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Locustec is a software company that provides environmental software solutions for organizations to proactively manage their environmental compliance and sustainability performance. Their software helps clients track and report on environmental data, manage regulatory compliance, and improve their environmental sustainability practices.
Last updated
In 2024, Locus Technologies's revenue reached $18.5M. The company previously reported $10.2M in 2023. Since its launch in 1997, Locus Technologies has shown consistent revenue growth.
Locus Technologies is a bootstrapped Sustainability Management Software startup. Founded in 1997, Locus Technologies has grown to $18.5M in revenue without raising any venture capital or outside funding.
As a self-funded Sustainability Management Software SaaS company, Locus Technologies has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
As Founder and CEO of Locus Technologies, Dr. Duplan spent his career combining his understanding of environmental science with a vision of how to gather, aggregate, organize, and analyze environmental data to help organizations better manage and report their environmental and sustainability footprints. During the 1980’s, while conducting research as a graduate student at Carnegie Mellon, Dr. Duplan developed the first prototype system for an environmental information management database. This discovery eventually lead to the formation of Locus Technologies in 1997. As technology evolved and new guidelines for environmental stewardship expanded, so has the vision Dr. Duplan has held for Locus. With the company’s deployment of the world’s first commercial Software-as-Service (SaaS) product for environmental information management in 1999 to the Locus Mobile solution in 2014, today Dr. Duplan continues to lead and challenge his team to be the leading provider of cloud-based EH&S and sustainability software. Dr. Duplan holds a Ph.D. in Civil Engineering from the University of Zagreb, Croatia, an M.S. in Civil Engineering from Carnegie-Mellon, and a B.S. in Civil Engineering from the University of Split, Croatia. He also attended advanced Management Training at Stanford University.
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Locus Technologies serves 500 customers.
Locus Technologies employs approximately 94 people as of 2026, up from 86 in 2023, including 6 sales reps that carry a quota. It serves 500 customers that rely on its solutions.
Locus Technologies generates an estimated $18.5M in annual revenue.
Locus Technologies was founded by Neno Duplan.
The CEO of Locus Technologies is Neno Duplan.
Locus Technologies is bootstrapped and has not raised outside funding.
Locus Technologies has 94 employees.
Locus Technologies is headquartered in Mountain View, California, United States.
Locus Technologies operates across multiple industries. Browse revenue, funding, and growth data for Locus Technologies 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
$18.5M(Est.)
Customers
500
Funding
$0
Avg ACV
$37.1K
Team
94
Founded
1997
| Year | Milestone | Source |
|---|---|---|
| 2024 | Locus Technologies Hit $18.5m revenue in October 2024 | Estimated |
| 2023 | Locus Technologies Hit $10.2m revenue in October 2023 | Estimated |
| 2021 | Locus Technologies Hit $7.3m revenue in April 2021 | |
| 1997 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 94 employees (December 2024) | |
| 2024 | Reached 86 employees (October 2024) | |
| 2023 | Reached 86 employees (October 2023) | |
| 2023 | Reached 82 employees (September 2023) | |
| 2023 | Reached 81 employees (January 2023) | |
| 2022 | Reached 79 employees (October 2022) | |
| 2022 | Reached 81 employees (January 2022) | |
| 2021 | Reached 74 employees (December 2021) | |
| 2021 | Reached 79 employees (August 2021) | |
| 2021 | Reached 87 employees (April 2021) |
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