logo
logo

Lumen5 revenue is $4.8 million

Lumen5 team size is 39 employees


How did Latka collect this data?

Play

Latka collected this data by interviewing Lumen5 CEO Michael Cheng on 09/03/2018

Watch the podcast
logo

Lumen5

-

linkedinwebsite

How Lumen5 hit $4.8M Revenue with 5K customers in 2022.

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.

Founded

2017

Founded

Revenue

$4.8M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


Lumen5 Revenue

In 2022, Lumen5 revenue run rate hit $4.8M in revenue.

  • 2020

    Lumen5 hit $4.8M in revenue in 2020

  • 2019

    Lumen5 hit $3.7M in revenue in 2019

  • 2018

    Lumen5 hit $1.2M in revenue in 2018

  • 2017

    Lumen5 launched in 2017 with $0 revenue

208.00% ▲30.00% ▲$1.2M$3.7M$4.8M

Lumen5 Funding History

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

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    Lumen5 has 39 total employees and 4 sales reps that carry a quota. They have 5000 customers an engineering team of 9 and a marketing team of 5

    20182020200▲
    DISTRIBUTIONQTY
    Total team size
    39
    Engineer
    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.

    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


    Customers

    Lumen5 has 5K customers.

    Lifetime Months

    9

    x

    Monthly ARPU

    $50

    =

    Lifetime Dollar

    $910

    Acquisition Cost

    $200

    Average Annual Price

    $600

    $0$6004 month payback period024681012
    $0$6004 month payback period024681012

    Churn

    Lumen5 has an annual churn rate of 144.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -144.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    44.00%


    About Lumen5

    Monthly Revenue

    $400K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    29.73%

    =

    Rule of 40

    30


    Lumen5 Board of Directors

    NamePosition

    Lumen5 Executives

    NamePosition
    Michael Cheng CEO

    Lumen5 Employees

    NamePosition
    Michael Cheng CEO

    Frequently Asked Questions about Lumen5

    When was Lumen5 founded?

    Lumen5 was founded in 2017.

    How much revenue does Lumen5 generate?

    Lumen5 generates $4.8M in revenue.

    Who is the CEO of Lumen5?

    The CEO of Lumen5 is Michael Cheng.

    How much funding does Lumen5 have?

    Lumen5 was raised $0.

    How many employees does Lumen5 have?

    Lumen5 has raised 39 employees.

    Where is Lumen5 headquarters?

    Lumen5 headquater is at Canada