Tech Company Financing Transactions
Lumber Funding Round
Foundation Capital, 8VC and Carbide Ventures participated in a $15.5 million Series A venture round for Lumber. The funding round closed on 3/25/2025.
Transaction Overview
Company Name
Announced On
3/25/2025
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its product development and market expansion, with a focus on enhancing its AI capabilities and scaling its customer success operations.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Undisclosed, CA Undisclosed
USA
Undisclosed, CA Undisclosed
USA
Phone
Website
Email Address
Overview
Lumber integrates siloed workflows of time tracking, payroll, job costing, and project management with AI and automation. Lumber is a Construction Workforce Management platform built exclusively for contractors, sub-contractors, and specialty contractors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shreesha Ramdas
Chief Technical Officer
Manish Kumar
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About Database of VC Transactions
We do our best to report on all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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