Lumi is a B2B fintech startup, headquartered in Australia, founded in 2018. The company's mission is perfectly encapsulated in their slogan "With us, you're not a loan." Lumi's innovative approach takes the guesswork out of small business funding by offering loans ranging from $5k - $500k with 3 – 36 month terms. Their transparent and straightforward process ensures businesses are equipped with the financial support they need to thrive. The seamless process involves applying online in under 5 minutes, with an outcome provided within 2 hours and funds received on the same business day. The startup recently secured a $15.00M Venture Round investment on 21 July 2023, with notable investors including Perennial Investment Partners, Israel’s Arbel Fund, Stellan Capital, Josh Liberman Investment Group, and Harel Insurance and Financial. Lumi's success lies in its ability to revolutionize small business funding with a clear, efficient, and customer-focused approach, making them a promising contender in the financial services sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $15.00M | 6 | Stellan Capital, RTL Group Investments +2 | 21 Jul 2023 |
Venture Round | $10.00M | 2 | 21 Feb 2022 | |
Venture Round | $20.00M | 2 | Josh Liberman Investment Group | 10 Dec 2021 |
Venture Round | $8.00M | - | 20 May 2019 | |
Series A | $6.50M | 3 | Velpic Limited, Josh Liberman Investment Group | 13 Nov 2018 |
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