LÜK is a modern solution catering to the production industry, offering end-to-end production management to streamline budgeting, crew management, and 1099 payroll. Founded in 2017 and headquartered in the United States, LÜK has garnered attention with its innovative approach. The company received a $4.00MSeed Round investment on 01 November 2021, with participation from notable investors such as Launch, FAB Ventures Co-Creation Studio, GTMfund, NYCA Partners, Point72, Duro Ventures, Basement Fund, and The Syndicate.com. LÜK has brought about significant advancements in the production industry, allowing producers to set up and manage complex production teams in one place, saving them up to 75% of their time. Additionally, they provide a groundbreaking freelancer payroll product, enabling compliant payments to 1099 contractors at a fraction of the cost of traditional payroll providers. This unique offering has positioned LÜK as a noteworthy player in the fintech and internet industries, showcasing potential for substantial growth and impact within the sector.
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