Sweden-founded no-code platform Lemonado has secured $1.4 million in Seed funding to further its mission of empowering non-developers to build business software. This funding round, led by Nordic venture capital firm node.vc, also saw participation from Alexander Aghassipour, co-founder of Zendesk and partner at Nordic Makers. With an AI-native no-code platform, Lemonado aims to transform how businesses automate work and streamline processes without relying on developers.
No-code Platform Lemonado secures $1.4 million in seed funding. pic.twitter.com/Ca5QtWQP0R
— Startup Rise EU (@startuprise_eu) July 17, 2024
Streamlining Business Processes with AI
Lemonado offers an AI-native platform designed to help users automate work and streamline business processes. By utilizing advanced AI, Lemonado generates apps with user interfaces and dataset integrations, allowing users to sync data across multiple sources such as Hubspot, Postgres, and Google Sheets.
Unique Capabilities
The platform stands out for its ability to handle live data computations for millions of entries continuously. Lemonado employs a ‘building block’ mechanism, offering out-of-the-box functionalities that make it easy for users to implement and customize their solutions.
“Conventional ways of working with data are outdated and cumbersome.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,” – CEO Albert Lundberg.
Founders and Vision
Founded in 2024 by Albert Lundberg, Rikard Javelind, and Daniel Angelhoff, Lemonado aims to replace conventional, cumbersome ways of working with data. CEO Albert Lundberg emphasizes the need for more automation to maintain and enhance productivity in the modern workplace.
Investor Confidence
Node.vc partner Chris Albinsson, who joins Lemonado’s board, sees tremendous potential in Lemonado’s mission to simplify and automate tasks.
“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.”
This sentiment is echoed by Alexander Aghassipour, who draws parallels between Lemonado’s journey and his own with Zendesk:
“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.”
Future Plans
The funding will enable Lemonado to drive international growth by expanding its technological development and service offering. This includes hiring senior developers, growth hackers, and content marketers to further their product-led growth strategy.
How Will AI-Native Platforms Redefine Business Software Development?
Lemonado’s innovative approach to business software development is set to redefine how companies automate and streamline their processes. With the new funding, the company is poised for significant growth and impact in the industry.
What are your thoughts on the future of AI-native no-code platforms? Share your opinions in the comments below!
