Gareth Hewitt
- CEO and Co-Founder at LemonEdge
GetLatka interview
How LemonEdge Hit $500K Revenue with 5 Enterprise Customers in 2022 (Interview with CEO Gareth Hewitt)
Gareth Hewitt (CEO and Co-Founder of LemonEdge) spoke to Nathan Latka on April 27, 2022.
LemonEdge figures from the interview
- Annual Revenue Run Rate (2022)
- $500K
- Customers (2022)
- 5
- Average Contract Value (2022)
- $100K
- Total Seed Funding Raised
- $6.5M
- Team Size (2022)
- 32
“No. It comes from a technical background, working in financial services in four different companies over the prior twenty years building out partnership accounting systems. Each time we started from scratch, built it again and iterated that design over the previous twenty years and got to grips with all of the problems in the industries and the complexities as times change. And so I have a modern solution to that.”
“We started in literally as soon as the world locked out in COVID. So I think that was March 2020. So I just came back from New York to London to start the company and literally like three days later that everything shut down.”
“We raised capital towards the end of twenty twenty when we launched the product, but up until that point, so for the first nine plus months or whatever, we were doing it ourselves and the whole world was locked down, so actually working out of our bedrooms wasn't a disadvantage at that point.”
Bio
Gareth is a technology professional with over 20 years of financial services software experience. His experience with the current legacy system approaches to data integration, customisability, modelling, complex accounting, and scalability solidified his belief that there is a deep-rooted need for a powerful modern development platform with integrated accounting in financial services.