Tech news: LemonEdge and Airbase raise capital, and more

LemonEdge raises $2.5M to build accounting software for firms

LemonEdge, formerly LemonTree Software, has secured $2.5 million in an oversubscribed funding round. LemonEdge makes software to help firms in the private equity and financial services industries — especially those still running on legacy systems — digitize their complex accounting. LemonEdge’s low-code platform is customizable and automates tasks required for accounting, performance calculations and fund administration. The platform also provides scenario modelling with its Canvas function.

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