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Valuation

$28.2M

2024 Revenue

$9.4M

Funding

$0

Team

47

Founded

2021

How Lenco CEO Andrew Airelobhegbe grew Lenco to $9.4M revenue with a 47 person team in 2024.

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Lenco Revenue

In 2024, Lenco's revenue reached $9.4M. Since its launch in 2021, Lenco has shown consistent revenue growth.

Lenco Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M2021202220232024$0$9MSource: GetLatka.com
YearMilestone
2024Lenco Hit $9.4m revenue in June 2024
2021Launched with $0 revenue

Lenco Valuation, Funding Rounds

Lenco's most recent disclosed valuation is $28.2M.

Lenco is a bootstrapped SaaS startup. Founded in 2021, Lenco has grown to $9.4M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, Lenco has built its business with no outside investment.

Lenco Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120212021 cumulative: $0 • 2021 Founded: $02021 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Lenco Employees & Team Size

Lenco employs approximately 47 people as of 2026.

Lenco has 47 total employees in different roles and functions.

Lenco Team GrowthReported headcount over time0102030405020212022202320240013134747Source: GetLatka.com
YearMilestone
2024Reached 47 employees (December 2024)
2024Reached 13 employees (June 2024)
2024Reached 13 employees (June 2024)

Founder / CEO

Andrew Airelobhegbe

Andrew Airelobhegbe is listed as Founder / CEO at Lenco.

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Customers

We do not have customer count information for Lenco yet.

Frequently Asked Questions about Lenco

What is Lenco's revenue?

Lenco generates $9.4M in revenue.

Who founded Lenco?

Lenco was founded by Andrew Airelobhegbe.

Who is the CEO of Lenco?

The CEO of Lenco is Andrew Airelobhegbe.

How much funding does Lenco have?

Lenco raised $0.

How many employees does Lenco have?

Lenco has 47 employees.

Where is Lenco headquarters?

Lenco is headquartered in Lagos, Nigeria.

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 .

Lenco Revenue 2024: $9.4M ARR, $28.2M Valuation