A former employee posted on LinkedIn that they were part of a latest RIF at Lob and referenced several rounds of layoffs before that.
SourceLob is the only automation platform that transforms direct mail into…
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Lob is a direct mail automation and logistics platform that helps businesses automate, personalize, measure, and deliver direct mail at scale through software plus a nationwide print delivery network.
Primary product
Direct mail automation platform and Print Delivery Network (PDN)
Founded
2013
Headquarters
San Francisco, California, United States
Team size
100-150
Work style
Remote
Industry
Software Development
Sub-industry
Direct mail automation / martech / logistics tech
Offices
Business model
Stage
Series C
Total raised
$82.4M
Latest round
Series C · Feb 2021
Latest amount
$50M
Feb 2021 · Y Combinator Continuity Fund
May 2017 · Y Combinator Continuity Fund
Nov 2013
Leadership
Ryan Ferrier
Chief Executive Officer
Leore Avidar
Co-Founder
Madhu Jagannathan
Chief Financial Officer
Cory Hogan
Chief Revenue Officer
Ritu Kapoor
Chief Marketing Officer
Nicole Dunn
VP, Customer Success
Brent Hagan
Chief Supply Chain Officer
Andrew Haase
VP Finance & Operations
Samantha Klingler
Director of People Operations
Bindu M.
Director of Engineering
Founders
Co-Founder
Public posts describe Lob as remote-first, collaborative, and highly operational, with a strong emphasis on direct mail expertise, USPS awareness, and regular offsites/in-person gatherings.
Work style
Remote
Compensation
Public evidence is limited. Exa surfaced a few salary signals on job postings, including Sales Development Representative roles in the roughly $82k-$104k annual range and a Recruiting Coordinator role around $134k annual, but no company-wide compensation policy was found.
Pricing
Public pricing evidence shows tiered product pricing with plans starting at free, then paid tiers such as $260/month and $550/month; Lob also appears to price by usage/volume for direct mail automation.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$60M-$70M annual revenue (Exa estimate); Lob also publicly stated it hit $100M revenue in 2023 in its newsroom, so this appears inconsistent across sources and should be treated cautiously.
Estimated monthly visits
90.5K
Traffic estimate as of Jun 2026
A former employee posted on LinkedIn that they were part of a latest RIF at Lob and referenced several rounds of layoffs before that.
SourceGlobeNewswire / MarTech Breakthrough · Aug 2026
Award coverage highlights Lob’s positioning and quotes CEO Ryan Ferrier on investing in both software and logistics network/delivery intelligence.
Lob newsroom · Jun 2026
Lob said it won SupplyTech Breakthrough’s Delivery Platform of the Year award and reiterated its positioning as a direct mail automation and logistics platform.
PR Newswire · Feb 2026
Press release for Lob’s State of Direct Mail: Business Insights 2026 report; emphasizes logistics, execution, and USPS changes as key differentiators.
Lob newsroom · Nov 2025
Company announcement about adding senior leadership across finance, product, and revenue.
Lob newsroom · Jun 2025
Newsroom listing indicates a 2025 report release focused on direct mail effectiveness and ROI.
7 jobs at Lob