Lumber

California City, United States Founded: 2023 • Age: 3 yrs
Construction time tracking and payroll software is provided for contractors.

About Lumber

Lumber is a Technology company based in California City (United States) founded in 2023 by Shreesha Ramdas and Manish Kumar. Construction time tracking and payroll software is provided for contractors. It operates on a SaaS (Software-as-a-Service) model. Lumber has raised $21 million across 2 funding rounds from investors including Tishman Speyer, Sure Ventures and Foundation Capital. Lumber has completed 1 acquisition, including BuilderFax. Its chief executive, as recorded, is Shreesha Ramdas. Its website lumberfi.com draws about 16 thousand monthly visits. Its Indian entity Lumberfi Private Limited reported revenue of β‚Ή8.71 Cr. Lumber offers products and services including Lumber Payroll, Lumber Time Tracking, Lumber HR, Lumber Scheduler, and Lumber Benefits. Its focus areas include Software and Construction Software. Its competitors include Legion, Harri and Work Market; 3 of its 3 listed competitors have raised funding.

Company details

An all-in-one platform for construction workforce management is offered by Lumber. Solutions for payroll, time tracking, HR, scheduling, and benefits administration are included. The construction sector is primarily served, focusing on compliance with labor laws and regulations. Integration with over 20 applications is supported to streamline operations. Automation and AI are utilized to reduce manual tasks and enhance productivity for building contractors.

  • Headquarters California City, United States
  • Founders Shreesha Ramdas, Manish Kumar
  • Sectors
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website lumberfi.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Lumberfi Inc.
  • Date of Incorporation 28 Jul, 2023
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹8.71 Cr

    FY 2025 · +150% YoY

  • Indian entity net profit
    ₹86.1 Lakh

    FY 2025 · 10% margin

  • Indian entity EBITDA
    ₹1.41 Cr

    FY 2025 · 16% margin

  • Total Equity Funding
    $21M (USD)

    in 2 rounds

  • Latest Funding Round
    $15.5M (USD), Series A

    Mar 2025

  • Investors
  • Investments & Acquisitions

Products & Services of Lumber

Lumber offers a comprehensive portfolio of products and services, including Lumber Payroll, Lumber Time Tracking, Lumber HR, Lumber Scheduler, and Lumber Benefits.

Lumber Payroll
Payroll Software

Payroll processes are automated for construction workforce efficiency.

Lumber Time Tracking
Time Tracking Software

Time tracking is streamlined for construction project efficiency.

Lumber HR
HR Software

HR functions are managed for construction workforce needs.

Lumber Scheduler
Scheduling Software

Job scheduling is organized for construction team coordination.

Lumber Benefits
Benefits Management Software

Benefits administration is streamlined for construction employee support.

Apps and channels of Lumber

Lumber publishes 2 mobile apps with over 1K+ downloads; its YouTube channel Lumber has 167 subscribers and 30 videos.

Lumberfi Time Track & Payroll
Google Play Productivity Everyone Free
Developer: Lumber
View on Google Play
Lumberfi
App Store Productivity 4+
Developer: Lumberfi Inc
View on App Store
Lumber
YouTube 167 subscribers 30 videos Science & Technology
Open channel

Videos from Lumber

The most watched videos on Lumber's YouTube channel, Lumber (167 subscribers). Click a video to play it here.

Lumber 360 Workforce Experience
254 views
Lumber | $15.5M Series A Announcement
176 views
The Future of Construction Payroll | Synergy 2025 Keynote by Lou Perez, Lumber
162 views
NBC Chicago Tech Trends Interview w/ Co-Founder Lou Perez | Jan-26th 2025
92 views

More on Lumber.

Funding Insights of Lumber

Lumber has successfully raised a total of $21M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.5 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $21M
  • Total Rounds 2
  • Last Round Series A β€” $15.5M
  • First Round $5.5M

    (Sep 2023)

  • Investors Count 13

All 2 funding rounds of Lumber with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2025$15.5MSeries A–Foundation Capital
Sep 2023$5.5MSeed–Carbide Ventures
Valuation history

13 investors in total: 9 institutional and 4 angel.

Investors in Lumber

Lumber has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tishman Speyer, Sure Ventures and Foundation Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
1995foundationcapital.comPalo Alto, United States
Carbide Ventures is engaged in early-stage investments and support.
carbideventures.com
Venture capital firm investing in technology, life sciences, and related sectors.
8vc.com
FirsthandVC is focused on investing in B2B autonomous AI startups.
firsthand.vcNew York City, United States
sure.ventures
Early-stage technology companies are invested in by Sure Ventures.
2017sureventuresplc.comLondon, United Kingdom
Converge is engaged in venture capital investments for technology startups.
converge.vcCambridge, United States
Value-added strategies are pursued in real estate fund management.
1995tishmanspeyer.comGreenwich, United States
Market research services are provided by EVA in Bengaluru.
evaccel.comBengaluru, India

Atul Khanzode

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Investor details for Lumber

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Board of directors of Lumberfi Private Limited (Lumber)

Lumberfi Private Limited is the primary company behind Lumber. The board of Lumberfi Private Limited currently have 3 directors; the longest-serving is Harish Kumar Reddy Yellur, appointed in 2023.

DirectorDesignationAppointedTenureEntity
Harish Kumar Reddy Yellur
DIN 02463776
Director28 Jul 20233 yrs 3 moLumberfi Private Limited
Narayanasamy Siva Shanmuganathan
DIN 10259382
Director28 Jul 20233 yrs 3 moLumberfi Private Limited
Manish Kumar
DIN 05203543
Director28 Jul 20233 yrs 3 moLumberfi Private Limited

People of Lumber

17 people are tracked at Lumber (6 in leadership, 11 in team).

NameRoleGroup
Shreesha Ramdas
Co-Founder & CEOLeadership
Co-Founder & CTOLeadership
Meghan Schoen
Director Of Client RelationsLeadership
Oleg Pravdin
Head Of ProductLeadership
Sumeetha Manikandan
Marketing DirectorLeadership
Aheesh Nagraj
Product HeadLeadership
Girish Ramachandra
Strategic Advisor - Growth And PartnershipsTeam
Rajendran Nair
Product LeadTeam
Trinadh Baranika
Founding EngineerTeam
Sriram Ds
Account ExecutiveTeam
Sanchit Sah
Software DeveloperTeam
Lyncean Patel
Founding EngineerTeam
Sivashanmuganathan Narayanasamy
Founding EngineerTeam
Vaibhav Katkar
Founding EngineerTeam
Shubh Garg
Founding EngineerTeam
Daniel Khan
Product ManagerTeam
Franco Schiavone
AI EngineerTeam
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Financials of Lumber

Figures of Lumberfi Private Limited, the primary company behind Lumber, for FY 2025. Revenue was ₹8.71 Cr (+150% year on year). Net profit was ₹86.1 Lakh (10% margin). EBITDA was ₹1.41 Cr (16% margin).

  • ₹8.71 CrRevenue · FY 2025 · +150% YoY
  • ₹86.1 LakhNet profit · 10% margin
  • ₹1.41 CrEBITDA · 16% margin
  • ₹10 LakhPaid-up capital
  • 11Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Lumberfi Private Limited are on its company page.

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Detailed financial statements for Lumber

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Investments & Acquisitions by Lumber

Lumber has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BuilderFax.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Project management solutions are delivered for construction sector needs.
builderfax.comBeaverton, United States2023May 2025β€’β€’β€’β€’
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Timeline of Lumber

4 dated milestones of Lumber across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Lumber is founded.
  2. Funding First funding round of $5.5M.
  3. Funding Latest funding round, Series A, of $15.5M.
  4. Acquisition Acquires BuilderFax.

Competitors of Lumber

Lumber has 3 listed competitors in our database, 3 of them funded. They include Legion, Harri and Work Market.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
legion.co2016San Francisco, United States$182.5M107
Workforce management solutions are provided through intelligent automation technology.
harri.com2012New York, United States$73M68
Recruitment and workforce management are offered for hospitality.
workmarket.com2010New York, United States$66M
Freelance management, payments, and reporting are facilitated by AI software.
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Detailed competitors of Lumber

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Web traffic of Lumber

The website of Lumber (lumberfi.com) receives about 16.1K visits a month.

  • Monthly visits
    16.1K

    ▲ 8.5% vs previous month

Similar websites

Websites whose visitors overlap most with Lumber. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
paycaptain.com
100%
45.6K#758,036View details
trytoolbox.com
94%
2.2K#7,952,022View details
contractorforeman.com
92%
41.4K#741,446View details
simplyfleet.app
89%
41.6K#651,016View details
siteline.com
76%
26K#645,076View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 19 similar websites and full traffic analytics for Lumber

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  • Audience overlap
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  • Traffic by brand

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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Lumber (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Lumber

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Frequently Asked Questions about Lumber

Lumber was founded in 2023.

Lumber is headquartered in California City, United States. It is registered at California City, California, United States.

Shreesha Ramdas is the CEO of Lumber, as recorded in our data. They have also founded this company.

Lumber is a funded company, having raised a total of $21M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Sep 2023.

The primary company behind Lumber, Lumberfi Private Limited, reported revenue of β‚Ή8.71 Cr for FY 2025, up 150% year on year.

An all-in-one platform for construction workforce management is offered by Lumber. Solutions for payroll, time tracking, HR, scheduling, and benefits administration are included. The construction sector is primarily served, focusing on compliance with labor laws and regulations. Integration with over 20 applications is supported to streamline operations. Automation and AI are utilized to reduce manual tasks and enhance productivity for building contractors.

Lumber's top competitors include Legion, Harri and Work Market.

Lumber offers Lumber Payroll, Lumber Time Tracking, Lumber HR, Lumber Scheduler, and Lumber Benefits.

Lumber has made 1 acquisition, including BuilderFax.

Lumber has 13 investors. Key investors include Tishman Speyer, Sure Ventures, Foundation Capital, Carbide Ventures, and 8VC.

Lumber operates through Lumberfi Private Limited.

The legal entities of Lumber currently have 3 directors, including Harish Kumar Reddy Yellur, Narayanasamy Siva Shanmuganathan, Manish Kumar.

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