{"schema_version":"secwatch.filing_event.v1","accession":"0001691421-23-000084","form_type":"8-K","ticker":"LMND","cik":"0001691421","company_name":"Lemonade, Inc.","filed_at":"2023-06-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.065636+00:00","generated_at":"2026-06-13T14:56:26.791034+00:00","sec_items":["1.01","2.03","7.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lemonade enters up to $150M customer investment agreement for sales and marketing","bullets":["Investors provide up to $150M over 18 months; Lemonade pays share of Reference Income.","Investors fund up to 80% of Growth Spend for each Reference Cohort.","Company pays Investor Sharing Percentage until investors achieve 16% IRR, then retains all future income.","Agreement created direct financial obligation; blog post with long-term projections published.","Standard representations, warranties, and termination provisions apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001691421-23-000084","json":"https://secwatch.observer/filing/0001691421-23-000084.json","markdown":"https://secwatch.observer/filing/0001691421-23-000084.md","text":"https://secwatch.observer/filing/0001691421-23-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1691421/000169142123000084/0001691421-23-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1691421/000169142123000084/lmda-20230628.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T14:56:26.791034+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8dde54329821862b2d2c60ac850a0f2a1a4dfc25","claim":"Lemonade, Inc. entered into Customer Investment Agreement with GC Customer Value Arranger, LLC, as Arranger on behalf of the Investors valued at up to $150 million (effective 2023-06-28).","evidence_excerpt":"On June 28, 2023 (the “Closing Date”), Lemonade, Inc. (the “Company”) entered into a Customer Investment Agreement (the “Agreement”), with GC Customer Value Arranger, LLC, as Arranger on behalf of the Investors (the “Investors”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1691421/000169142123000084/0001691421-23-000084-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"GC Customer Value Arranger, LLC, as Arranger on behalf of the Investors"},{"label":"Value","value":"up to $150 million"},{"label":"Effective","value":"2023-06-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}