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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income
Beginning balance (shares) at Dec. 31, 2019 31,557,107        
Beginning balance at Dec. 31, 2019 $ 480.2        
Ending balance (shares) at Mar. 31, 2020 31,557,107        
Ending balance at Mar. 31, 2020 $ 480.2        
Beginning balance (shares) at Dec. 31, 2019   11,271,228      
Beginning balance at Dec. 31, 2019 (182.5) $ 0.0 $ 15.7 $ (198.3) $ 0.1
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)  
Other comprehensive income 0.0       0.0
Ending balance (shares) at Mar. 31, 2020   11,825,602      
Ending balance at Mar. 31, 2020 $ (204.6) $ 0.0 30.1 (234.8) 0.1
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 $ 541.0 $ 0.0 859.8 (320.6) 1.8
Increase (Decrease) in Stockholders' Deficit [Roll Forward]          
Issuance of common stock upon closing of Follow-On Offering (shares)   4,018,647      
Issuance of common stock upon closing of Follow-on Offering, net of underwriting discounts and commissions and offering costs of $22.8 million 640.3   640.3    
Exercise of stock options $ 6.1   6.1    
Exercise of stock options (shares) 577,162 577,162      
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 61,370,103      
Ending balance at Mar. 31, 2021 $ 1,143.7 $ 0.0 $ 1,512.3 $ (369.6) $ 1.0