Lumber

Private

Palo Alto, CaliforniaEnterprise Softwarehttps://lumberfi.com

Last Round

Series A

Mar 25, 2025

Total Funding Raised

$21M

Momentum Score

75 /100

Company Overview

Lumber is a business/productivity software company that provides an AI-powered, all-in-one construction workforce management platform designed to streamline payroll, time tracking, safety, compliance, and field productivity for contractors.

Sector

Enterprise Software

Verticals

Vertical SaaS, Construction Tech, Compliance, HR, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

construction payrollconstruction techConTechcertified payrollworkforce managementprevailing wage complianceconstruction time trackingunion reportingpayroll automationjob costingHR managementvertical SaaSAI-powered automationmobile time trackingapplicant tracking systemERP integration

Historical Pricing

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Caplight Momentum Score

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Lumber Comps

Public and private peers based on sector, stage, and business model.

Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Lumber Funding Rounds

Historical fundraising activity

Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Mar 25, 2025
Seed	Sep 12, 2023

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Key People

Founding team and executive leadership

Manish Kumar

CTO Co-Founder

Founding Team

Shreesha Ramdas

CEO Co-Founder

Founding Team

Lumber Investors

Notable investors and investment history

Investor	Rounds
FirsthandVC	Seed
Foundation Capital	Series A
Carbide Ventures	Series A, Seed
8VC	Series A, Seed
Sure Ventures	Series A, Seed
Converge	Seed

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Market signals

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Apr 7, 2026
Hosting the Construction Summit Arizona to connect industry leaders and talent.
Jan 27, 2026
Platform now integrates with Acumatica Cloud ERP for real-time visibility.

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Lumber Filings

SEC and related filings with document metadata.

Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Lumber Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPalo Alto, California

Employee Range248

Year Founded2023

Last FundingMar 25, 2025

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