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Developer of a food waste smart meter designed to track, optimize and reduce food wastes. The company's automated food waste tracking system combines a built-in scale, camera and touchscreen user interface that tracks real-time data on the amount of food items bought per family and recommends approximate quantity that can be an excess purchase which can further be reduced while ordering food items from retail stores, enabling restaurants, grocery stores and customers to reduce food wastage by not selling or buying food above consumption limits, thereby optimizing costs and savings.
Last updated
In 2024, LeanPath's revenue reached $10.6M. The company previously reported $6.8M in 2023. Since its launch in 2004, LeanPath has shown consistent revenue growth.
LeanPath is a bootstrapped Other Analytics Software startup. Founded in 2004, LeanPath has grown to $10.6M in revenue without raising any venture capital or outside funding.
As a self-funded Other Analytics Software SaaS company, LeanPath has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Since co-founding Leanpath in 2004, Andrew has been working at the front lines of behavior change and is an internationally renowned expert in food waste prevention.
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LeanPath serves 1K customers.
LeanPath employs approximately 72 people as of 2026, up from 59 in 2023, including 9 sales reps that carry a quota. It serves 1K customers that rely on its solutions.
LeanPath generates an estimated $10.6M in annual revenue.
LeanPath was founded by Andrew Shakman.
The CEO of LeanPath is Andrew Shakman.
LeanPath is bootstrapped and has not raised outside funding.
LeanPath has 72 employees.
LeanPath is headquartered in Beaverton, Oregon, Canada.
LeanPath operates across multiple industries. Browse revenue, funding, and growth data for LeanPath in each sector below.
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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2024 Revenue
$10.6M(Est.)
Customers
1K
Funding
$0
Avg ACV
$10.6K
Team
72
Founded
2004
| Year | Milestone | Source |
|---|---|---|
| 2024 | LeanPath Hit $10.6m revenue in October 2024 | Estimated |
| 2023 | LeanPath Hit $6.8m revenue in October 2023 | Estimated |
| 2021 | LeanPath Hit $4.2m revenue in April 2021 | |
| 2004 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 72 employees (December 2024) | |
| 2024 | Reached 59 employees (October 2024) | |
| 2023 | Reached 59 employees (October 2023) | |
| 2022 | Reached 54 employees (October 2022) | |
| 2021 | Reached 44 employees (December 2021) | |
| 2021 | Reached 50 employees (April 2021) |
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