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2024 Revenue

$10.6M

Customers

1K

Funding

$0

YOY

56.7%

Avg ACV

$10.6K

Team

72

Founded

2004

How LeanPath CEO Andrew Shakman grew LeanPath to $10.6M revenue and 1K customers in 2024.

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.

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LeanPath Revenue

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 Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M20042006200820102012201420162018202020222024$0$4M$11MSource: GetLatka.com
YearMilestoneQuote
2024LeanPath Hit $10.6m revenue in October 2024
2023LeanPath Hit $6.8m revenue in October 2023
2021LeanPath Hit $4.2m revenue in April 2021
2004Launched with $0 revenue

LeanPath Valuation, Funding Rounds

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.

LeanPath Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120042004 cumulative: $0 • 2004 Founded: $02004 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Andrew Shakman

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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Customers

LeanPath serves 1K customers.

LeanPath Employees & Team Size

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 Team GrowthReported headcount over time02040608020042006200820102012201420162018202020222024007272Source: GetLatka.com
YearMilestone
2024Reached 72 employees (December 2024)
2024Reached 59 employees (October 2024)
2023Reached 59 employees (October 2023)
2022Reached 54 employees (October 2022)
2021Reached 44 employees (December 2021)
2021Reached 50 employees (April 2021)

Frequently Asked Questions about LeanPath

What is LeanPath's revenue?

LeanPath generates $10.6M in revenue.

Who founded LeanPath?

LeanPath was founded by Andrew Shakman.

Who is the CEO of LeanPath?

The CEO of LeanPath is Andrew Shakman.

How much funding does LeanPath have?

LeanPath raised $0.

How many employees does LeanPath have?

LeanPath has 72 employees.

Where is LeanPath headquarters?

LeanPath is headquartered in Beaverton, Oregon, Canada.

Compare LeanPath to the industry

LeanPath operates across multiple industries. Browse revenue, funding, and growth data for LeanPath in each sector below.

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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LeanPath Revenue 2024: $10.6M ARR (Bootstrapped)