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"The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here.\nName: Lemon\nQuick Pitch: Lemon gives you the tools to collect all your receipts in one place and analyze the data in a simple dashboard.\nGenius Idea: A personalized email address for shopping.\nPalo Alto-based startup Lemon aims to be the single place where you store and manage all of your receipts \u2014 whether they be the paper kind collecting dust in your wallet or the electronic variety lost in your inbox. \nAfter operating under-the-radar for several months, Lemon officially launched its web and mobile receipt system to the public last week. It has managed to attract more than 100,000 registered users who are already using it to pluck receipt data off the printed or digital page and place it in a dashboard for safe-keeping and future reference.\nLemon's system is simple enough to use: You can either send your electronic receipts to username@lemon.com or scan paper ones via the startup's mobile applications for iPhone and Android. \nLemon then grabs the relevant purchase data from your receipts \u2014 date, amount, merchant, tracking number and the like \u2014 to create monthly summaries and purchase reports. You can, of course, revisit all your receipts and apply labels to make tracking expenses or storing receipts for tax returns an easy process.\n\n\n\n\nSoon enough, you'll be able to share receipts individually or by label with folks who might want quick access \u2014 like your accountant, for instance.\nBut Lemon isn't just intended for the expense or tax-reporting crowds. \"We want Lemon to be an application for absolutely anybody,\" Lemon co-CEO Wenceslao Casares says. He points to heads of households, college students, small business owners and anyone else looking to retain information about their purchases (regardless of how, when or where they make them) as potential users of the service.\n\"Mobile phones are going to change the way we live,\" Casares says. \"And they're going to change the way we transact.\"\nLemon, with its current receipt-saving system and an eventual bill-payment product, Casares insists, will play a part in the mobile revolutoin he anticipates. \nLemon, which has 20 employees, has raised roughly $10 million funding.\nImage courtesy of Flickr, Kate*\nSeries Supported by Microsoft BizSpark\n\n\nThe Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark, a startup program that gives you three-year access to the latest Microsoft development tools, as well as connecting you to a nationwide network of investors and incubators. There are no upfront costs, so if your business is privately owned, less than three years old, and generates less than U.S.$1 million in annual revenue, you can sign up today."^^<http://www.w3.org/2001/XMLSchema#string>
<http://mashable.com/2011/10/18/lemon/>