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How Lapetus Solutions CEO Karl Ricanek grew Lapetus Solutions to $1.5M revenue with a 20 person team in 2024.

Developer of cloud-based biodemographics and facial analysis software designed to predict the future of life events and insurances. The company's cloud-based biodemographics and facial analysis software offers a life insurance underwriting engine that uses biodemography and facial analytics to engage consumers online and rapidly approve them for coverage and also offers a life event-based financial scoring and planning tool that is the first to consider an individual's health, longevity and well-being in addition to wealth, enabling the life insurance and life settlement industries to predict all future life events and financial improvements.

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Lapetus Solutions Revenue

In 2024, Lapetus Solutions's revenue reached $1.5M. The company previously reported $596.9K in 2023. Since its launch in 2014, Lapetus Solutions has shown consistent revenue growth.

Lapetus Solutions Revenue GrowthReported revenue / ARR by year$0$400K$800K$1M$2M201420162018202020222024$0$374K$597K$1MSource: GetLatka.com
YearMilestone
2024Lapetus Solutions Hit $1.5m revenue in October 2024
2023Lapetus Solutions Hit $596.9k revenue in October 2023
2021Lapetus Solutions Hit $374k revenue in April 2021
2014Launched with $0 revenue

Lapetus Solutions Valuation, Funding Rounds

Lapetus Solutions is a bootstrapped Image Recognition Software startup. Founded in 2014, Lapetus Solutions has grown to $1.5M in revenue without raising any venture capital or outside funding.

As a self-funded Image Recognition Software SaaS company, Lapetus Solutions has built its business with no outside investment.

Lapetus Solutions Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120142014 cumulative: $0 • 2014 Founded: $02014 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Lapetus Solutions Employees & Team Size

Lapetus Solutions employs approximately 20 people as of 2026.

Lapetus Solutions has 20 total employees in different roles and functions.

Lapetus Solutions Team GrowthReported headcount over time0510152025201420162018202020222024002020Source: GetLatka.com
YearMilestone
2024Reached 20 employees (October 2024)
2023Reached 20 employees (October 2023)
2022Reached 16 employees (October 2022)
2021Reached 15 employees (December 2021)
2021Reached 16 employees (April 2021)

Founder / CEO

Karl Ricanek

Karl Ricanek is listed as Founder / CEO at Lapetus Solutions.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

We do not have customer count information for Lapetus Solutions yet.

Frequently Asked Questions about Lapetus Solutions

What is Lapetus Solutions's revenue?

Lapetus Solutions generates $1.5M in revenue.

Who founded Lapetus Solutions?

Lapetus Solutions was founded by Karl Ricanek.

Who is the CEO of Lapetus Solutions?

The CEO of Lapetus Solutions is Karl Ricanek.

How much funding does Lapetus Solutions have?

Lapetus Solutions raised $0.

How many employees does Lapetus Solutions have?

Lapetus Solutions has 20 employees.

Where is Lapetus Solutions headquarters?

Lapetus Solutions is headquartered in Wilmington, North Carolina, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Lapetus Solutions Revenue 2024: $1.5M ARR (Bootstrapped)