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Lemon Drops

🍋 Stripe acquires Lemon Squeezy

JR Farr

Product

Author

JR Farr

Date

July 26, 2024

Category

Lemon Drops

Woohoo! We're excited and humbled to announce that @stripe has acquired @lmsqueezy.

In 2020, when the world gave us lemons, we decided to make lemonade. We imagined a world where selling digital products would be as simple as opening a lemonade stand. We dreamed of a platform that would take the pain out of selling globally.

Tax headaches, fraud prevention, handling chargebacks, license key management, and file delivery, among other things, are complicated.

We believed it should be simple.

We believed it should be easy-peasy.

As founders, we've spent a decade selling digital products, and so we created a solution that met our own needs. But what started as an idea to solve the day-to-day problems of selling digital products evolved into something much bigger. Nine months after our public launch in 2021, we surpassed $1M in ARR and never looked back.

We worked tirelessly through growing pains while also celebrating major milestones along the way. Each step reinforced that we were onto something remarkable.

Along the way, we received many acquisition offers and (Series A) term sheets from investors. But despite the allure of these opportunities, we knew that what we had built was truly special and needed the right partner to take it to the next level.

We're proud to say that we've found that partner in Stripe and have gone from idea to acquisition in under three years.

A perfect blend: Lemon Squeezy x Stripe

Stripe continues to set the bar in the payments industry with its world-class developer experience, API standards, and dedication to beauty and craft. It's no secret that we (like many) have always admired Stripe.

When we began discussions about a potential acquisition, it was immediately apparent that our values and mission were perfectly aligned.

Lemon Squeezy and Stripe share a deep love for our customers and a commitment to making selling effortless.

Now imagine combining everything you love about Lemon Squeezy and Stripe — we believe it's a match made in heaven.

Lemon Squeezy is now packed with 1,000% more juice.

Looking ahead: The next chapter

Lemon Squeezy has been processing payments on Stripe since our inception. This acquisition marks the culmination of years of effort and celebrates our close partnership with Stripe and our shared sense of purpose. 

Going forward, our mission remains the same: make selling digital products easy-peasy.

With Stripe’s help, we’ll continue to improve the merchant of record offering, bolstering billing support, building an even more intuitive customer experience, and more.

We're incredibly excited about the possibilities that lie ahead with the Lemon Squeezy and Stripe teams joining forces. The future is bright.

What does this mean for Lemon Squeezy customers?

Rest assured, we’ll continue delivering the same fantastic product and reliability you’ve come to trust. We’ll be in touch as we work through this process with any updates as they come along. We’re excited about finding the best ways to combine Lemon Squeezy and Stripe.

At Lemon Squeezy, you (our wonderful customers) are at the heart of everything we do. We pride ourselves on creating intuitive, customer-focused products backed by top-notch customer service.

We remain as committed as ever.

A big thank you

Over the years, our community has grown exponentially. This growth is a testament to the trust and support you've shown us, and we couldn't be more grateful.

We owe a huge thank you to our team, community, and supporters. Thousands of companies continue to choose to sell globally through Lemon Squeezy, and we'll never take that for granted.

Thank you for being part of our journey. We look forward to all the fantastic things we will achieve together with Stripe.

Stay fresh,
Lemon Squeezy Team

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