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How GenLots CEO Simon Schenker grew to $840K revenue with a 3 person team in 2021.

Operator of a financial saving platform intended to bring machine learning to the supply chain and unlock untapped savings. The company's platform saves from total purchasing costs and gets a direct impact on the gross margin and also handles factors such as quantity discounts, storage constraints or perishable items, enabling clients to get optimal order plan anytime and increase profits while maintaining existing IT infrastructure and business processes.

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GenLots Revenue

In 2021, GenLots's revenue reached $840K. Since its launch in 2017, GenLots has shown consistent revenue growth.

GenLots Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K$1M20172018201920202021$0$840KSource: GetLatka.com
YearMilestoneQuote
2021GenLots Hit $840k revenue in April 2021
2017Launched with $0 revenue

GenLots Valuation, Funding Rounds

GenLots's most recent disclosed valuation is $2.5M.

GenLots Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12017Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Simon Schenker

CEO

Simon Schenker is listed as CEO at GenLots.

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Customers

We do not have customer count information for GenLots yet.

GenLots Employees & Team Size

GenLots employs approximately 3 people as of 2026.

GenLots Team GrowthReported headcount over time03581013201720182019202020212022202320240033Source: GetLatka.com
YearMilestone
2024Reached 3 employees (October 2024)
2023Reached 3 employees (December 2023)
2022Reached 3 employees (December 2022)
2021Reached 10 employees (April 2021)

Frequently Asked Questions about GenLots

What is GenLots's revenue?

GenLots generates $840K in revenue.

Who founded GenLots?

GenLots was founded by Simon Schenker.

Who is the CEO of GenLots?

The CEO of GenLots is Simon Schenker.

How much funding does GenLots have?

GenLots raised $0.

How many employees does GenLots have?

GenLots has 3 employees.

Where is GenLots headquarters?

GenLots is headquartered in China.

Compare GenLots to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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