Investors / United States / Lemonade Capital

Lemonade Capital

Venture capital · San Francisco, CA, United States · North America

lemonadecapital.comTakes pitches from founders

Lemonade Capital is a San Francisco based venture capital firm. It focuses primarily on technology investments in early and growth stages across North America.

Invests inAI & Machine LearningConsumerEnterprise Software

In its own wordstechnologyearly stagegrowth stagenorth america

Follow

CompareAPI

Your fit with Lemonade Capital

Four questions about your startup

72Strong fit

See how your round matches what it backs, point by point.

Check your fit

Or find every investor that fits

Lemonade Capital lists 15 checked portfolio companies on its own site. Its largest themes are AI & Machine Learning (21%), Consumer (17%) and Enterprise Software (17%). 100% of its companies are based in United States. It invests most often alongside Y Combinator, General Catalyst and Lightspeed Venture Partners.

No funding round on record names Lemonade Capital yet, so the figures come from its portfolio page.

Round figures show recent activity, not Lemonade Capital's whole history. Rounds on record name 0 companies; its own site lists 15. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.

Investment themes

share of its checked companies

AI & Machine Learning 21%Consumer 17%Enterprise Software 17%E-commerce & Marketplaces 13%Human Resources 8%Healthcare & Biotech 8%Food & Agriculture 4%Industrial & Manufacturing 4%

This firmAll checked companies

Show as a table

Investment themes

	This firm	All checked companies
AI & Machine Learning	21%	18%
Consumer	17%	3%
Enterprise Software	17%	8%
E-commerce & Marketplaces	13%	6%
Human Resources	8%	1%
Healthcare & Biotech	8%	15%
Food & Agriculture	4%	3%
Industrial & Manufacturing	4%	7%

Invests most often with

firms sharing its portfolio companies

Y Combinator 4General Catalyst 3Lightspeed Venture Partners 3Salesforce Ventures 3The Perkins Fund 3Bonfire Ventures 2Duro Ventures 2Initialized 2

Show as a table

Co-investors

	Share
Y Combinator	4
General Catalyst	3
Lightspeed Venture Partners	3
Salesforce Ventures	3
The Perkins Fund	3
Bonfire Ventures	2
Duro Ventures	2
Initialized	2

All co-investors

Investor profile

percentile among all firms

Show as a table

Lemonade Capital compared with all firms

Measure	Percentile of all firms	Value
Portfolio size	44th	17 companies
Recent activity	46th	0 rounds in 12 months
Early stage	54th	0% of entries at pre-seed or seed
Evidence	52th	0% of companies confirmed by a round
Sector focus	19th	21% in its largest sector
Reach	19th	1 country

Compare Lemonade Capital head to head

portfolio size, rounds, entry stages, themes and the companies both back

vs Y Combinator4 shared companies→vs General Catalyst3 shared companies→vs Lightspeed Venture Partners3 shared companies→vs Salesforce Ventures3 shared companies→vs The Perkins Fund3 shared companies→vs Bonfire Ventures2 shared companies→

Compare

Three or more firms at once: portfolio overlap.

Portfolio

15 companies checked against their own sites

Company	What it does	Themes	First round with it	Evidence
Argentargentwork.com · United States	Argent sells women's clothing	E-commerce & MarketplacesConsumer		Portfolio page
BetterUpbetterup.co · United States	BetterUp offers a platform that helps develop entire workforces and evaluate performance in real time	AI & Machine LearningHuman Resources		Portfolio page
Birdiesbirdies.com	Birdies sells women's shoes, including boots, flats, sneakers, heels, and sandals.	E-commerce & MarketplacesConsumer		Portfolio page
Calmcalm.com				Portfolio page
Dipseadipseastories.com	Dipsea produces audio stories	Enterprise SoftwareEnterprise Software		Portfolio page
Guildguildeducation.com · United States	Guild Education helps employers attract and retain talent, build workforce capabilities, and create pathways into critical roles through education and skilling.	EducationHuman Resources		Portfolio page
Hint Inchintwater.com		Food & Agriculture		Portfolio page
Honeylovehoneylove.co				Portfolio page
Outreachoutreach.io	Outreach provides software for revenue teams to manage sales pipelines, forecast revenue, and engage with customers using AI agents.	AI & Machine LearningEnterprise Software		Portfolio page
Overviewoverview.ai · United States	The company develops and manufactures AI vision systems for quality control in various industries	Industrial & ManufacturingAI & Machine Learning		Portfolio page
Owlet Baby Careowletcare.com · United States	Owlet makes baby monitors that track vital signs and provide wellness insights for parents.	Healthcare & BiotechConsumer		Portfolio page
Shelf Engineshelfengine.com		AI & Machine LearningE-commerce & Marketplaces		Portfolio page
Substack-2substack.com · United States				Portfolio page
True Linktruelinkfinancial.com · United States	True Link provides financial products and services, including prepaid cards and investment management, to support vulnerable individuals and families.	FintechHealthcare & Biotech		Portfolio page
Writerwriter.com	The company provides an AI platform that helps enterprises grow revenue by turning market signals and enterprise intelligence into new ways to grow revenue.	Enterprise SoftwareAI & Machine Learning		Portfolio page

About this data

site last read 5 Nov 2026

Site

lemonadecapital.com

Last read

5 Nov 2026

Watching since

6 Nov 2026

Companies checked

15

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

How we grade the data

$ curl -H "X-API-Key: YOUR_KEY" \
  https://api.vcinfo.io/v1/firms/lemonadecapital.com

# also
GET /v1/firms/lemonadecapital.com/portfolio
GET /v1/firms/lemonadecapital.com/coinvestors
GET /v1/firms/lemonadecapital.com/news