Lemon Raises £500k for Subscription Platform Expansion

Lemon's Pre-Seed Funding

Key Highlights:

• Pre-Seed Funding: Lemon, a subscription management platform for small businesses, raised £500k in pre-seed funding.
• Investors: Backed by SFC Capital, Pitchdrive, and angel investors.
• Product Development: Funds will be used to expand operations and further develop Lemon's subscription tracking and financing platform.

Lemon's Target Market

• Target Market: Small and medium-sized businesses (SMBs) across various industries, with a current focus on agencies and service businesses.
• Subscription Management: Providing a centralized system for SMBs to manage and track their subscriptions across multiple products, teams, and employees.
• Payment and Financing Solutions: Offering features such as payments, credit, and checkout to streamline subscription management for SMBs.

What Lemon Needs to Buy

• Product Development and Enhancement: Investing in technology and resources to further develop and enhance Lemon's subscription tracking and financing platform.
• Marketing and Sales Support: Partnering with marketing and sales service providers to expand their customer base and reach SMBs in various industries.
• Customer Feedback and Validation: Collaborating with SMBs to gather feedback, understand pain points, and ensure their solutions meet the requirements of their target market.