Valuation
$10.6M
2025 Revenue
$3.5M
Funding
$0
Team · 2024
32
Founded
2016
How Lucrotec CEO Charles Spofford grew 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 | Quote |
|---|---|---|
| 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
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.
Lucrotec Employees & Team Size
Lucrotec employs approximately 32 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 32 employees (September 2024) |
Frequently Asked Questions about Lucrotec
What is Lucrotec's revenue?
Lucrotec generates an estimated $3.5M in annual 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.
Compare Lucrotec to the industry
Lucrotec operates across multiple industries. Browse revenue, funding, and growth data for Lucrotec 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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