Lemonbase
34 employees on LinkedIn · 2 known investors
Lemonbase offers a performance management software platform that supports goal-setting frameworks (OKR, MBO, KPI), evaluations, calibration, multi-rater reviews, and 1:1 meetings and feedback. It targets organizations, including enterprises, with data-based performance and competency assessment, security features, and Open API integration.
Also known as ㈜레몬베이스 · Lemonbase Corp. · 레몬베이스
Investors · 2
Also in the syndicate · 1
Company profile
researched Aug 2026Lemonbase (㈜레몬베이스 / Lemonbase Corp.) is a South Korean company that develops and operates performance management software delivered as a service. The platform consolidates an employee's scattered performance records in one place, covering goal setting and real-time goal progress tracking from company to team and individual level, evaluation cycles and grades, multi-rater (360-degree) reviews, calibration sessions, continuous feedback, and recurring 1:1 meetings. Feature modules described on the company site include a "smart personnel card" summarizing an individual's current performance, individual strength/weakness reports that compare self-assessment with peer assessment and position relative to colleagues, engagement and pulse surveys with category results and sentiment analysis of open-ended answers, and calibration screens that combine review content with compensation and attendance data to adjust and confirm grades.
AI-assisted functions are a prominent part of the product: automatic 1:1 meeting note-taking with action items and insights, automatic collection of supporting evidence from goals, feedback, 1:1 records and daily work records when writing reviews, and a review-writing assistant that scores and critiques whether answers are specific, sufficiently evidenced and fact-based. A Lemonbase API and external tool integrations are listed as forthcoming, alongside existing integrations such as Google Calendar and Slack-sourced feedback. Mobile apps are available for Android and iOS, though the Google Play listing states that only the 1:1 meeting function is currently available on mobile.
Beyond software, Lemonbase markets an integrated performance management offering that spans diagnosis, system design and adoption: organizational and leadership competency diagnostics, HR consulting on evaluation and compensation system design with coaching for in-house operation, and leadership training workshops. The site also organizes materials by industry, naming e-commerce, logistics/mobility, smart factory and customer support.
Founding story
Lemonbase was founded by CEO Kwon Min-seok, a co-founder of RIDI Corp., who built the company on experience gained while incubating a startup into a unicorn.
Business model
Lemonbase sells a subscription software service to companies, complemented by expert services — diagnostics, HR consulting and leadership training — positioned as an integrated solution alongside the software. The privacy policy references paid services, subscription and payment processing, card and cash (tax-invoice) payment, and free trial applications, indicating a direct paid B2B subscription model.
Paid subscriptions to the performance management platform, with billing handled via credit card recurring payment or cash payment with tax invoices; fee-based expert services (diagnostics, consulting, leadership training) are also offered.
Traction
Client count grew sharply from April 2020, exceeding 2,000 companies by the end of 2022, with paid users up fivefold in 2022 versus the prior year; named customers include Com2uS Group, Lotte Confectionery and LINE. Cumulative capital raised reached 14 billion won by January 2023. The Android app lists over 1,000 downloads and was last updated 2026-01-15.
Latest developments
As of the current site, Lemonbase publishes a 2026 performance management trends report focused on AI, markets AI features for 1:1 meeting notes, review evidence synthesis and review-writing assistance, lists a Lemonbase API and external tool integrations as coming soon, and offers organizational diagnosis, leadership competency diagnosis, HR consulting and leadership training as expert services. The Android app was last updated on 2026-01-15.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Lemonbase operates in the Korean HR/performance management SaaS market. The company reported more than 2,000 client companies as of end-2022 and a fivefold increase in paid users during 2022; its site refers to experience accumulated with roughly 5,000 customer companies.
The company positions itself as covering the full cycle from system design to operation in one solution — combining software with organizational diagnostics, consulting and leadership education — and emphasizes automatic aggregation of dispersed performance records plus AI-generated evidence for reviews and calibration so that evaluation decisions rest on records rather than recollection.
Technology
A cloud-based web and mobile SaaS platform with AI features for meeting-note generation, evidence collection across goals, feedback and 1:1 records, review-quality analysis, and sentiment analysis of free-text survey responses. Infrastructure and operations are handled through AWS, Google Cloud, NHN Cloud and Microsoft Azure; product analytics use Google Analytics, Amplitude and Hotjar; customer messaging uses Channel Talk, SendGrid and Pipedrive. An open API and third-party tool integrations are announced as upcoming; Google Calendar and Slack-based feedback capture are shown in the product.
Go-to-market
Direct enterprise sales supported by content marketing: downloadable product, leadership diagnosis and organizational diagnosis brochures, a performance management trends report, guidebooks and templates, customer interviews, articles, a newsletter and webinars, plus free consultation and free trial requests. Expert services (diagnostics, consulting, training) act as an additional entry point to the software.
Companies and organizations of varying sizes, from teams adopting goal-based management to large organizations running multi-rater reviews; customers cited include LINE, Com2uS Group and Lotte Confectionery. Buyers addressed on the site are HR managers, team leaders and executives.
Geography
Headquartered in Seoul, South Korea, at 68 Achasan-ro, Seongdong-gu (5th/6th floor), serving Korean client companies; certain data processing is carried out overseas through vendors in the United States, Japan and Singapore.
History
Client acquisition began ramping from April 2020. In January 2023 the company announced a 7 billion won (about $5.6 million) Series A round led by Atinum Investment with participation from existing investors Kakao Ventures and BonAngels Venture Partners, bringing cumulative funding to 14 billion won. The product has since expanded from performance management software into an integrated offering including organizational and leadership diagnostics, HR consulting and leadership training, with AI features for meeting notes, review evidence and review quality, and an API and external tool integrations announced as upcoming.
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsThe 레몬베이스 Android app, which currently supports the 1:1 meeting function on mobile, was updated with stability improvements.
The company announced a 7 billion won Series A round led by Atinum Investment with existing investors Kakao Ventures and BonAngels Venture Partners participating, bringing cumulative capital raised to 14 billion won.
$5.6M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 6
primary sources listed
- Lemonbaselemonbase.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Lemonbase do?
- Lemonbase is a Korean performance management SaaS provider that also offers organizational diagnostics, HR consulting and leadership training.
- Who are Lemonbase's investors?
- Lemonbase's investors include Atinum Investment Co. Ltd..