Lucro

Nashville, United States Founded: 2015 • Age: 11 yrs Acquired By Valify
An online platform connects healthcare buyers with medical equipment vendors.
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About Lucro

Lucro is a company based in Nashville (United States) founded in 2015 was acquired by Valify in September 2018.. Lucro operates in a competitive market with competitors including Medikabazaar, Bttn, Impilo, Valify and Medpricer, among others.

  • Headquarter Nashville, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Valify

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    Valify

    (Sep 16, 2018)

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Funding Insights of Lucro

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2016 Amount Seed - Lucro Valuation Heritage Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lucro

Lucro has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Valify and Heritage Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Multi-stage tech and life sciences focused venture capital firm investing primarily in the US
Founded Year Domain Location
SaaS platform is used for benchmarking hospital purchased services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lucro

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Lucro

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lucro Comparisons

Employees
+
Add Comparison
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Competitors of Lucro

Lucro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medikabazaar, Bttn, Impilo, Valify and Medpricer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online marketplace for medical supplies, equipment, and devices catering to healthcare providers
domain founded_year HQ Location
Digital procurement platform is utilized by healthcare professionals and buyers.
domain founded_year HQ Location
Integrated logistics and data solutions for digital health are provided.
domain founded_year HQ Location
SaaS platform is used for benchmarking hospital purchased services.
domain founded_year HQ Location
Electronic platform for hospital-supplier contract negotiations is facilitated.
domain founded_year HQ Location
Cloud and AI-based material management software for hospitals is offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lucro

Valify Announces the Acquisition of Lucro
Businesswire7 years ago

Frequently Asked Questions about Lucro

When was Lucro founded?

Lucro was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Lucro located?

Lucro is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.

What does Lucro do?

Lucro was founded in 2015 in Nashville, United States, as an online platform in the healthcare sector. Medical equipment purchases are facilitated for organizations through vendor evaluations and selections. Projects are defined by hospitals to align with initiatives, and private boards are created to request vendor information. Innovative products are submitted by sellers to these boards for organizational consideration.

Who are the top competitors of Lucro?

Lucro's top competitors include Medikabazaar, Impilo and GreenLight Medical.

Who are Lucro's investors?

Lucro has 2 investors. Key investors include Valify, and Heritage Group.

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