Tech
Lemonado raises $1.4M for no-code platform
![Lemonado raises .4M for no-code platform Lemonado raises .4M for no-code platform](https://cdn.tech.eu/uploads/2024/07/downlodd-98.jpg)
Sweden-founded no-code platform Lemonado has raised $1.4 million in Seed funding.
Lemonado has developed an AI-native platform that helps non-developers who want to build business software to automate their work and streamline business processes. Lemonado’s largest market is currently the US.
Realising that the standard software suite of spreadsheets and powerpoint will eventually be enhanced by AI-native software and agents, Lemonado aims to accelerate this shift by offering 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 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 continually — something unique to Lemonado. The platform employs a ‘building block’ mechanism, providing users with easily implementable ‘out-of-the-box’ functionalities.
The company was founded in 2024 by serial entrepreneur Albert Lundberg (ex-EF Education First), Rikard Javelind (ex-Trustly, and Daniel Angelhoff (ex-Trustly).
Lemonado co-founder and CEO Albert Lundberg stated:
“Conventional ways of working with data are outdated and cumbersome. We’re in the decade of data; we must incorporate more automation to maintain and enhance productivity. Lemonado exists to give people closest to the problem the tools to solve that very issue.”
The round was led by Nordic venture capital firm node.vc with participation from Alexander Aghassipour, co-founder of Zendesk and partner at Nordic Makers.
Chris Albinsson, node.vc partner and co-founder, who is joining the Lemonado board, shared:
“We see tremendous potential in Lemonado and align with their mission to automate arduous tasks and build what they need, shaping the modern workplace by giving workers easy-to-use tools that make work simpler and more collaborative.
We also like the team’s product-led growth approach, which we already see early proof-points of.”
According to Nordic Makers partner and Zendesk co-founder Alexander Aghassipour:
“There are parallels between Lemonado’s founding journey and my own with Zendesk — seeing the problem first-hand and getting on with building the solution.”
The funding will drive international product-led growth by expanding Lemonado’s technological development, service offering, and community engagement teams. This will include more senior developers, as well as growth hackers and content marketers.
Lead image: Lemonado. Photo: uncredited.