LemonStand

Vancouver, Canada Founded: 2010 • Age: 16 yrs Acquired By MailChimp
Offers a fully customizable ecommerce platform tailored for growing businesses.

About LemonStand

LemonStand was a Retail company based in Vancouver (Canada) founded in 2010 by Danny Halarewich and Aleksey Bobkov, and was acquired by MailChimp in March 2019. It offers a fully customizable ecommerce platform tailored for growing businesses. It operates on a B2B model. LemonStand has raised $1.25 million across 1 funding round from investors including MailChimp and BDC. Its chief executive, as recorded, is Danny Halarewich. The company is recorded as dissolved. Its focus areas include Technology and E-commerce, E-commerce, Platform Development and Customizable Solutions.

Company details

LemonStand offers a fully customizable ecommerce platform tailored for growing businesses through technology and e-commerce, operating online marketplaces, platform development, and customizable solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Vancouver, Canada
  • Founders Danny Halarewich, Aleksey Bobkov
  • Stage Acquired
  • Sectors
    Retail
  • Website lemonstand.com
  • Social X Facebook
  • Acquired by MailChimp (Mar 2019)
Key Metrics
  • Total Equity Funding
    $1.25M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.25M (USD), Seed

    May 2016

  • Investors
    MailChimp

    & 1 more

  • Acquired by
    MailChimp

    (Mar 2019)

Funding Insights of LemonStand

LemonStand has successfully raised a total of $1.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.25 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.25M
  • Total Rounds 1
  • Last Round Seed β€” $1.25M
  • First Round $1.25M

    (May 2016)

  • Investors Count 1

All 3 funding rounds of LemonStand with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2016$1.25MSeed––
Nov 2013Seed––
–
Sep 2012Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in LemonStand

LemonStand has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include MailChimp and BDC.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Commercial banking services for small and medium-sized enterprises are provided.
1944bdc.caMontreal, Canada
Cloud based email marketing software for SMBs
2001mailchimp.comAtlanta, United States
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Investor details for LemonStand

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People of LemonStand

2 people are tracked at LemonStand (2 in leadership).

NameRoleGroup
Danny Halarewich
Co-Founder, CEOLeadership
Aleksey Bobkov
Co-Founder, CTOLeadership
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Complete people profiles for LemonStand

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Timeline of LemonStand

3 dated milestones of LemonStand across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded LemonStand is founded.
  2. Funding First funding round of $1.2M.
  3. Exit Acquired by MailChimp.
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Related news about Lemonstand

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Frequently Asked Questions about LemonStand

LemonStand was founded in 2010 and raised its 1st funding round 6 years after it was founded.

LemonStand is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

Danny Halarewich is the CEO of LemonStand, as recorded in our data. They have also founded this company.

LemonStand is a funded company, having raised a total of $1.25M across 1 funding round to date.

LemonStand offers a fully customizable ecommerce platform tailored for growing businesses through technology and e-commerce, operating online marketplaces, platform development, and customizable solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

LemonStand has 2 investors. Key investors include MailChimp, and BDC.

Yes. LemonStand was acquired by MailChimp in March 2019.

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