LemonEdge, a modern, low-code accounting platform powering the private capital industry, has completed a USD4 million funding round, led by Blackstone Innovation Investments.
LemonEdge, a modern, low-code accounting platform powering the private capital industry, has completed a USD4 million funding round, led by Blackstone Innovation Investments.
Existing investors, including Sidekick Partners, Lauren Iaslovits (co-founder of Investran and a pioneer of private capital market technologies) and Tikhon Bernstam (founder of Parse and Scribd) also particpated in teh round, which takes the total capital raised by LemonEdge to date to USD7 million, all within the first year of launch.
LemonEdge enables Private Capital firms to automate and digitise their end-to-end complex accounting processes, many of whom rely on older systems or spreadsheets. LemonEdge combines a modern, purpose-built financial engine alongside a customisable low-code platform with a suite of advanced reporting and scenario tools.
