Bold Penguin simplifies commercial insurance by providing a digital platform that connects insurance carriers, agents, and brokers.

Bold Penguin

Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Shai Wininger

Thomas Zawacki

Daniel Schreiber

Lemonade, Inc.

Luko is a neo-insurance startup that is reinventing home insurance with simplicity, transparency, and intelligence. It offers fully digital insurance experience and 'plug & play' devices for home protection.

Benoit Bourdel

Raphael Vullierme

Luko

Bold Penguin is a leading integrated digital solution platform dedicated to simplifying commercial insurance. Our technology makes the quote and bind process quick, effortless, and profitable for all parties - agents, brokers, and carriers. 

Bold Penguin’s innovative product suite has digitized and transformed a slow, manual process resulting in reduced costs, increased efficiency, and better overall outcomes.  For more information, please visit www.boldpenguin.com

MTech Capital

Lightstone Ventures

Lockton

Stone Point Capital

Guggenheim Partners

Hudson Structured Capital Management

American Family Ventures

QBE Ventures

Pivot Investment Partners

We are thrilled to announce our collaboration with Salesforce!

The Bold Penguin Terminal and SubmissionLink™ are now available on Salesforce AppExchange, making it easier than ever for customers to transfer data between Salesforce Financial Services Cloud (FSC) and Bold Penguin in near real time.

Join us in celebrating this milestone partnership 🐧🎉 https://lnkd.in/e6bmfHu8

#SFPartnershipNews #SalesforcePartners #Partnerforce #AppExchange

We're waddling with excitement from our recent announcement! Bold Penguin has partnered with RT Specialty to bring more E&S offerings to your Terminal. 🐧🚀

Did you miss the official announcement? Bring yourself up to speed here: https://lnkd.in/dYh7Zna3

Can your client recover from a ransomware incident? Based on At-Bay's InsurSec report, the average ransomware payment in 2023 was $282k for small and medium-sized businesses. Grab the full report below!

Check out this fantastic newsletter from our partners at Hiscox USA!

In the latest issue of the Hiscox Entrepreneurial Digest, they dive into essential topics like insurance awareness, cyber security, and the importance of taking time off when you're the boss. Plus, they've curated a fun insurance playlist to shake your tail feathers while you stay informed. 🐧👇

A huge thank you to all the incredible contributors to our Evolving Risks series! 🙌 Your expertise and insights have made this series an invaluable resource for our community.

Shoutout to our Bold Penguin authors: Karnina Szymanski, Chris Kessler, and Nicole Farley!

We are also grateful to our guest experts:
• Kevin Doyle from Travelers
• Ralph Blust from Pathpoint
• Mark Schauss, CPCU from Markel
• Taylor Rutledge, AFSB and Joseph Perschy, CPCU, AFSB from Propeller
• Evan Paul from Westfield Insurance
• Becky Monfre from Coterie
• Gabby Grodman from Neptune Flood Insurance
• Madison Portie Williamson from At-Bay
• Matthew F. Probolus from Berkley Management Protection

And many thanks to Hiscox USA for their valuable input.

Stay tuned! Our downloadable Agent Playbook will be available 7/24, and is packed with actionable insights and strategies. 🎉📘

Cowbell's founder and CEO Jack Kudale made his opening statement at the House of Representatives on National Security, Critical Infrastructure, and Cyber Insurance of Tomorrow. Listen in as he sheds light on the importance of cyber resilience for small and medium-sized enterprises, and the lack of awareness around how cyber threats impact small businesses. https://lnkd.in/g-EiBRfa

#CyberResilience #CyberInsurance #InsuranceInnovation #MoreCowbell

Metric
Company Name	Bold Penguin	Lemonade, Inc.	Luko
Symbol		LMND
MSH ID	COM:BOLDPENGUIN	COM:LEMONADE	EU:LUKO
Market	PRIVATE	STOCKS	PRIVATE
Sector	Financial Services & Finance	Financial Services	Financial Services & Finance
Industry	Insurance Technology	Insurance - Property & Casualty	Insurance
Country	US	US	FR
Stage	Series B	Post-IPO Equity	Series B
Employee Count	229	1.26K	235
Website	boldpenguin.com	lemonade.com	luko.eu
LinkedIn	bold-penguin		luko
Founders

Metric
Market Cap		1.30B
Enterprise Value
Monthly Web Traffic	15.60K	1.93M	476.91K
Web Traffic Growth	0.05	-0.14	-0.06
Valuation
Raised Capital		150M	60.55M

Metric
Revenue		360M
Revenue (LTM)
Revenue (NTM)
Gross Profit		360M
EBITDA		20M
Operating Income
Net Income		-236.90M
EPS		-3.40
Diluted EPS		-3.40
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		1.04
Operating Profit Margin		-0.46
EBITDA Margin		0.06
Net Profit Margin		-0.48
Return on Equity		-0.30
Return on Assets		-0.12
Return on Capital Employed		-0.12

COM:BOLDPENGUIN

Bold Penguin

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		-4.14
P/B Ratio		1.47
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		4.03
EV Multiple		-7.63

Metric
Days Sales Outstanding		337.56
Days Payables Outstanding
Days Inventory Outstanding		14.45K
Operating Cycle		14.86K
Cash Conversion Cycle		15.62K
Asset Turnover		0.32

Metric
Operating Cash Flow		-119.10M
Free Cash Flow		-128.30M
Cash Flow to Debt
Operating Cash Flow/Sales		-0.12
Free Cash Flow Yield		-0.13

Metric
Cash & Equivalents		271.50M
Accounts Receivable		-32.10M
Inventory		-1.32B
Goodwill		19M
Debt to Capitalization		0.15
Debt to Assets		0.02
Current Ratio		13.71
Quick Ratio		11.96

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.15
R&D to Revenue		0.25
SG&A to Revenue		0.33