LemonEdge, a modern fund accounting platform built for private markets, has completed a $21 million series A investment round to accelerate product development and continued expansion in the United States and Europe.
Blackstone Innovations Investments, Blackstone's early-stage investment arm, led the funding round, joined by BNY, a global financial services company, with participation from long-time investor, Sidekick Partners, bringing LemonEdge's total funding raised to date to more than $30 million.
As LemonEdge enters its next phase of growth, it has grown its senior leadership team by appointing New York City–based David O'Malley as CEO and board chair. O'Malley brings extensive experience scaling high-growth global software-as-a-service (SaaS) and enterprise fintech businesses. Most recently, he served as president of Numerated Growth Technology, leading international expansion, operational and commercial strategy and ultimately orchestrating its successful sal
