Lemon Squeezy

lemonsqueezy.com

A merchant-of-record payments and billing platform for software and digital product companies, now owned by Stripe.

  • fintech / payments infrastructure
  • acquired
  • Founded 2020
  • Researched Sep 2026
Likely
Age6 yearsDomain registered 2004
Confirmed
Based inSalt Lake City, Utah
Likely
Employees11-50LinkedIn company size band (2026) and TechCrunch report of a 13-person team at time of Stripe acquisition (2024)
Confirmed
FundingSelf-funded
Likely
PlatformsWeb, API
Confirmed
Founders3 foundersJR Farr, Gilbert Pellegrom, Orman Clark

The story

Lemon Squeezy was built by three long-time friends and prior indie software founders, JR Farr, Gilbert Pellegrom and Orman Clark, who launched it publicly in 2021 as an easy way for SaaS and digital creators to sell globally while it acts as merchant of record. The bootstrapped team turned down a reported $50 million Series A before Stripe acquired it in July 2024 to add merchant-of-record capability to its own platform. It continues to operate as a Stripe-owned product, with its legal entity now named Sold through Link, LLC.

Timeline

  1. Founded2020

    Lemon Squeezy founded

    Founded by JR Farr, Gilbert Pellegrom and Orman Clark in Salt Lake City.

  2. Launch2021

    Public launch

    Company publicly launched its merchant-of-record platform.

  3. Milestone2023

    Turned down $50M Series A

    Rejected a Series A term sheet reported near $50M valuation to stay independent.

  4. AcquiredJul 2024

    Acquired by Stripe

    Stripe acquired the 13-person company to add merchant-of-record capability.

  5. Milestone2026

    Stripe Managed Payments update

    Company posted update on integration into Stripe's Managed Payments.

Founders

  • JR Farr

    CEO / co-founder

    Prior GM/VP at Endurance Intl (Constant Contact, Bluehost); co-founded MOJO Marketplace.

  • Gilbert Pellegrom

    CTO / co-founder

    Engineer, previously built SpinupWP, Dunked, Dev7studios (acquired); made Nivo Slider.

  • Orman Clark

    CDO / co-founder

    Product designer, previously founded Dunked and ThemeZilla (acquired).

9 sourcesEvery fact above links back to these.
  1. RDAP domain registration record
  2. Stripe acquires payment processing startup Lemon Squeezy - TechCrunchtechcrunch.com
  3. About - Lemon Squeezylemonsqueezy.com
  4. Lemon Squeezy vs. Paddle - Fungies.iofungies.io
  5. Stripe Acquires Lemon Squeezy for Undisclosed Amount - Finovatefinovate.com
  6. Turning down a Series A term sheet ($50m+ valuation) - Lemon Squeezylemonsqueezy.com
  7. Lemon Squeezy - LinkedInlinkedin.com
  8. Lemon Squeezy Revenue: The $1M It Hit Before Selling to Stripe - OperatorBookoperatorbook.dev
  9. Stripe buys software rival Lemon Squeezy - Payments Divepaymentsdive.com
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