LCPtracker
👤 Mark Douglas (Read that California's $50B school bond mandated labor-compliance programs, then built SaaS for that rule in 2001 - years early.)🌐 siteLinkedIn
A dull compliance chore, built into a bootstrapped $31M business by charging the party the law forces to collect.
Will it work? · our read
Mandated demand. Durable and legally moated, but US-bound and sold one slow agency at a time. The $31M is founder-stated via Latka, not an audited figure.
01How the money moves
Davis-Bacon forces weekly certified payroll on every publicly funded job
→
Agency adopts LCPtracker and requires all primes and subs to file in it
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Agencies pay the subscription; thousands of contractors file free
02The numbers
$31M
ARR (2024)
getlatka
$150B+
projects run/yr
lcptracker
8 of 10
top US cities
lcptracker
$31M is founder-stated to GetLatka (2023 interview), not audited. GetLatka
Bootstrapped from $1M (2011) to a founder-stated $31M ARR (2024) - no VC.
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LCPtracker - About / company statsBuild HSR - LCPtracker feature (Vol. 5, Issue 3)GetLatka - LCPtracker revenueUS DOE - Weekly DBA payroll tracking with LCPtrackerFederal Register - 2023 Davis-Bacon rule update
Revenue is founder-stated, not audited: CEO Mark Douglas told GetLatka (Mar 2023) the company went from $1M in 2011 to $25M in 2023; the $31M 2024 figure is GetLatka's update from that same interview. Bootstrapped, zero VC. GetLatka has been wrong before, so not independently confirmed and tagged Stated. The origin story (Mark Douglas reading about California's $50B school bond) is from a Build HSR trade-press interview, not LCPtracker's own site; the project stats ($150B/yr, 8 of top 10 US cities, 10 state DOTs) are from LCPtracker's own About page. The "contractors free, agency pays" model this card describes is LCPtracker Pro, confirmed by the US DOE ("LCPtracker is free to IIJA project recipients and subrecipients"); LCPtracker separately sells LCPcertified, a paid tier billed to contractors - a different product, not the one this card's thesis rests on. No fabricated drama - this won on early timing into a legally forced niche, not a dramatic pivot. We never score you.