Lob revenue hit $64.8M in 2024

Lob generates revenue from 8500 customers

Lob

185 Berry Street, Suite 6100, San Francisco, California, 94107, United States

How did Latka collect this data?

Latka collected this data by interviewing Lob CEO Leore Avidar on Jul 9, 2019

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Lob hit $64.8M revenue and 8.5K customers in 2019.

Lob, Inc. is a cloud-based direct mail and address verification platform company based in San Francisco, California, United States. Lob offers an API platform that enables businesses to send personalized, physical mail at scale. The platform includes features such as address verification, data cleansing, and mail tracking that help businesses streamline their direct mail operations and improve their delivery rates. Lob's platform also provides integrations with other business technologies such as CRM, marketing automation, and e-commerce platforms to help businesses automate their direct mail workflows and improve their customer experience.

Founded

2013

Founded

Revenue

$64.8M

2019 Revenue

YOY

-----

YOY

Funding

$151.3M

Funding

Lob Revenue

In 2019, Lob revenue run rate hit $64.8M in revenue.

  • 2019

    Lob hit $64.8M in revenue in 2019

  • 2013

    Lob launched in 2013 with $0 revenue

Lob Funding History

  • 2021 Series C

    Lob raised a Series C of in February, 2021

  • 2017

    Lob raised a of in June, 2017

  • 2017 Series B

    Lob raised a Series B of in May, 2017

  • 2016

    Lob raised a of in June, 2016

  • 2014 Series A

    Lob raised a Series A of in September, 2014

  • 2014

    Lob raised a of in August, 2014

  • 2013 Seed Round

    Lob raised a Seed Round of in November, 2013

  • 2013 Convertible Note

    Lob raised a Convertible Note of in August, 2013

  • 2013 Seed Round

    Lob raised a Seed Round of in March, 2013

FUNDING DATE ROUND AMOUNT VALUATION
February, 25 2021 Series C
June, 01 2017
May, 31 2017 Series B
June, 01 2016
September, 08 2014 Series A
August, 22 2014
November, 04 2013 Seed Round
August, 19 2013 Convertible Note
March, 01 2013 Seed Round

Team

Lob has 312 total employees and 53 sales reps that carry a quota. They have 8,500 customers an engineering team of 44 and a marketing team of 9.

DISTRIBUTION QTY
Total team size 312
Engineer 44 (14%)
Sales 53 (17%)
Marketing 9 (3%)

Founder / CEO

Leore Avidar

Leore Avidar is CEO and Co-Founder at Lob. Prior to Lob, Leore was a Technical Business Developer at Amazon Web Services and a Quant/Derivative trader at Citigroup. A University of Michigan graduate, Leore is passionate about always getting a good deal and building a great company culture.

Q&A

  • What's your age?

    31

  • Favorite online tool?

    Carta

  • Favorite book?

    Never Split The Difference

  • Favorite CEO?

    jeff Bezos

  • Advice for 20 year old self

    no one has their shit together

Customers

Churn

Lob Executives

Name Position Working Email Personal Email
Leore Avidar CEO [email protected] -

Lob Employees

Name Position Working Email Personal Email
Leore Avidar CEO [email protected] -

Lob Board of Directors

Name Position Working Email Personal Email
Harry Zhang Board Member - -
Ali Rowghani Board Member [email protected] [email protected]
Dave Barrett Board Member [email protected] -

Frequently Asked Questions about Lob

  • When was Lob founded?

    Lob was founded in 2013.

  • How much revenue does Lob generate?

    Lob generates $64.8M in revenue.

  • Who is the CEO of Lob

    The CEO of Lob is Leore Avidar.

  • How much funding does Lob have?

    Lob raised $151.3M.

  • How many employees does Lob have?

    Lob has 312 employees.

  • Where is Lob headquarters?

    Lob is headquartered at 185 Berry Street, Suite 6100, San Francisco, California, 94107, United States

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