Lumen5 logo
Founded 2017

Lumen5

2020 Revenue

$4.8M

YOY

29.73%

Funding

$0.0

How Lumen5 hit $4.8M in Revenue with 5K Customers in 2020.

About Lumen5

Lumen5 is a video creation platform powered by A.I. that enables anyone without training or experience to easily create engaging video content within minutes.

Monthly Revenue

$400.0K

+ $91.7K (29.73%)
Total Expenses

$400.0K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

29.73%

=
Rule of 40

30


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Lumen5 CEO Michael Cheng on 02/09/2021

Watch the podcast


Headquarters

Canada
$Funding$Revenue

Lumen5 Revenue

In 2020, Lumen5 revenue run rate hit $4.8M in revenue.

208.00%▲30.00%▲$1.2M$3.7M$4.8M

Lumen5 Valuation and Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation

Customers

Lumen5 has 5K customers.

Lifetime Months

8

×
Monthly ARPU

$50.0

=
Lifetime Dollars

$910.0


Acquisition Cost

$200.0

Average Annual Price

$600.0

$0$600.04 month payback period024681012

Churn

Lumen5 has an annual churn rate of 144.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-144.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

-44.00%

Team

Employees

Lumen5 has 40 employees. They have 4 sales reps that carry a quota, an engineering team of 9 and a marketing team of 5.

20182020200.00%▲
DistributionQty

Total Team Size

40

Engineers

9 (23%)

Sales

4 (10%)

Marketing

5 (13%)

CEO/Founder

Michael Cheng

Ryan’s passion is people development, technology, and outdoor adventure. He enjoys helping people succeed and, in his spare time, he is always looking for new ways to explore the mountains of Colorado or a tropical reef.


CEO Q&A

What's your age?

29

Favorite online tool?

Canva

Favorite book?

Predictable Revenue

Favorite CEO?

Oli Unbounce

Advice for 20 year old self

The importance of scale


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Frequently Asked Questions about Lumen5

When was Lumen5 founded?

Lumen5 was founded in 2017.


Who is the CEO of Lumen5?

The CEO of Lumen5 is Michael Cheng


How many employees does Lumen5 have?

Lumen5 has 40 employees.

How much revenue does Lumen5 generate?

Lumen5 generates $4.8M in revenue.


How much funding does Lumen5 have?

Lumen5 has raised $0.0.


Where is Lumen5 headquarters?

Lumen5 is headquartered at Canada

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