Megan Lacy – Startup Community – Power List

Hearing “Have a big life” often from her mom when she was growing up, Megan Lacy was encouraged to dream big as a kid. She felt fully supported to explore the world and find a career that gave her purpose. So, when it came to college, she planned to do just that.

Lacy majored in product design engineering at Stanford and came to Boise State to earn a master’s degree and run on the track team. Little did she know that some of the classes she would take in graduate school would help her become an entrepreneur.

Today, Lacy is the co-founder and CEO of Lumineye, a company that builds wall-penetrating radar devices to help first responders identify people and threats through walls. Lumineye was funded through pitch competitions for the first two years, and during that time, she and her co-founder Corbin Hennen worked odd jobs to make ends meet and build their company’s prototype.

In 2019, Lumineye won the Army’s xTechSearch national grant competition over 600 other companies, based on its progress and ability to revolutionize Army operations. That money gave the business the boost it needed to hire more employees and start scaling. Today, the company has 11 employees and is on track to quadruple revenue this year from last year.

“Sometimes I think about how incredible it is that out of all the things that people could do, they’ve chosen to work for Lumineye and our leadership team,” said Lacy. “That is very humbling and causes me to work very hard for them and our company.”