NAME OF STARTUP: Lumberfi
FOUNDED IN (Year): 2023
FOUNDER’S NAME: Shreesha Ramdas
THE IDEA: What is the problem being solved by your startup / business?:
Main problems our solution aims to solve:
Workflow Silos
Inaccurate Payroll
Language Barriers
Offline Work Challenges
Manual, Time-Consuming Processes
Lack of Data-Driven Insights
THE FOUNDER’S STORY: When and how did you come up with the idea for the business?:
Shreesha Ramdas, a tech visionary, founded Lumber to revolutionize workforce management. With AI and automation, Lumber simplifies time tracking, payroll, job costing, and project management, solving longstanding industry challenges.
WHO IS THE CUSTOMER: What is the typical profile of your target customer? Where would they be located?:
Lumber primarily targets construction companies seeking advanced workforce management solutions. It serves small contractors, mid-sized builders, and large construction firms, offering specialized features for job costing, project tracking, and labor compliance in the construction industry.
LESSONS TO SHARE: What 3 key lessons from your startup journey you’d like to share with aspiring entrepreneurs?:
Passion and Resilience Drive Success: Passion for your vision is the fuel that propels your startup forward. However, the journey is rarely smooth. Be prepared for setbacks and failures. It’s resilience and the ability to learn from mistakes that ultimately lead to success.
Build a Strong Team: Surround yourself with a dedicated and diverse team. A collective effort with complementary skills and perspectives is invaluable. Effective teamwork can help navigate challenges and unlock creative solutions.
Listen to Your Customers: Your customers are your best source of feedback. Continuously engage with them, understand their pain points, and adapt your product or service accordingly. Customer-centricity is key to growth and long-term sustainability.
HQ: United States
Website URL: https://www.lumberfi.com/
Number of Employees: 25-50