About ilumoni
ilumoni was a Financial Services company based in Barnsley (United Kingdom) founded in 2019. It provides debt repayment solutions for consumers. It operates on a B2C model. ilumoni has raised $2.14 million across 2 funding rounds from investors including Simon Moran and Andy Deller. The company has 9 employees. The company is recorded as dissolved. Its focus areas include Consumer Finance, Debt Management and Repayment Solutions. Its legal entity is MONELY LIMITED. Its competitors include Incredible, Elifinty and MH Riley; 2 of its 3 listed competitors have raised funding.
Company details
ilumoni, based in Barnsley, focuses on offering financial products and advice, consumer finance, debt management, and repayment solutions. Provides debt repayment solutions for consumers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Barnsley, United Kingdom
- Employees 9
- SectorsFinancial Services
- Website ww25.ilumoni.com
- Social X Facebook
- Legal Name Monely Limited
- Date of Incorporation 18 Mar, 2019
- Jurisdiction LONDON
- Total Equity Funding$2.14M (USD)
in 2 rounds
- Latest Funding Round$1.69M (USD), Seed
May 2021
- Employee Count9
Funding Insights of ilumoni
ilumoni has successfully raised a total of $2.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.69 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.14M
- Total Rounds 2
- Last Round Seed — $1.69M
- First Round $450,000
(Nov 2020)
- Investors Count 2
All 2 funding rounds of ilumoni with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | $1.69M | Seed | – | – | – |
| Nov 2020 | $450,000 | Seed | – | – |
2 investors in total: 0 institutional and 2 angel.
Investors in ilumoni
ilumoni has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Simon Moran and Andy Deller.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SM Simon Moran | unknown_cb11372d6e154028a | |||
AD Andy Deller | unknown_468ca507f1ce4a58b |
Investor details for ilumoni
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Timeline of ilumoni
3 dated milestones of ilumoni across 2 years, from founding to its latest funding, stage changes and deals.
- Founded ilumoni is founded.
- Funding First funding round of $450K.
- Funding Latest funding round, Seed, of $1.7M.
Competitors of ilumoni
ilumoni has 3 listed competitors in our database, 2 of them funded. They include Incredible, Elifinty and MH Riley.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getincredible.com | 2022 | London, United Kingdom | $1M | An app-based debit management platform is provided for users. | ||
| elifinty.com | 2018 | London, United Kingdom | $499,304 | Savings and accounts are managed via a dedicated application. | ||
| mhriley.com | 2012 | Horsham, United Kingdom | 1 | Delivers a platform for effective consumer debt management. |
Detailed competitors of ilumoni
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Frequently Asked Questions about ilumoni
ilumoni was founded in 2019 and raised its 1st funding round 1 year after it was founded.
ilumoni is headquartered in Barnsley, United Kingdom. It is registered at Barnsley, England, United Kingdom.
ilumoni is a funded company, having raised a total of $2.14M across 2 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on Nov 2020.
ilumoni has 9 employees.
ilumoni, based in Barnsley, focuses on offering financial products and advice, consumer finance, debt management, and repayment solutions. Provides debt repayment solutions for consumers. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
ilumoni's top competitors include Incredible, Elifinty and MH Riley.
ilumoni has 2 investors. Key investors include Simon Moran, and Andy Deller.
ilumoni operates through Monely Limited.