State-of-the-art venture capital accounting software
LemonEdge is the next-generation accounting and reporting software that enables venture capital (“VC”) firms to manage their investments by systemising what have traditionally been manual processes.
The challenges facing today’s VCs
Venture capital firms invest in many start-ups and early-stage companies, and the size of VC firms and the check size of each investment are often smaller than in other sectors of the private capital market. However, the number of investments is typically much greater, and the release of funds is often over time, on triggers or other pre-defined metrics.
As a result, VCs can find themselves struggling with legacy technology not designed for the volume and non-standard nature of VC investing and often find that MS Excel and generic accounting systems provide the most flexibility.
This combination, however does not provide for a controlled, automated, and traceable environment and certainly leaves too much operational (e.g. capital calls and distributions) and accounting work to be done manually with no systematic support. Read on to see how we’ve solved these and more challenges VCs face.
Developed for venture capital firms (with VC experts)
LemonEdge's end-to-end accounting solution has been designed around the nuanced VC requirements with leaders in the industry to manage their operational and accounting processes. The powerful underlying features of the system can be used to support the needs of VCs, using a manageable approach suited to the capacity or infrastructure constraints typically faced by venture capital firms.
Here are just some of the ways we’re transforming the software market for VCs:
LemonEdge flexes to your requirements
The need to offer flexible deals to win business places increasing pressure on the back-office team. The challenge is automating the variances whilst maintaining an effective solution.
Do away with high-risk offline spreadsheets
Algorithms is our proprietary ‘Excel look-alike’ spreadsheet technology embedded and controlled within LemonEdge. Algorithms eliminate any need to create high-risk offline Excel processes. This means those same processes you run in Excel today can be brought directly into LemonEdge, thus solving your data security, audit compliance and workflow headaches.
When done with LemonEdge Algorithms, these spreadsheet calculations automatically create resulting accounting entries and investor allocations in a seamless, traceable process!
With LemonEdge, the array of monetary and non-monetary metrics associated with your investments (or any other metrics, such as ESG data points) can be captured, managed and reported using system query and reporting capabilities.
It is simple to add any field to an investment record (or any other type of record) and then produce a fit-for-purpose report which can be made available to external parties either via email or through the LemonEdge portal.
Model cashflow projections with LemonEdge Canvas Technology
LemonEdge allows you to take multiple copies of your entire current system instantly using our innovative, intuitive, Canvas technology. This means you can model any number of future scenarios to reflect the performance of your investments, including for cash flow projections, as you cash out of older positions and then distribute proceeds or reinvestment in new projects.
Model the future with LemonEdge Canvas Technology
LemonEdge allows you to take multiple copies of your entire live system instantly using our innovative, intuitive, Canvas technology. Model the future, plan scenarios and much more. Use LemonEdge Canvases to model the impact of: FX changes, investments, disinvestments, or accounting treatments. Canvases can also be used as a secure environment for training, workflow management and data ingestion before committing to at scale changes.
“LemonEdge is a true Next Generation Platform for Private Equity and Investment Banking. State-of-the-art”
Marco Santos, CEO - GFT USA Inc.
More productivity tools to keep you scaling
Here are just some of the ways our software can help you manage your processes:
The ultimate General Ledger
The multi-everything accounting engine means you’ll never need to worry about accounting as your business evolves.
Manage structures – not just entities
Your entire fund structure can be managed on the system, even as it grows in complexity..
Customisable professional reporting
Automate ILPAs, investor financials and custom reporting.
Seamless investor engagement
Automate emails to investors or use our user-friendly integrated investor portal.
Automate custom calculations
Use Algorithms to move your current custom Excel calculations into the system.
Manage any type of investment
The details of all your investments, regardless of industry or size/shape, can be managed in the system.
Hybrid and Closed fund structures
Closed-ended, open-ended or hybrid fund structures and entities all in one system.
Track and audit everything
All actions, including any Excel workbooks brought into the system, are audited and then time-stamped.
Deploy in your private cloud
We manage the deployment onto private Azure or AWS servers.
Our rapidly growing tech eco-system
We’re quickly building an eco-system of related technology partnerships, enabling our clients to easily connect their existing data sources to LemonEdge.
Our consulting partners
See the future of venture capital accounting
Just some of what we’re excited to show you:
Collate data from any source with intuitive tools.
Eliminate multiple-entry bookkeeping.
Create fund structures in minutes.
Instant scenario analysis across your portfolio.
Search and report on any data point.
Interrogate real-time General Ledgers.
Integrate custom calculations and waterfalls.
Tell us about you and your firm and we’ll come straight back to you to schedule a personalised demo.
"LemonEdge has proven market-leading capabilities that will enable the continuing evolution of our operations to become agile, efficient and able to add further value to our investors.”
Guillaume de Malliard, COO and Partner at Astorg Group
Recent news
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LemonEdge appointed by Astorg Group S.à r.l, Luxembourg, as their end-to-end fund accounting solution
LemonEdge appointed by Astorg Group S.à r.l, Luxembourg, as their end-to-end fund accounting solution
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LemonEdge selected by Sycamore Partners as their Private Equity Technology Platform
The modern, API and low-code accounting platform will be powering the firm’s PE Fund structures alongside an Investor Portal
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LemonEdge appointed by Fairway as their front-to-back office Funds system
The innovative API and low-code platform will be powering the firm’s Funds administration services division
Frequently Asked Questions
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The cost of the LemonEdge system is based only on the number of users. Hence for smaller firms, such as VCs, who might have smaller operational or support teams, that is the only licencing metric to worry about. There are no separate charges associated with any other facet, such as several funds, entities, transactions, assets under management, or functionality modules.
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Simple. We’re a cloud-native product that will seamlessly fit into your existing architecture. (As we believe you hosting your own data is the better choice – data has value.) We make the process as low-touch as possible with our packaged deployment. Also, our brilliant team can help you with every step.
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Our out-of-the-box solution is ready to go, but we’ll work with you to tailor the solution to your specific needs (as every business is different, and that’s a good thing!). Our team, with yours, or through one of our excellent partners (Add partner website), will help you every step of the way through an agile/waterfall project management approach.
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Shhh… but we’re working with one of the original VC firm pioneers of the sector to consistently build out features in our platform and ensure we’re at the cutting edge. We’re able to bring these features to market.