Lumni is a Colombia based startup with a mission to finance the education of young people in LATAM and connect them with great companies. The company offers "Income Share Agreements" as an innovative investment vehicle for financing education, shifting part of the risk from the student to the investor. Since its establishment in 2002, Lumni has been a pioneer in raising private funds for the education of talented young people, aiding over 10,000 students and mobilizing more than $46M USD in capital from over 200 investors. The startup has received accolades from prominent organizations including the World Economic Forum, Endeavor, Ashoka, UBS, Clinton Global Initiative, and the IADB. Most recently, Lumni secured a $1.37M Convertible Note investment on 04 June 2021. With a focus on the Education and Financial Services industries, Lumni's unique approach towards education financing has garnered significant attention and success, making it a compelling prospect for potential investors seeking to support innovative education initiatives in LATAM.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Convertible Note | $1.37M | - | 04 Jun 2021 | |
Series A | $1.91M | - | 30 May 2018 | |
Seed Round | $4.90M | - | 09 Jun 2013 | |
Seed Round | $786.48K | - | 26 Apr 2008 |
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