Lumber Overview
- Year Founded
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2023
- Status
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Private
- Employees
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323
- Latest Deal Type
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Series A
- Latest Deal Amount
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$15.5M
- Investors
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13
Lumber General Information
Description
Developer of an AI-powered workforce management platform designed to automate payroll and compliance. The company's platform integrates hiring, scheduling, time tracking, and labor law compliance into a unified system, enabling construction enterprises to streamline administrative operations and improve labor productivity.
Contact Information
Website
www.lumberfi.comCorporate Office
- 526 Bryant Street
- Palo Alto, CA 94301
- United States
Corporate Office
- 526 Bryant Street
- Palo Alto, CA 94301
- United States
Lumber Timeline
Lumber Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series A) | 27-Dec-2024 | $15.5M | Completed | Generating Revenue | ||
| 2. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 1. Seed Round | 12-Sep-2023 | $5.5M | $5.5M | Completed | Generating Revenue |
Lumber Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed-2 | ||||||||
| Seed-1 | 4,458,127 | $0.000010 | $1.23 | $1.23 | 1x | $1.23 | 16.34% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Lumber Comparisons
Industry
Financing
Details
Lumber Competitors (33)
One of Lumber’s 33 competitors is WorkForce Software, a Formerly PE-Backed company based in Livonia, MI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| WorkForce Software | Formerly PE-Backed | Livonia, MI | ||||
| PlanSource | Private Equity-Backed | Orlando, FL | ||||
| Infor Global Solutions | Private Equity-Backed | Atlanta, GA | ||||
| Rippling | Venture Capital-Backed | San Francisco, CA | ||||
| ServiceNow | Formerly VC-backed | Santa Clara, CA |
Lumber Signals
Lumber Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Foundation Capital | Venture Capital | Minority | ||
| Tishman Speyer | Real Estate | Minority | ||
| 8VC | Venture Capital | Minority | ||
| Arc180 | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Lumber Acquisitions (2)
Lumber’s most recent deal was a Merger/Acquisition with Pivla. The deal was made on 26-May-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Pivla | 26-May-2026 | Merger/Acquisition | Business/Productivity Software | ||
| BuilderFax | 01-May-2025 | Merger/Acquisition | Application Software |
Lumber Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Pivla | Stanford, CA | 2023 | |
| BuilderFax | Westcliffe, CO | 2023 |
Lumber FAQs
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When was Lumber founded?
Lumber was founded in 2023.
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Where is Lumber headquartered?
Lumber is headquartered in Palo Alto, CA.
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What is the size of Lumber?
Lumber has 323 total employees.
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What industry is Lumber in?
Lumber’s primary industry is Business/Productivity Software.
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Is Lumber a private or public company?
Lumber is a Private company.
-
What is the current valuation of Lumber?
The current valuation of Lumber is .
-
What is Lumber’s current revenue?
The current revenue for Lumber is .
-
How much funding has Lumber raised over time?
Lumber has raised $21M.
-
Who are Lumber’s investors?
Foundation Capital, Tishman Speyer, 8VC, Arc180, and are 5 of 13 investors who have invested in Lumber.
-
Who are Lumber’s competitors?
WorkForce Software, PlanSource, Infor Global Solutions, Rippling, and ServiceNow are some of the 33 competitors of Lumber.
Data Transparency
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