# Lobus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lobus

- Industry: Software
- Headquarters: New York, US
- Website: www.lobus.io
- Latest round: Seed (Apr 7, 2020)
- Investors on record: 6

## About

Lobus Inc., based in the US, specializes in providing innovative software solutions that enhance operational efficiency across various sectors, focusing on AI-driven analytics and automation tools for improved data management.Founded in 2018 and headquartered in New York, US, Lobus Inc. delivers software solutions aimed at optimizing operational workflows. The company has raised USD 6.00 mn in funding through multiple rounds, with the most recent deal occurring on April 29, 2021, involving notable investors such as 8VC and Franklin Templeton. The firm operates independently without any known parent company or subsidiaries. Sarah Sherrill is the founder, while Lori Hotz serves as the CEO.Lobus.io specializes in delivering innovative software solutions focused on enhancing operational efficiency across various industries. Their flagship products center around AI-driven analytics and automation tools designed to streamline workflows and improve data management. These offerings cater to enterprises seeking to optimize their processes, allowing for better decision-making through real-time insights. The company primarily serves sectors such as finance, healthcare, and logistics, addressing specific pain points like data silos, reporting inefficiencies, and resource allocation challenges. Their products have gained traction in key geographical markets, including North America, Europe, and parts of Asia, serving a diverse client base ranging from small businesses to large corporations.Lobus.io generates revenue through a subscription-based model, enabling clients to access their suite of software products on a recurring basis. This model supports predictable cash flow and allows businesses to scale usage as needed. Clients typically engage in annual or multi-year contracts, ensuring continuous access to software updates, customer support, and new features. The company also enhances its revenue through partnerships with other technology providers, creating a collaborative ecosystem that bolsters service offerings. Pricing plans are customized to meet the diverse needs of various client segments, ensuring accessibility without compromising functionality.In April 2021, Lobus Inc. raised USD 6.00 mn in venture funding to support its growth initiatives. The company plans to develop new AI-driven software products aimed at further enhancing operational efficiency, with anticipated launch dates in 2023. Lobus also targets expansion into new markets in Asia and Europe by 2024, leveraging the recent funding to facilitate this growth and enhance its market presence.

## Funding rounds

- Seed, Apr 7, 2020 — Boost VC, Franklin Templeton, Upside Partnership, 8VC, Dream Machine, Weekend Fund

## Investors

- Boost VC (https://capitalatlas.ai/funds/boost-vc) — Seed
- Franklin Templeton (https://capitalatlas.ai/funds/franklin-templeton) — Seed
- Upside Partnership (https://capitalatlas.ai/funds/upside-partnership) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed
- Dream Machine (https://capitalatlas.ai/funds/dream-machine) — Seed
- Weekend Fund (https://capitalatlas.ai/funds/weekend-fund) — Seed
