growth and wellbeing.

AI & Machine LearningEnterprise SoftwareFuture of WorkHR TechSaaSWellness & FitnessAustin, US

ARAlexi Robichaux(Founder)inEMEduardo Medina(Founder)inEddie Medina(Founder)Will Kohler(Director)David Hatfield(Director)Emily Melton(Director)

Co-investorsAFAfore CapitalAUAurumCACarnrite VenturesCOConvergeCRCrew CapitalCRCrosslink Capital+26 more

Birdies designs and sells chic, comfort-focused footwear including flats, slides, sneakers, and sandals for women.

ConsumerDirect to ConsumerSanta Monica, US

BGBianca Gates(Executive Officer, Director)inMSMarisa Sharkey(Executive Officer, Director)inDaniel Philip Nicholls(Executive Officer, Director)

Co-investorsSLSlow VenturesFOForerunner VenturesNONorwest Venture Partners

Calm is a mental health app offering guided meditations, sleep stories, soundscapes, and stress-relief tools designed to help users manage anxiety, improve sleep, and build healthy habits for overall wellness.

HealthtechMental HealthWellness & FitnessMiami, US

ATAlex Tew(Founder)inMAMichael Acton Smith(Founder)inDKDavid Ko(CEO)

Co-investorsACAcumen AmericaBRBrighter CapitalCHCherubic VenturesCOConnect VenturesELElefundEQEQUIAM+25 more

Repurpose sells plant-based compostable trash bags and disposable products made without PFAS and BPA, positioned as durable, non-toxic alternatives to conventional plastic goods for household use.

Circular EconomyConsumerDirect to Consumer

Co-investorsSASafer Made

Dipsea produces audio stories with professional writers and narrators, offering erotic and romantic audio content for adult listeners.

ConsumerMedia & EntertainmentWellness & Fitness

Co-investorsGAGaingelsSWSWAT Equity PartnersSPSpringbank

Fabric is a mobile app that records and organizes a user's locations, activities, and social interactions into a personal log, allowing users to track where they've been and review associated photos and notes.

ConsumerSocialSan Francisco, US

AVArun Vijayvergiya(CEO)inNVNikolay Valtchanov(Founder)in

Co-investorsY Y CombinatorBEBessemer Venture PartnersHOHouseSASamsung VenturesSCScrum VenturesSLSlow Ventures+1 more

Guild operates a global education benefits platform that connects employees to a curated learning marketplace, 1:1 coaching, and analytics so employers can develop talent, fill critical roles, and build internal mobility.

EdTechFuture of WorkHR TechDenver, US

BSBrittany Stich(Founder)inRachel Carlson(Cofounder)Chandler K.inGREG SIEGEL(Executive Officer)RACHEL ROMER CARLSON(Executive Officer, Director, Promoter)NATALIE MCCULLOUGH(Executive Officer)

Co-investorsABAbbhi CapitalBEBessemer Venture PartnersBUBuilders + BackersCOCowboy VenturesFEFelicis VenturesGEGeneral Catalyst+33 more

Hint makes zero-sugar flavored water sold directly to consumers, offered in 25 fruit flavors with a subscription option.

ConsumerDirect to ConsumerE-commerceFoodTechSan Francisco, US

KGKara Goldin(Executive Officer, Director)inTGTheo Goldin(Executive Officer, Director)in

BoardEric Melloul(Director)Kenneth R. Sadowsky(Director)Julio Pekarovic(Director)

Co-investorsOWOwl CapitalSISiddhi CapitalSUSusquehanna Growth EquityTHThe Perkins FundVEVerlinvestWEWestern Technology Investment+2 more

Seattle-based marketplace connecting property managers and home warranty providers with vetted repair contractors.

Seattle, US

RMRishi Mathew(Founder)in

Co-investorsASAscend Venture CapitalPEPender VenturesSESeaChangeTETechstarsUNUnlock Venture PartnersASAscend

Luminist Labs provided a non-invasive test to identify and assess the progression of liver fibrosis and NASH in patients.

HealthtechMedical DevicesNew York City, US

SSStorm Stillman(CEO)inALAlex Levy(Advisor)inWOWill Olsen(COO)inSamantha Friedman(Chief Scientific Officer)

Co-investorsY Y CombinatorAMAME Cloud VenturesKHKhosla VenturesMOMorado Ventures

Notable Labs operates an automated laboratory that tests combinations of existing drugs against individual patients' blood cancer cells to identify effective treatment options for patients whose cancers have become resistant to standard therapies.

BiotechHealthtechMedical DevicesSan Francisco, US

MDMatthew De Silva(CEO)inPQPete Quinzio(Founder)inConnor Warnock(Senior Engineer)Van Duesterberg(Science Consultant)Omid Karkouti(Vice President of Business Development)Scott Patterson(Vice President of Engineering)

Co-investors1111.2 CapitalALAlumni VenturesBUBuilders VCFUFundersClubGAGaingelsHEHemisphere Ventures LLC+30 more

Outreach is a sales engagement platform, founded in 2014, that helps sales teams manage customer outreach and improve revenue outcomes.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSSales TechSeattle, US

MMManny Medina(Founder)inManuel Medina(Founder)Wesley Hather(Executive Officer, Director)AKAndrew Kinzer(Founder)inGHGordon Hempton(Founder)inWHWes Hather(Founder)in

Co-investorsDFDFJSASalesforce VenturesSASands Capital Ventures40408 VenturesALAliya Capital PartnersBOBonfire Ventures+20 more

Overview AI builds AI-powered vision systems that detect manufacturing defects in real-time across production lines, learning and adapting to any product within hours.

Advanced ManufacturingAI & Machine LearningDeep TechIoTRoboticsSan Francisco, US

AAAustin Appel(Founder)inRNRussell Nibbelink(Founder)inCVChristopher Van Dyke(Founder)inXKXiaoyang Kao(Founder)inDaniel Chen(GTM)Sarah Ham(Future COO)

Co-investorsALAlumni VenturesARArray Ventures Management LlcBLBlumberg CapitalCOCorrelation VenturesGVGV (Google Ventures)HOHomebrew+13 more

Owlet develops baby sleep monitoring devices and software that provide real-time wellness insights for infants.

ConsumerHealthtechIoTLehi, US

KWKurt Workman(Founder)inJMJordan Monroe(Founder)inSPENCER TAYLOR(Executive Officer)in

BoardLSLIOR SUSAN(Director)inEDWARD SCAL(Director)

Co-investors3737 AngelsENEniac VenturesIPIPD CapitalOWOwl CapitalR/R/GA VenturesRTRTP Global+11 more

Perlara is a biopharmaceutical company that develops treatments for ultra-rare genetic diseases using yeast-based disease modeling and drug repurposing strategies.

BiotechDeep TechHealthtechMedical DevicesSan Francisco, US

EPEthan Perlstein(CEO)in

BoardMatthew Wilsey(Director)Linda Avey(Director)

Co-investorsY Y CombinatorAGAgrolimen VenturesHAHaystackHOHomebrewMIMicroVenturesNONovartis Institute for Biomedical Research+2 more

Raptor Maps provides AI-powered analytics and automation software for solar plant operations, helping owners, operators, and engineers reduce costs and losses through visual data analysis and autonomous drone inspections.

Advanced ManufacturingAgTechAI & Machine LearningClimate TechBoston, US

NVNikhil Vadhavkar(President and CEO)inEOEddie Obropta(CTO)inForrest Meyen(Founder)Courtney Strauss(Business Operations Manager)Assaf Weinberg(Head of Engineering)Elizabeth Bennett(People Operations Coordinator)

Co-investorsARArgonautic VenturesBLBlue Bear Capital PartnersBUBuoyant Ventures Management, LlcCLClean Energy VentureCOCongruent VenturesDAData Point Capital+17 more

Tukwila, US

Christie Lagally(Executive Officer, Director)Kristie Middleton(Executive Officer, Director)EMElzbieta Madej(Director)in

BoardMMMike Miller(Director)inOwen Gunden(Director)Yongbai Choi(Director)

Co-investorsBLBlue Horizon CorporationFIFifty YearsLILiquid VenturesSESentient Ventures

Shelf Engine developed automated demand forecasting and ordering technology for grocery retailers, using machine learning to predict sales of perishable goods and reduce food waste.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSeattle, US

SKStefan Kalb(CEO)inBJBede Jordan(CTO)inATAre Traasdahl(CEO/Founder)inDLDag Liodden(CPO/Founder)inDeb Nielsen(Human resources)Sasha Martin(Head of Recruiting)

Co-investorsGEGeneral CatalystINInitialized CapitalNONotable CapitalPLPLUS CapitalSOSoma CapitalVEVentureSouq+13 more

San Francisco, US

WHWill Houghteling(Executive Officer, Director)

Substack is a publishing platform that allows writers to create newsletters, cultivate audiences, and earn revenue through reader subscriptions.

Enterprise SoftwareMarketing TechMarketplacesSan Francisco, US

CBChris Best(CEO)inJSJairaj Sethi(CTO)inHMHamish McKenzie(COO)inChris Mueller(Engineering Manager)GBGabriel Birnbaum(Product Designer)inAmanda Adams(Engineering Manager)

Co-investorsANAndreessen HorowitzBOBond Capital ManagementCOConnetic VenturesFUFundersClubGAGarage CapitalGEGeneral Catalyst+15 more

The Athletic is a sports media platform that provides news, analysis, and commentary covering professional and college sports.

ConsumerMedia & EntertainmentSports TechSan Francisco, US

AMAlex Mather(CEO)inAHAdam Hansmann(COO)inBalen GoreGQGeorge Quraishi(Managing Editor, Soccer)inAndrew Pineda(Recruiter)David Wake(Business Operations Manager)

Co-investorsADAdvancit CapitalCOComcast VenturesCOCourtside VenturesFOFounders FundJAJackson Square VenturesLULuminari Capital+15 more

Tipe is a headless content management system designed for developers, offering schema-based content modeling and framework integrations for building web applications.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareSaaSSan Francisco, US

SMScott Moss(CEO)inMMMichael Moss(CPO)inPSPatrick Stapleton(CTO)inLauren Tran(Recruiter)

Co-investorsY Y CombinatorCRCRV (Charles River Ventures)HAHack VCM M VenturesMAMaC Venture CapitalPRPrecursor Ventures

True Link provides financial cards designed to protect vulnerable individuals, particularly elderly people, from fraud and financial abuse while enabling greater independence.

ConsumerFintechNew York City, US

KSKai Stinchcombe(CEO)inCMClaire McDonnell(COO)inKhanh Tran(People Operations Associate)Jerod Laughlin(CMO)

BoardFRFrank Rotman(Director)in

Co-investorsALAlumni VenturesCECentana Growth PartnersCECentana PartnersCOCollaborative FundDEDeciensGEGenerator Ventures+17 more

Writer offers an enterprise AI platform where companies build and delegate work to AI agents that carry out tasks end-to-end using a company's own context, standards, and brand guidelines.

AI & Machine LearningEnterprise SoftwareMarketing TechSan Francisco, US

MHMay Habib(Founder)inWAWaseem AlShikh(Founder)in

BoardWhitney Bouck(Director)Sandesh Patnam(Director)Robert Toews(Director)J Zachary Stein(Director)

Co-investorsACAcrew CapitalALAltra VentureANAngel Collective Opportunity FundB B Capital GroupB4B4 CapitalBABalderton Capital+28 more