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Fintech company providing B2B payment solutions (telecom, utility, comprehensive AP payments, invoice digitization, workflow automation) for midsize to large enterprises.
Last updated
In 2025, Lucrotec's revenue reached $3.5M. Since its launch in 2016, Lucrotec has shown consistent revenue growth.
Lucrotec reached a $10.6M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $10.6M | - |
| Question | Answer |
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We do not have customer count information for Lucrotec yet.
Lucrotec employs approximately 32 people as of 2026.
Lucrotec generates an estimated $3.5M in annual revenue.
Lucrotec was founded by Charles Spofford.
The CEO of Lucrotec is Charles Spofford.
Lucrotec raised $0.
Lucrotec has 32 employees.
Lucrotec is headquartered in Rockaway, New Jersey, United States.
Lucrotec operates across multiple industries. Browse revenue, funding, and growth data for Lucrotec 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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Valuation
$10.6M
2025 Revenue
$3.5M(Est.)
Funding
$0
Team · 2024
32
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2025 | Lucrotec Hit $3.5m revenue in September 2025 | Estimated |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 32 employees (September 2024) |
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