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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
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.
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 |
|---|
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.
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We do not have customer count information for Lucinity yet.
Lucinity employs approximately 62 people as of 2026, down from 66 in 2023.
Lucinity generates an estimated $9.6M in annual revenue.
Lucinity was founded by Gudmundur Kristjansson.
The CEO of Lucinity is Gudmundur Kristjansson.
Lucinity is bootstrapped and has not raised outside funding.
Lucinity has 62 employees.
Lucinity is headquartered in Reykjavík, Iceland.
Lucinity operates across multiple industries. Browse revenue, funding, and growth data for Lucinity 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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85 associated members
2024 Revenue
$9.6M(Est.)
Funding
$0
Team
62
Founded
2018
| 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 |
| 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) |
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