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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Millions
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Total
Beginning balance (shares) at Dec. 31, 2017         15,671,730
Beginning balance at Dec. 31, 2017         $ 60.4
Ending balance (shares) at Dec. 31, 2018         24,445,555
Ending balance at Dec. 31, 2018         $ 180.8
Beginning balance (shares) at Dec. 31, 2017 10,887,059        
Beginning balance at Dec. 31, 2017 $ 0.0 $ 8.5 $ (36.9) $ 0.0 (28.4)
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 34,125        
Stock-based compensation   2.1     2.1
Net loss     (52.9)   (52.9)
Ending balance (shares) at Dec. 31, 2018 10,983,684        
Ending balance at Dec. 31, 2018 $ 0.0 10.7 (89.8) 0.0 $ (79.1)
Ending balance (shares) at Dec. 31, 2019         31,557,107
Ending balance at Dec. 31, 2019         $ 480.2
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 182,057        
Exercise of stock options   0.5     0.5
Stock-based compensation   4.3     4.3
Net loss     (108.5)   (108.5)
Other comprehensive income       0.1 $ 0.1
Ending balance (shares) at Dec. 31, 2019 11,271,228       11,271,228
Ending balance at Dec. 31, 2019 $ 0.0 15.7 (198.3) 0.1 $ (182.5)
Ending balance (shares) at Mar. 31, 2020         31,557,107
Ending balance at Mar. 31, 2020         $ 480.2
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 54,374        
Stock-based compensation   2.2     2.2
Contribution to the Lemonade Foundation (shares) 500,000        
Contribution to the Lemonade Foundation   12.2     12.2
Net loss     (36.5)   (36.5)
Ending balance (shares) at Mar. 31, 2020 11,825,602        
Ending balance at Mar. 31, 2020 $ 0.0 30.1 (234.8) 0.1 $ (204.6)
Beginning balance (shares) at Dec. 31, 2019         31,557,107
Beginning balance at Dec. 31, 2019         $ 480.2
Ending balance (shares) at Sep. 30, 2020         0
Ending balance at Sep. 30, 2020         $ 0.0
Beginning balance (shares) at Dec. 31, 2019 11,271,228       11,271,228
Beginning balance at Dec. 31, 2019 $ 0.0 15.7 (198.3) 0.1 $ (182.5)
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Net loss         (88.4)
Ending balance (shares) at Sep. 30, 2020 56,584,029        
Ending balance at Sep. 30, 2020 $ 0.0 855.0 (286.7) 0.7 $ 569.0
Beginning balance (shares) at Dec. 31, 2019         31,557,107
Beginning balance at Dec. 31, 2019         $ 480.2
Convertible Preferred Stock          
Conversion of convertible preferred stock to common stock upon closing of Initial Public Offering (IPO) (shares)         (31,557,107)
Conversion of convertible preferred stock to common stock upon closing of Initial Public Offering (IPO)         $ (480.2)
Ending balance (shares) at Dec. 31, 2020         0
Ending balance at Dec. 31, 2020         $ 0.0
Beginning balance (shares) at Dec. 31, 2019 11,271,228       11,271,228
Beginning balance at Dec. 31, 2019 $ 0.0 15.7 (198.3) 0.1 $ (182.5)
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Conversion of Convertible Preferred Stock to common stock upon closing of initial public offering (shares) 31,557,107        
Conversion of Convertible Preferred Stock to common stock upon closing of initial public offering   480.2     480.2
Issuance of common stock (shares) 12,650,000        
Issuance of common stock   338.0     $ 338.0
Exercise of stock options (shares) 282,422       282,422
Exercise of stock options   1.8     $ 1.8
Stock-based compensation   10.6     10.6
Contribution to the Lemonade Foundation (shares) 500,000        
Contribution to the Lemonade Foundation   12.2     12.2
Net loss     (122.3)   (122.3)
Other comprehensive income       1.7 $ 1.7
Ending balance (shares) at Dec. 31, 2020 56,774,294       56,774,294
Ending balance at Dec. 31, 2020 $ 0.0 859.8 (320.6) 1.8 $ 541.0
Beginning balance (shares) at Mar. 31, 2020         31,557,107
Beginning balance at Mar. 31, 2020         $ 480.2
Ending balance (shares) at Jun. 30, 2020         31,557,107
Ending balance at Jun. 30, 2020         $ 480.2
Beginning balance (shares) at Mar. 31, 2020 11,825,602        
Beginning balance at Mar. 31, 2020 $ 0.0 30.1 (234.8) 0.1 (204.6)
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 30,562        
Exercise of stock options   0.1     0.1
Stock-based compensation   2.4     2.4
Release of shares upon repayment (shares) 513,537        
Release of shares upon repayment   1.3     1.3
Net loss     (21.0)   (21.0)
Other comprehensive income       0.2 0.2
Ending balance (shares) at Jun. 30, 2020 12,369,701        
Ending balance at Jun. 30, 2020 $ 0.0 33.9 (255.8) 0.3 $ (221.6)
Convertible Preferred Stock          
Conversion of convertible preferred stock to common stock upon closing of Initial Public Offering (IPO) (shares)         (31,557,107)
Conversion of convertible preferred stock to common stock upon closing of Initial Public Offering (IPO)         $ (480.2)
Ending balance (shares) at Sep. 30, 2020         0
Ending balance at Sep. 30, 2020         $ 0.0
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Conversion of Convertible Preferred Stock to common stock upon closing of initial public offering (shares) 31,557,107        
Conversion of Convertible Preferred Stock to common stock upon closing of initial public offering   480.2     480.2
Issuance of common stock (shares) 12,650,000        
Issuance of common stock   338.0     338.0
Exercise of stock options (shares) 7,221        
Exercise of stock options   0.2     0.2
Stock-based compensation   2.7     2.7
Net loss     (30.9)   (30.9)
Other comprehensive income       0.4 0.4
Ending balance (shares) at Sep. 30, 2020 56,584,029        
Ending balance at Sep. 30, 2020 $ 0.0 855.0 (286.7) 0.7 $ 569.0
Beginning balance (shares) at Dec. 31, 2020         0
Beginning balance at Dec. 31, 2020         $ 0.0
Ending balance (shares) at Mar. 31, 2021         0
Ending balance at Mar. 31, 2021         $ 0.0
Beginning balance (shares) at Dec. 31, 2020 56,774,294       56,774,294
Beginning balance at Dec. 31, 2020 $ 0.0 859.8 (320.6) 1.8 $ 541.0
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Issuance of common stock (shares) 4,018,647        
Issuance of common stock   640.3     640.3
Exercise of stock options (shares) 577,162        
Exercise of stock options   6.1     6.1
Stock-based compensation   6.1     6.1
Net loss     (49.0)   (49.0)
Other comprehensive income       (0.8) (0.8)
Ending balance (shares) at Mar. 31, 2021 61,370,103        
Ending balance at Mar. 31, 2021 $ 0.0 1,512.3 (369.6) 1.0 $ 1,143.7
Beginning balance (shares) at Dec. 31, 2020         0
Beginning balance at Dec. 31, 2020         $ 0.0
Ending balance (shares) at Sep. 30, 2021         0
Ending balance at Sep. 30, 2021         $ 0.0
Beginning balance (shares) at Dec. 31, 2020 56,774,294       56,774,294
Beginning balance at Dec. 31, 2020 $ 0.0 859.8 (320.6) 1.8 $ 541.0
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares)         810,575
Net loss         $ (171.0)
Ending balance (shares) at Sep. 30, 2021 61,615,624       61,615,624
Ending balance at Sep. 30, 2021 $ 0.0 1,539.5 (491.6) 0.1 $ 1,048.0
Beginning balance (shares) at Mar. 31, 2021         0
Beginning balance at Mar. 31, 2021         $ 0.0
Ending balance (shares) at Jun. 30, 2021         0
Ending balance at Jun. 30, 2021         $ 0.0
Beginning balance (shares) at Mar. 31, 2021 61,370,103        
Beginning balance at Mar. 31, 2021 $ 0.0 1,512.3 (369.6) 1.0 1,143.7
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 162,024        
Exercise of stock options   1.7     1.7
Stock-based compensation   11.9     11.9
Net loss     (55.6)   (55.6)
Other comprehensive income       (0.1) (0.1)
Ending balance (shares) at Jun. 30, 2021 61,532,127        
Ending balance at Jun. 30, 2021 $ 0.0 1,525.9 (425.2) 0.9 $ 1,101.6
Ending balance (shares) at Sep. 30, 2021         0
Ending balance at Sep. 30, 2021         $ 0.0
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Exercise of stock options (shares) 83,497        
Exercise of stock options   0.9     0.9
Stock-based compensation   12.7     12.7
Net loss     (66.4)   (66.4)
Other comprehensive income       (0.8) $ (0.8)
Ending balance (shares) at Sep. 30, 2021 61,615,624       61,615,624
Ending balance at Sep. 30, 2021 $ 0.0 $ 1,539.5 $ (491.6) $ 0.1 $ 1,048.0