2024 Revenue
$9.6M(Est.)
Funding
$0
Team
62
Founded
2018
Lucinity Revenue (2024)
Developer of a financial platform intended to detect suspicious behavior patterns and improve review efficiency. The company's platform boost anti-money laundering surveillance team intelligence, detect complex patterns, reduce false positives, transform review processes and continuous improvement, enabling clients to shed light on money laundering with a surveillance cloud solution.
Last updated
Lucinity Revenue
In 2024, Lucinity's revenue reached $9.6M. The company previously reported $5.3M in 2023. Since its launch in 2018, Lucinity has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Lucinity Hit $9.6m revenue in October 2024 | Estimated |
| 2023 | Lucinity Hit $5.3m revenue in October 2023 | Estimated |
| 2021 | Lucinity Hit $3.2m revenue in April 2021 | |
| 2018 | Launched with $0 revenue |
Lucinity Valuation, Funding Rounds
Lucinity is a bootstrapped Machine Learning Software startup. Founded in 2018, Lucinity has grown to $9.6M in revenue without raising any venture capital or outside funding.
As a self-funded Machine Learning Software SaaS company, Lucinity has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Gudmundur Kristjansson
CEO
Founder and CEO of Lucinity. Lucinity helps financial services surveillance teams to shed light on money laundering with a surveillance cloud solution that uses power of augmented intelligence to reduce process waste and improve regulatory compliance. Previously, he was the Citigroup's global product manager for surveillance technology, wherehe was responsible for developing the vision and charting the firm's technology path to machine learning and artificial intelligence applications in surveillance. Before, he managed the communication surveillance technology group at Citigroup, covering text and voice surveillance throughout the globe. Before Citi, I held senior product management roles at NICE Systems and CyberTech and successfully launched to market several enterprise applications.
Q&A
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Customers
We do not have customer count information for Lucinity yet.
Lucinity Employees & Team Size
Lucinity employs approximately 62 people as of 2026, down from 66 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 62 employees (December 2024) | |
| 2024 | Reached 66 employees (October 2024) | |
| 2023 | Reached 66 employees (October 2023) | |
| 2022 | Reached 79 employees (October 2022) | |
| 2021 | Reached 48 employees (December 2021) | |
| 2021 | Reached 38 employees (April 2021) |
Frequently Asked Questions about Lucinity
What is Lucinity's revenue?
Lucinity generates an estimated $9.6M in annual revenue.
Who founded Lucinity?
Lucinity was founded by Gudmundur Kristjansson.
Who is the CEO of Lucinity?
The CEO of Lucinity is Gudmundur Kristjansson.
How much funding does Lucinity have?
Lucinity is bootstrapped and has not raised outside funding.
How many employees does Lucinity have?
Lucinity has 62 employees.
Where is Lucinity headquarters?
Lucinity is headquartered in Reykjavík, Iceland.
Compare Lucinity to the industry
Lucinity operates across multiple industries. Browse revenue, funding, and growth data for Lucinity 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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