# Lumberfi

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

- Industry: Software
- Headquarters: Wilmington, US
- Website: www.lumberfi.com
- Total disclosed funding: $21M
- Latest round: Series A (Mar 24, 2025)
- Investors on record: 8

## About

Based in California, US, and founded in 2023 by CEO Shreesha Ramda and CTO Manish Kumar, Lumberfi Inc. operates as a SaaS based workforce management platform for SMB construction contractors. In September 2023, Lumberfi Inc. raised USD 5.5. million in seed funding led by new investor Carbide Ventures, with participation from Escape Velocity, 8VC, Sure Ventures, Converge VC, and Firsthand Alliance.  

Lumberfi Inc. developed time-tracking platform, that is providing log work hours through SMS, creating multiple geo-fenced areas, supports multi-languages such as Spanish and English, and integrates with Sage, QuickBooks, ADP, Paychex, and other ERP and Payroll applications to construction industry. In addition, the firm offers a payroll platform providing compliance for certified payroll, timesheet, prevailing wages, union reporting, wage calculations, tax calculations and many more.

## Funding rounds

- Series A, Mar 24, 2025, $16M — Foundation Capital, Tishman Speyer, 8VC, Sure Ventures, Carbide Ventures, Firsthand Alliance
- Seed, Sep 12, 2023, $5.5M — 8VC, Converge, Sure Ventures, Carbide Ventures, Firsthand Alliance, Escape Velocity

## Investors

- 8VC (https://capitalatlas.ai/funds/8vc) — Seed, Series A
- Converge — Seed
- Sure Ventures (https://capitalatlas.ai/funds/sure-ventures) — Seed, Series A
- Carbide Ventures (https://capitalatlas.ai/funds/carbide-ventures) — Seed, Series A
- Firsthand Alliance (https://capitalatlas.ai/funds/firsthand-alliance) — Seed, Series A
- Escape Velocity — Seed
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A
- Tishman Speyer (https://capitalatlas.ai/funds/tishman-speyer) — Series A