Lemonade Stand

Lemonade Stand is a venture capital firm based in Estonia that specializes in early-stage investments, primarily focusing on the technology sector. The firm seeks to identify and support innovative startups, providing them with the necessary resources and guidance to grow and succeed in a competitive market. Through its strategic investments, Lemonade Stand aims to foster technological advancements and contribute to the development of emerging companies.

Siim Teller

Managing Partner

Past deals in Estonia

KWOTA

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

Grünfin

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

Remato

Seed Round in 2021
Remato Eesti OÜ is a software company based in Tartu, Estonia, founded in 2018. It specializes in providing a Software-as-a-Service platform designed for managing the operations of micro, small, and medium-sized construction businesses. By replacing traditional methods that often rely on paperwork and spreadsheets, Remato offers tools that streamline the management of workforce, equipment, assignments, and time. This digital solution enhances operational efficiency, making it easier for construction companies to oversee their projects and resources effectively.

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.

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.

Fyma

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

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.

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.

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.

Outfunnel

Pre Seed Round in 2020
Outfunnel OÜ is a marketing automation and insights platform based in Tallinn, Estonia, founded in 2018. The company specializes in sales-centric tools that help businesses automate their email marketing campaigns and track user interactions on both email and websites. Outfunnel's platform provides valuable insights into customer behavior, allowing clients to monitor leads and understand which messages and content effectively drive conversions. By streamlining marketing efforts and enhancing branding strategies, Outfunnel enables businesses to optimize their revenue generation processes.

Remato

Seed Round in 2020
Remato Eesti OÜ is a software company based in Tartu, Estonia, founded in 2018. It specializes in providing a Software-as-a-Service platform designed for managing the operations of micro, small, and medium-sized construction businesses. By replacing traditional methods that often rely on paperwork and spreadsheets, Remato offers tools that streamline the management of workforce, equipment, assignments, and time. This digital solution enhances operational efficiency, making it easier for construction companies to oversee their projects and resources effectively.

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.

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.

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.

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.

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.