LUUM is a groundbreaking startup that aims to revolutionize the beauty-services market by leveraging A.I. and robotics. With a focus on eyelash extensions, a treatment with a staggering $20B global market opportunity, LUUM is pioneering the use of a patented combination of next-generation robotics, A.I., and machine vision to apply a full set of eyelash extensions in just about 30 minutes. This approach aims to eliminate the costs, inconsistencies, and safety risks associated with human application. Established in 2017 and headquartered in the United States, LUUM recently secured a Venture Round investment on 12 July 2022, with backing from prominent investors including XSeed Capital, Foundation Capital, Handshake Ventures, Artifact Capital, SaxeCap, Ascendant Venture, and Ulta Beauty. The startup's innovative approach and financial support underscore its potential to disrupt and reshape the beauty-services landscape.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Seed Round | $2.90M | 7 | 12 Jul 2022 | |
Equity Crowdfunding | $699.01K | - | 11 Mar 2022 | |
Seed Round | $2.99M | 2 | 30 Jun 2020 | |
Debt Financing | $1.00M | 1 | Silicon Valley Bank | 15 Oct 2019 |
Seed Round | $5.06M | 3 | 01 Jun 2018 |
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