HomeSwedenLemonado Raises $1.4M in Seed Funding

Lemonado Raises $1.4M in Seed Funding

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lemonado

Lemonado, a Stockholm, Sweden-based no-code platform that enables people to build custom business apps, raised $1.4M in Seed funding.

The round was led by node.vc with participation from Alexander Aghassipour. Chris Albinsson, node.vc partner and co-founder, will be joining the Lemonado board.

The company intends to use the funds to drive international product-led growth by expanding technological development, service offering, and community engagement teams. This will include more senior developers, as well as growth hackers and content marketers.

Founded by Albert Lundberg (ex-EF Education First), Rikard Javelind (ex-Trustly), and Daniel Angelhoff (ex-Trustly), Lemonado provides a platform that is designed for non-developers and businesses that work with data but lack the budget or skills to hire development teams or write their own code. Realising that the standard software suite of spreadsheets and powerpoint will eventually be enhanced by AI-native software and agents, the solution offers next generation tools, free of developers, that use AI to automate tedious parts of modern workflows such as data visualisation and handling.

Lemonado generates apps with rich UIs and dataset integrations; users can automatically relate and sync data across multiple sources such as Hubspot, Postgres, and Google Sheets. The platform enables live data, in quantities as high as millions of entries, to be computed on a continual basis. The system employs a ‘building block’ mechanism, providing users with easily implementable ‘out the box’ functionalities.

Current customers include The Octopus Club, WorkTripp, and Planhat.

FinSMEs

17/07/2024

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