Lemonade Stand

Lemonade Stand is an early-stage venture capital firm based in Estonia that specializes in investing in the technology sector. With a focus on supporting startups in their early growth stages, Lemonade Stand provides funding and strategic guidance to help innovative technology companies succeed.

Siim Teller

Managing Partner

40 past transactions

Dashbird

Private Placement in 2020
Dashbird helps developers to deliver bullet-proof and fast serverless applications by offering actionable insights and debugging features. It makes software and app development quicker, leaner and helps to optimize costs. Dashbird uses Cloudwatch logs in order to offer in-depth analytics and the 2 minute setup doesn't require any code changes.

Outvio

Seed Round in 2021
We empower online shops to ship, manage&return orders like the giants of eCommerce. Painlessly, worldwide.

Remato

Private Placement in 2020
Remato is a Software-as-a-service for managing micro, small, and medium-sized construction businesses' that currently mainly rely on papers, excels, and endless email threads to operate. Remato helps by greatly simplifying & improving the management of tools, people, and projects.

Fyma

Private Placement in 2020
Fyma develops an artificial intelligence based software for analyzing what lives within camera feeds using computer vision algorithms. Its solution enables businesses and institutions to make strategic planning decisions by turning conventional cameras into smart sensors. The company's solution extracts and analyses data from footage that enables businesses to understand and contextualize the patterns in which individuals shop and objects move. Fyma was formerly known as Visory OÜ. Fyma was incorporated in 2017 and is based in Tallinn, Estonia.

Warren

Seed Round in 2020
Warren is a complete self-service cloud platform for regional infrastructure service providers. Functionally rich, technologically modern and architecturally reliable turnkey commercialisation solution packaged as a service and driven by your success to compete in the global landscape.

Compare Finance OÜ

Private Placement in 2020
Compare Finance OÜ provides Robin, a chatbot automated talking robot in Facebook messenger that helps users to find personal loan offers. The company was founded in 2017 and is based in Tallinn, Estonia.

Remato

Seed Round in 2020
Remato is a Software-as-a-service for managing micro, small, and medium-sized construction businesses' that currently mainly rely on papers, excels, and endless email threads to operate. Remato helps by greatly simplifying & improving the management of tools, people, and projects.

Eziil

Seed Round in 2020
Eziil Production Intelligence OU develops a software solution for manufacturing companies. The company’s solution allows users to track and report their production data in real-time. The company was founded in 2016 and is based in Viljandi, Estonia.

Ender Turing

Pre Seed Round in 2021
Identify top performers in calls, chats, and video meetings. Provide best practices of top performers to every employee for self-coaching and observe performance growth. Ender Turing leads your sales and customer care teams to higher revenue and better customer service in 24 European Languages. EdTech, AI/ML, Natural Language Processing, Automatic Speech Recognition.

Grünfin

Seed Round in 2021
Grünfin is a sustainable investing platform for people who care about their impact.

Remato

Seed Round in 2021
Remato is a Software-as-a-service for managing micro, small, and medium-sized construction businesses' that currently mainly rely on papers, excels, and endless email threads to operate. Remato helps by greatly simplifying & improving the management of tools, people, and projects.

ProcurementFlow

Angel Round in 2019
Cloud-based software for keeping communication and procurement process in sync! The first cloud-based Teamwork Management Platform for Purchasing and Procurement departments.

Warren

Private Placement in 2020
Warren is a complete self-service cloud platform for regional infrastructure service providers. Functionally rich, technologically modern and architecturally reliable turnkey commercialisation solution packaged as a service and driven by your success to compete in the global landscape.

Moderan

Private Placement in 2020
Moderan Solutions OÜ develops an online software for commercial real estate lease management. It helps commercial property owners and managers organize their properties, tenants, and lease term; get ready-made reports, reminders, and portfolio overview; overview of lease contracts; and get market trends insights. The company was incorporated in 2015 and is based in Tallinn, Estonia.

Grünfin

Seed Round in 2023
Grünfin is a sustainable investing platform for people who care about their impact.

Deepflare

Pre Seed Round in 2022
We are an AI company helping pharmaceutical companies predict viruses’ mutations and model the antigenicity & immunogenicity of vaccine candidates. Our technology got recognized by the Polish Health Ministry and deployed in a pilot program where more than 50% of all Polish PCR tests results got processed by our software.

Wowflow

Pre Seed Round in 2021
Wowflow is a mobile-first collaboration and workflow for facility maintenance teams.

Fyma

Seed Round in 2020
Urban vision factory - getting value out of computer vision using machine learning. SAAS for urban tech companies.

KWOTA

Pre Seed Round in 2022
Kwota offers digital validation and trading services for recycled material CO₂ emissions.

DriveX Technologies

Pre Seed Round in 2020
DriveX is a technology partner for insurers. With the proprietary AI-assisted verification, companies can inspect vehicles remotely. Insurers save costs, reduce fraud risk and provide a better, digital customer experience. Whether selling motor insurance policies or managing claims, DriveX solutions are there to help employees and customers.

Woola

Angel Round in 2020
Woola uses leftover sheep wool to replace bubble wrap. These wool-based packages can be reused, repurposed, or returned by the end user, with the ultimate goal of making the solution “closed-loop” so nothing goes to waste.

Outfunnel

Pre Seed Round in 2020
Outfunnel OÜ develops a marketing automation and insights platform. The company’s features includes automate email marketing campaigns and tracking email and website. Outfunnel OÜ was founded in 2018 and is headquartered in Tallinn, Estonia.

Cachet

Private Placement in 2020
Cachet is a "trustee" data layer between the sharing economy platforms and insurance providers. We aggregate and enrich cross-market data about how much service providers are providing service on various competing platforms and via that enable insurance companies to sell more personalised coverage. We have started with the ride-hailing/mobility sector since it has the highest number of participants.

Bigspoon

Seed Round in 2020
Bigspoon is a cloud kitchen startup that has an omni-channel approach to ordering and delivery. It focuses on quality, health, and hygiene. It runs an omni-channel approach, with diverse brands specializing in North Indian food, American QSR cuisine, healthy bowls, corporate meals, and others. It was founded in 2019 by Kapil Mathrani, Rohan Bhatt, and Poojan Thakkar

Wowflow

Seed Round in 2022
Wowflow is a mobile-first collaboration and workflow for facility maintenance teams.

Cachet

Seed Round in 2020
Cachet is a "trustee" data layer between the sharing economy platforms and insurance providers. We aggregate and enrich cross-market data about how much service providers are providing service on various competing platforms and via that enable insurance companies to sell more personalised coverage. We have started with the ride-hailing/mobility sector since it has the highest number of participants.

Eziil

Private Placement in 2020
Eziil Production Intelligence OU develops a software solution for manufacturing companies. The company’s solution allows users to track and report their production data in real-time. The company was founded in 2016 and is based in Viljandi, Estonia.

Outfunnel

Private Placement in 2020
Outfunnel OÜ develops a marketing automation and insights platform. The company’s features includes automate email marketing campaigns and tracking email and website. Outfunnel OÜ was founded in 2018 and is headquartered in Tallinn, Estonia.

Cachet

Pre Seed Round in 2019
Cachet is a "trustee" data layer between the sharing economy platforms and insurance providers. We aggregate and enrich cross-market data about how much service providers are providing service on various competing platforms and via that enable insurance companies to sell more personalised coverage. We have started with the ride-hailing/mobility sector since it has the highest number of participants.

Dashbird

Seed Round in 2020
Dashbird helps developers to deliver bullet-proof and fast serverless applications by offering actionable insights and debugging features. It makes software and app development quicker, leaner and helps to optimize costs. Dashbird uses Cloudwatch logs in order to offer in-depth analytics and the 2 minute setup doesn't require any code changes.

Moderan

Venture Round in 2020
Moderan Solutions OÜ develops an online software for commercial real estate lease management. It helps commercial property owners and managers organize their properties, tenants, and lease term; get ready-made reports, reminders, and portfolio overview; overview of lease contracts; and get market trends insights. The company was incorporated in 2015 and is based in Tallinn, Estonia.

Procurement Flow OÜ

Private Placement in 2019
Procurement Flow OÜ develops the cloud-based software for procurement. The software offers digital procurement workflow, user assign feature, firm communication channels with supplier, and track status. The company’s software as a service (SaaS) platform manages information flow related to every purchase request for procurement teams in the civil engineering, energy, and food and beverage sectors. Procurement Flow OÜ was incorporated in 2019 and is based in Tallinn, Estonia.

Woola

Seed Round in 2023
Woola uses leftover sheep wool to replace bubble wrap. These wool-based packages can be reused, repurposed, or returned by the end user, with the ultimate goal of making the solution “closed-loop” so nothing goes to waste.

dillali

Venture Round in 2023
dillali is an all in one income and expenditure management tool for micro and small businesses in Africa to manage their financial records all in one place; transitioning from paper to digital. SMEs can manage electronic invoices, expenses, income and management of inventory among others. Dillali is for mobile as well as desktop users.

DimensionLab

Pre Seed Round in 2022
At DimensionLab we work on AI Engineering software. Our flagship product, SIML.ai, is a platform for AI-based high-speed physics simulations. It uses physics-informed neural networks to reduce the time of numerical simulations from months to hours or minutes, thus reducing costs and significantly speeding up the development of key technologies such as nuclear fusion, developing new types of batteries, optimising designs to reduce the energy burden, improving robots to move better in extreme conditions and more.