About Luma
Luma is a company based in Palo Alto (United States) founded in 2011 was acquired by Instagram in August 2013.. Luma operates in a competitive market with competitors including PicsArt, Visual Supply Co, SenseTime, Fotor and FaceApp, among others.
- Headquarter Palo Alto, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Luma
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2012 | Amount | Seed - Luma | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Luma
Luma has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Instagram and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Social platform for photo and video sharing
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Luma
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Luma
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Luma Comparisons
Competitors of Luma
Luma operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PicsArt, Visual Supply Co, SenseTime, Fotor and FaceApp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photos and videos are edited using AI-assisted tools and stickers.
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| domain | founded_year | HQ Location |
Community for photographers
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| domain | founded_year | HQ Location |
AI based platform offering image recognition solutions
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| domain | founded_year | HQ Location |
Online photo editing and social features are provided.
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| domain | founded_year | HQ Location |
Photo editing app providing AI-based filters for face transformations.
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| domain | founded_year | HQ Location |
AI-driven motion capture is used for immersive content development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Luma
When was Luma founded?
Luma was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Luma located?
Luma is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
What does Luma do?
Luma was founded in 2011 in Palo Alto, United States, within the consumer technology sector. A mobile application is offered for capturing and modifying videos on smartphones. Basic editing tools, including automatic stabilization and filters, are provided to users. Content is enabled for sharing across platforms. Operations center on mobile software development for personal media management.
Who are the top competitors of Luma?
Luma's top competitors include Visual Supply Co, SenseTime and PicsArt.
Who are Luma's investors?
Luma has 2 investors. Key investors include Instagram, and Y Combinator.
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