# Lon Operations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lon-operations

- Industry: Software
- Headquarters: New York, US
- Website: www.getbread.com
- Total disclosed funding: $70M
- Latest round: Series C (Aug 23, 2018)
- Investors on record: 10

## About

Lon Operations LLC specializes in providing advanced technology solutions, enhancing efficiency and productivity for a diverse clientele across multiple industries.Founded in 2014, Lon Operations LLC is headquartered in New York, US, and focuses on delivering technology solutions to improve productivity across various sectors. In October 2020, the company was acquired by Alliance Data Systems, Inc. for USD 450 mn, marking a significant transaction in its business journey. The firm has undertaken a total of 5 deals, with the latest deal occurring on October 29, 2020.Lon Operations LLC offers a range of innovative products designed to address the specific needs of its clients. Their technology solutions focus on critical challenges in efficiency and productivity across various markets, including healthcare, finance, and manufacturing. The company has deployed its services strategically in North America, Europe, and Asia, ensuring compliance with local demands and regulations.The company's revenue is generated through a structured model that includes both direct-to-consumer sales and B2B partnerships. Clients engage primarily through subscription-based services, which facilitate ongoing support and product updates. The firm's flagship offerings, recognized for their unique features, significantly contribute to these revenue streams, with pricing plans designed to cater to different user needs.Lon Operations LLC plans to leverage its recent acquisition to enhance its product offerings and expand into new markets. The funding from the trade sale in October 2020 will support upcoming product developments aimed at launching new solutions tailored for the healthcare and finance sectors. The company targets expansion into European and Asian markets by 2023, focusing on meeting regional demands and enhancing user experience through innovative technology.

## Funding rounds

- Series C, Aug 23, 2018, $60M — Menlo Ventures, RRE Ventures, Bessemer Venture Partners, Kinnevik, Cue Ball Capital, Colle Capital
- Series B, Jul 19, 2017 — Menlo Ventures, RRE Ventures, Greycroft, Bessemer Venture Partners, Cue Ball Capital, BoxGroup, Colle Capital, Clocktower Technology Ventures
- Series A, Oct 30, 2015, $10M — Bessemer Venture Partners, Montage Ventures

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B, Series C
- Montage Ventures (https://capitalatlas.ai/funds/montage-ventures) — Series A
- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Series B, Series C
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series B, Series C
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series B
- Cue Ball Capital (https://capitalatlas.ai/funds/cue-ball-capital) — Series B, Series C
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Series B
- Colle Capital (https://capitalatlas.ai/funds/colle-capital) — Series B, Series C
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Series B
- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series C