After winning the “Most Innovative Technology” award at this year’s Private Equity Wire European Awards, LemonEdge is celebrating again after picking up the “Best Accounting and Reporting Solution” at October’s US Awards. Voted for by GPs and service providers, this latest award demonstrates the industry acknowledgement that LemonEdge has moved from disruptor to best-in-class solution for private equity firms.
Launched in 2020, LemonEdge combined over 40 years of founders’ experience, with 20 of those building accounting technology for private capital markets. With the hindsight of those decades of working in the industry, the founders knew the challenges faced by GPs, Fund Administrators, Family Offices and Funds of Funds and created a solution rich in innovation to solve those.
Gareth Hewitt, LemonEdge CEO said:
“This award is the culmination of the hard work, expertise and innovation of our now 60-strong team. In a few years, we've grown to have 1.2 trillion in assets under client management, demonstrating how our software is being adopted by established, complex businesses looking to unlock hidden scalability and start-ups requiring efficiency from the outset.
We've long known the issues facing legacy software vendors and their clients, and we're delighted to deliver the real change that the market has been crying for. This is just the start of our journey, and we will be delivering more innovations and cutting-edge solutions to our clients to enable them to capitalise on their tech stack. “
Key stats:
- Founded 2020
- Assets under client management $1.2 trillion
- 60 employees on six continents
- Investors include Blackstone, Sidekick Partners, Lauren Iaslovits (Co-founder of Investran) and Tikhon Bernstam (Co-Founder Parse/Scribd)
- Software designed for Private Equity GPs, Fund Administrators, Family Offices and Fund of Funds
About LemonEdge
LemonEdge is a next-generation fund accounting and administration solution that enables firms to automate complexity and maximise scalability. Powered by a state-of-the-art accounting engine and with numerous proprietary innovations, LemonEdge eliminates multi-entry bookkeeping and offline processes to empower private markets firms to scale their operational processes.
For further information please visit https://www.lemonedge.com
Press Contact
Jamie Nascimento, Co-founder, and Chief Commercial Officer
LemonEdge London, UK jamie@lemonedge.com
