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.
${{aum_amount_brokered_en}}B+
UpMarket has brokered over ${{aum_amount_brokered_en}} billion in alternative investments*
*Includes principal invested and appreciation of investments originated via the UpMarket platform based on historical trade volume and valuation estimates through {{aum_as_of_date_en}}. Of the total, approximately ${{aum_amount_managed_en}} million is managed by UpMarket Management, with the remaining originated investments managed by affiliates. Past performance is not predictive of future results.
Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (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.
Looking for companies that are still private? Browse UpMarket's pre-IPO company directory. Accredited investors only.
UpMarket curates and conducts independent diligence on every investment opportunity before it reaches the platform.
Strategy, fees & legal reviewed in full
We review every offering's strategy, risk management, liquidity, fees, valuation methodology, tax matters, and all third-party providers: legal counsel, auditor, administrator, and custodian.
Disciplined managers only
We offer investments exclusively from disciplined managers that pursue unique strategies across an array of asset classes.
Built around your objectives
Our goal is to empower you to build a portfolio that best meets your individual investment objectives.
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.