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Lumen5 is a Canadian-based company that provides a video creation platform for businesses and individuals. The platform uses artificial intelligence (AI) and machine learning algorithms to analyze text-based content and create engaging video content automatically. Users can input text, images, or video clips and the platform will generate a video with music and visuals in a matter of minutes. Lumen5's solution also includes features such as customizable templates, stock footage and music, and integration with social media platforms. The company''s mission is to provide businesses and individuals with a simple and affordable way to create high-quality video content without requiring any technical expertise. Lumen5 is headquartered in Vancouver, Canada.
Last updated
In 2024, Lumen5's revenue reached $7M. The company previously reported $4.8M in 2020. Since its launch in 2017, Lumen5 has shown consistent revenue growth.
Lumen5 reached a $14.4M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $14.4M | - |
CEO
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.
| Question | Answer |
|---|---|
| What's your age? | 32 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Lumen5 serves 5K customers.
Lumen5 employs approximately 49 people as of 2026, including 4 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
Lumen5 generates an estimated $7M in annual revenue.
Lumen5 was founded by Michael Cheng.
The CEO of Lumen5 is Michael Cheng.
Lumen5 raised $0.
Lumen5 has 49 employees.
Lumen5 is headquartered in Vancouver, British Columbia, Canada.
Lumen5 operates across multiple industries. Browse revenue, funding, and growth data for Lumen5 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
$14.4M
2024 Revenue
$7M(Est.)
Customers
5K
Funding
$0
Avg ACV
$1.4K
Team
49
Founded
2017
| Year | Milestone | Source |
|---|---|---|
| 2024 | Lumen5 Hit $7m revenue in June 2024 | Estimated |
| 2020 | Lumen5 Hit $4.8m revenue in November 2020 | |
| 2019 | Lumen5 Hit $3.7m revenue in December 2019 | |
| 2018 | Lumen5 Hit $1.2m revenue in September 2018 | |
| 2017 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 49 employees (October 2024) | |
| 2023 | Reached 49 employees (July 2023) | |
| 2023 | Reached 49 employees (July 2023) | |
| 2023 | Reached 47 employees (January 2023) | |
| 2022 | Reached 47 employees (January 2022) | |
| 2021 | Reached 41 employees (January 2021) | |
| 2020 | Reached 39 employees (December 2020) | |
| 2020 | Reached 40 employees (November 2020) | |
| 2020 | Reached 33 employees (June 2020) | |
| 2018 | Reached 11 employees (September 2018) |
Interview with Michael Cheng, CEO
Recorded Sep 3, 2018