LemonEdge secures $21M Series A and names new CEO

LemonEdge, a fund‑accounting platform for private‑equity firms and large family offices, closed a $21 million Series A financing round. The round was led by Blackstone Innovations Investments and included strategic investors BNY and Sidekick Partners, pushing total capital raised above $30 million. The company will use the proceeds to accelerate product development and expand its presence across the United States and Europe, targeting firms that are hindered by legacy accounting systems.

Alongside the funding, LemonEdge appointed David T. O'Malley as chief executive officer and board chair, and Katharine Briggs as chief growth officer. O'Malley previously led Numerated Growth Technology before its sale to Moody’s Analytics, while Briggs brings experience in scaling high‑growth SaaS businesses. LemonEdge maintains headquarters in London and New York with teams in Austin, Charlotte, São Paulo, Delhi and Toronto.