Lumber

lumberfi.com · New York City, United States of America

Lumber is a financial technology company that provides a spend management and corporate card platform tailored for construction and trades businesses, helping contractors and builders control project expenses, issue cards to crews, and gain real-time visibility into job-level spending. The company generates revenue through interchange on card transactions and software fees for its spend management tools.

  • Spend Management
  • Payment Processing
Revenue
$3.0M
Employees
25
Founded
2022
Headquarters
New York City, United States of America

What 15 Arbolus experts think of Lumber

NPS scores are skewed positive, with 27% giving a perfect 10, and an additional 36% rating 8-9. Neutral/low NPS (5-7) accounts for 36%. 71% of respondents (where available) indicate 'Yes' for renewal intent, particularly those in mid-to-high spend brackets and implementations >1 year. The majority are in pilot or less-than-1-year stages, but longer adopters report higher stickiness and satisfaction. Main themes include robust pilot performance and high satisfaction among mature deployments.Overall Customer Sentiment: Positive

Who reviewed Lumber

Total customers 15 14 current · 1 former
Reviews growth +9 in six months
Seniority of respondents
  • C-Suite 77% (12)
  • Director 8% (1)
  • Manager 15% (2)
Operations Manager Director NPS 6
Operations Manager Not specified NPS 5 Will renew
Strategy Executive C-Suite NPS 7 Not renewing

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Sentiment

20 Net Promoter Score, from 15 scored reviews
  • Promoters 7
  • Passives 4
  • Detractors 4

Cumulative NPS by month

-1 over 6 months
  • Mar 9
  • May 9
  • Jun 9
  • Jul 9
  • Aug 8
  • Sep 8

Net Promoter Score across 7 reviews, accumulated up to each month. Category median 20 across 7 companies.

Written answers and themes publish with the full report.

Renewal intent

Plan to renew 86%
  • Will renew 6
  • Undecided 0
  • Not renewing 1

Plan to renew, by seniority

  • C-Suite 80% 5 answers
  • Manager 100% 1 answer
  • Not specified 100% 1 answer
  • 8.2/10 Average score from customers who will renew
  • 7/10 Average score from customers not renewing

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