Lucrotec
Valuation
$10.6M
2025 Revenue
$3.5M
Funding
$0
Team
32
Founded
2016
How Lucrotec CEO Charles Spofford grew Lucrotec to $3.5M revenue with a 32 person team in 2025.
Fintech company providing B2B payment solutions (telecom, utility, comprehensive AP payments, invoice digitization, workflow automation) for midsize to large enterprises.
Last updated
Lucrotec Revenue
In 2025, Lucrotec's revenue reached $3.5M. Since its launch in 2016, Lucrotec has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2025 | Lucrotec Hit $3.5m revenue in September 2025 |
| 2016 | Launched with $0 revenue |
Lucrotec Valuation, Funding Rounds
Lucrotec's most recent disclosed valuation is $10.6M.
Lucrotec is a bootstrapped Financial Services Software startup. Founded in 2016, Lucrotec has grown to $3.5M in revenue without raising any venture capital or outside funding.
As a self-funded Financial Services Software SaaS company, Lucrotec has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Lucrotec Employees & Team Size
Lucrotec employs approximately 32 people as of 2026.
Lucrotec has 32 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 2024 | Reached 32 employees (September 2024) |
Founder / CEO
Charles Spofford
Charles Spofford is listed as Founder / CEO at Lucrotec.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Lucrotec yet.
Frequently Asked Questions about Lucrotec
What is Lucrotec's revenue?
Lucrotec generates $3.5M in revenue.
Who founded Lucrotec?
Lucrotec was founded by Charles Spofford.
Who is the CEO of Lucrotec?
The CEO of Lucrotec is Charles Spofford.
How much funding does Lucrotec have?
Lucrotec raised $0.
How many employees does Lucrotec have?
Lucrotec has 32 employees.
Where is Lucrotec headquarters?
Lucrotec is headquartered in Rockaway, New Jersey, United States.
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Compare Lucrotec to the industry
Lucrotec operates across multiple industries. Browse revenue, funding, and growth data for Lucrotec in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .