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.
2013
Founded
$64.8M
2019 Revenue
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YOY
$151.3M
Funding
Lob Revenue
In 2019, Lob revenue run rate hit $64.8M in revenue.
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2019
Lob hit $64.8M in revenue in 2019
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2013
Lob launched in 2013 with $0 revenue
Lob Funding History
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2021 Series C
Lob raised a Series C of in February, 2021
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2017
Lob raised a of in June, 2017
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2017 Series B
Lob raised a Series B of in May, 2017
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2016
Lob raised a of in June, 2016
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2014 Series A
Lob raised a Series A of in September, 2014
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2014
Lob raised a of in August, 2014
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2013 Seed Round
Lob raised a Seed Round of in November, 2013
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2013 Convertible Note
Lob raised a Convertible Note of in August, 2013
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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
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What's your age?
31
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Favorite online tool?
Carta
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Favorite book?
Never Split The Difference
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Favorite CEO?
jeff Bezos
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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
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When was Lob founded?
Lob was founded in 2013.
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How much revenue does Lob generate?
Lob generates $64.8M in revenue.
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Who is the CEO of Lob
The CEO of Lob is Leore Avidar.
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How much funding does Lob have?
Lob raised $151.3M.
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How many employees does Lob have?
Lob has 312 employees.
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Where is Lob headquarters?
Lob is headquartered at 185 Berry Street, Suite 6100, San Francisco, California, 94107, United States
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