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LemonEdge announces US$21m Series A funding round
['Asset Servicing Times', 'Reporter', 'Zarah Choudhary', 'Matthew Challis', 'Tahlia Kraefft']
Asset Servcing Times | rss daily news feed
LemonEdge, a fund accounting platform built for private markets, has completed a US$21 million Series A investment round to accelerate product development and continued expansion in the US and Europe.
Blackstone Innovations Investments, Blackstone's early-stage investment arm, led the funding round.
They're joined by BNY, with participation from long-time investor Sidekick Partners, bringing LemonEdge's total funding raised to date to over US$30 million.
As LemonEdge enters its next phase of growth, it has strengthened its senior leadership team by appointing New York-based David T. O'Malley as CEO and board chair.
LemonEdge has also appointed Katharine Briggs as chief growth officer, responsible for driving global go-to-market strategy, delivery, and client expansion as demand accelerates across the US and EMEA.