Lobe Stock: Acquisition and Valuation History

AI / Machine Learning
Founded 2016 HQ San Francisco, US

Lobe is a private software company that built a no-code app for training machine learning models, especially image classification, without writing code. Microsoft later made Lobe available in public preview and described it as a tool for easy, local ML training with private data handling.

UpMarket does not offer Lobe shares. This page covers Lobe's history before the acquisition.

How to Review Lobe's Funding History on UpMarket

Lobe was acquired by Microsoft in September 2018 and no longer has shares of its own. UpMarket does not offer Lobe shares. This page covers Lobe's valuation and funding history before the acquisition.

Step 01

Check the acquisition details

Lobe was acquired by Microsoft in September 2018.

Step 02

Review the valuation history

See how Lobe's private-market valuation changed across funding rounds before the acquisition.

Step 03

Review funding and revenue data

See reported funding rounds and revenue figures on this page, with their sources.

Step 04

Explore private companies

Accredited investors can review UpMarket's current pre-IPO offerings in companies that have not yet gone public.

Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.

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Valuation Growth Over Time

Post-money valuation by round
Previous rounds Most recent
DateRoundPPS (split-adj.)Valuation
Feb 2021 Series C

Why Investors Are Watching Lobe

Risk Factor

Private tech benchmarks show late-stage EBITDA nearing break-even

Standard Metrics said Q4 2024 median quarterly EBITDA for late-stage private companies was -$338K, a 96% improvement from the Q1 2022 low of -$8.94M. The report suggests private tech is moving toward greater efficiency, but profitability remains uneven across the market.

Growth Signal

Investors track revenue, CAC, churn, and burn for sustainable growth

Qubit Capital says the key investor metrics are revenue growth, customer acquisition cost, churn rate, LTV, gross margin, and burn rate. It emphasizes benchmarking each metric against the sector median and pairing retention with burn and profitability to judge sustainability.

Market Opportunity

Private SaaS median growth hit 30% as expansion cooled

SaaS Capital reported a 2024 median growth rate of 30% across private SaaS companies, down from 35% the prior year. The decline still leaves a large market where top performers can outgrow the median and capture share.

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Lobe Leadership Team

Adam Menges
CEO

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Lobe Stock FAQ

No. Lobe was acquired by Microsoft in September 2018 and no longer has shares of its own. UpMarket does not offer Lobe shares.

Lobe has no stock price of its own since its acquisition by Microsoft. The prices shown on this page are historical private-market prices from before the acquisition.

No. Lobe was acquired by Microsoft and UpMarket does not offer Lobe shares. Accredited investors interested in companies that have not yet gone public can review UpMarket's current pre-IPO offerings.

Lobe is no longer an independent company, so its shares are not available to buy. This page is kept for its historical funding and valuation data. UpMarket does not offer Lobe shares.

In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.

Lobe was acquired by Microsoft in September 2018. What former shareholders received, cash or shares of the buyer, was set by the terms of the acquisition.

UpMarket does not offer Lobe shares. The minimum for most pre-IPO offerings on UpMarket is $50,000.

Lobe's last valuation was set by its acquisition by Microsoft. The figures on this page show its valuation history before the acquisition.

Lobe built a no-code app for training machine learning models, especially image classification, and private tech benchmarks show late-stage EBITDA nearing break-even, with Microsoft later making Lobe part of its machine learning stack. Lobe is now part of Microsoft, and UpMarket does not offer its shares.

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