# Lemonade Stand: portfolio, investments and team > Lemonade Stand is a family office based in Estonia. 2 investments on record, 1 in the last 12 months, latest Sept 2026. Source: https://millionrounds.com/fund/lemonade-stand (Millionrounds; every figure on the page links to its filing or article) Estonia · [Investor](https://millionrounds.com/investors) # Lemonade Stand Last cheque observed Sep 2026; 2 cheques on record. Email Deploying now Family office Pre-seed Seed Series A Enterprise Subscription Software Follow Lemonade Stand and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Flemonade-stand) Deploying now **100%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **32** days **00** hrs **00** min **00** sec Median round **$2.8M** Cheque size, as they say **$50K – $300K** Rounds led **0 of 2** Pitch Lemonade Stand ## Lemonade Stand highlights - 01 1 cheques in the last 12 months - 02 Mostly Seed: 100% of its rounds ## What they do > We invest €50-300K into strong teams, technology or traction. From their own website - **Type:** Family office (from a list, unverified) - **Cheque size:** $50K – $300K as they say - **Stages:** Pre-seed Seed Series A - **Sectors:** Enterprise Subscription Software - **Based in:** Tallinn, Estonia - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **Sept** **[Blackswan Space](https://millionrounds.com/company/blackswan-space)** LT · Firms' own news pages **$2.8M** With 4 others - **2023** 1 round - **Apr** **[Warren.io](https://millionrounds.com/company/warren-io)** Seed · EE · Firms' own news pages **Undisclosed** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **1** person at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **26** of 37 we have independently watched raise [Axiology](https://millionrounds.com/company/axiology)[Biomatter](https://millionrounds.com/company/biomatter)[Cachet](https://millionrounds.com/company/cachet)[Dagshub](https://millionrounds.com/company/dagshub)[Deepflare](https://millionrounds.com/company/deepflare)[Eziil](https://millionrounds.com/company/eziil)[Fertifa](https://millionrounds.com/company/fertifa)[Fleetguru](https://millionrounds.com/company/fleetguru)[Fyma](https://millionrounds.com/company/fyma)[Interactio](https://millionrounds.com/company/interact-io)[Koos](https://millionrounds.com/company/koos)[Lendurai](https://millionrounds.com/company/lendurai)[Ligence](https://millionrounds.com/company/ligence)[Memgraph](https://millionrounds.com/company/memgraph)[Montonio](https://millionrounds.com/company/montonio)[Outvio](https://millionrounds.com/company/outvio)[Patchstack](https://millionrounds.com/company/patchstack)[Pipedrive](https://millionrounds.com/company/pipedrive)[Quantum Systems](https://millionrounds.com/company/quantum-systems)[Remato](https://millionrounds.com/company/remato)[Reverseresources](https://millionrounds.com/company/reverse-resources)[Soldera](https://millionrounds.com/company/soldera)[Veriff](https://millionrounds.com/company/veriff)[Warren](https://millionrounds.com/company/warren)[Woola](https://millionrounds.com/company/woola)[Wowflow](https://millionrounds.com/company/wowflow) Blackswan Dashbird Drivex Enderturing Krattworks Moderansolutions Procurementflow R8tech Roleo Snabb Value Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Pre-seed Seed Series A Median round joined **$2.8M** the round, not its cheque Led 0 of 2 rounds **0%** - **Said size:** $50K – $300K - **Sole investor:** Never alone - **Last cheque:** Sept 2026 Rounds by stage said on their site - Seed said *1* - Pre-seed said *-* - Series A said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Lemonade Stand?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Lemonade Stand put money into. [**Blackswan Space** $2.8M · Sept 2026](https://millionrounds.com/company/blackswan-space) ## Quick answers about Lemonade Stand ### What does Lemonade Stand invest in? Lemonade Stand invests most often at Seed (100% of the rounds on record), in sectors such as Enterprise, Subscription and Software. ### How active is Lemonade Stand? 2 investments on record, 1 of them in the last 12 months. The most recent was in Sept 2026. ### What has Lemonade Stand invested in recently? Its most recent investments on record: Blackswan Space (Sept 2026) and Warren.io (Seed, Apr 2023). ### How big are Lemonade Stand's cheques? The median round it joins is $2.8M. It says it writes cheques of $50K to $300K. ### Is Lemonade Stand investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### What kind of investor is Lemonade Stand? Lemonade Stand is a family office based in Tallinn, Estonia. ### Does Lemonade Stand take cold pitches? Yes: its own website says it reads unsolicited pitches. ### When was Lemonade Stand founded? Lemonade Stand was founded in 2019. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=lemonade-stand) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=lemonade-stand)