Lemon Raises £500K in Pre-Seed Funding

lemon

Lemon, a Manchester, UK-based provider of a subscription management platform for small businesses, raised £500k in pre-seed funding.

Backers included SFC Capital, Pitchdrive and angel investors.

The company intends to use the funds to expand operations and build the product.

Led by CEO Matt Bird, Lemon is building a subscription tracking & financing platform for digital, service-based SMBs. The products features payments, credit, centralisation, discovery, checkout & more.

Using Lemon, SMBs across any industry (although we have a focus on agencies / service businesses right now) can centralise their subscription management, building a single system for all subscriptions across multiple products, teams and employees.

The startup is working behind the scenes with around 40 SMBs covering a variety of different sectors to understand the pain points, the challenges and if their solutions meet’s those requirements.

FinSMEs

21/04/2024