# My Lemonade Stand, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/my-lemonade-stand-pbc

- Industry: Education/Training
- Headquarters: Beverly Hills, US
- Website: www.mighty.business
- Total disclosed funding: $6.5M
- Latest round: Seed (Jul 3, 2021)
- Investors on record: 7

## About

My Lemonade Stand, PBC is an innovative company focused on providing operational efficiency solutions for small to medium-sized enterprises (SMEs) through advanced software tools and services.Founded in 2019 in Beverly Hills, US, My Lemonade Stand, PBC develops software solutions aimed at enhancing business operations. The company has successfully raised a total of USD 6.5 mn in Seed funding as of July 3, 2021, led by Animo Ventures, with participation from various investors. Notably, the firm has closed 4 deals since inception. The founder's history is not disclosed.Mighty Business specializes in providing innovative solutions designed to enhance operational efficiency and drive growth for small to medium-sized enterprises (SMEs). Their core offerings include a suite of software tools tailored for project management, customer relationship management (CRM), and invoicing solutions, which streamline various business processes. These products are crafted to address specific pain points such as time management, client engagement, and financial tracking, ultimately empowering businesses to optimize their workflows and improve productivity. The company caters to a diverse clientele, primarily serving SMEs across North America and Europe, where it has established a strong presence. By focusing on user-friendly interfaces and customizable features, Mighty Business enables its customers to tailor the solutions to meet their unique needs.Mighty Business generates revenue through a subscription-based model, allowing clients to access its suite of software tools on a monthly or annual basis. Transactions typically occur directly between the company and its customers, with various pricing plans that cater to different business sizes and needs. Notably, flagship products may be offered under tiered pricing structures designed to provide clients with flexibility in scalability and functionality. These pricing plans ensure that clients can select the solutions that best fit their operational requirements, thereby enhancing customer satisfaction and long-term engagement. The company’s revenue streams are primarily derived from direct-to-consumer subscriptions, reinforcing its commitment to providing value-driven services that foster strong client relationships.Following the successful Seed funding round in July 2021, My Lemonade Stand, PBC plans to utilize the USD 6.5 mn raised to enhance its product offerings and expand into new geographic markets. The company is currently designing new software tools to address emerging needs within SMEs, with anticipated launch dates set for early 2023. In addition, the firm is targeting expansion into the Asian market by the end of 2023, aiming to tap into the growing demand for operational efficiency solutions in that region.

## Funding rounds

- Seed, Jul 3, 2021, $6.5M — Maveron, Sesame Workshop, Collaborative Fund, Humbition, Animo Ventures, NaHCO3
- Seed, Sep 23, 2020 — Ulu Ventures
- Seed, May 18, 2020 — Animo Ventures

## Investors

- Animo Ventures (https://capitalatlas.ai/funds/animo-ventures) — Seed
- Ulu Ventures (https://capitalatlas.ai/funds/ulu-ventures) — Seed
- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- Sesame Workshop — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Humbition (https://capitalatlas.ai/funds/humbition) — Seed
- NaHCO3 — Seed