About Lumaly
Lumaly is a Retail company based in Berlin (Germany) founded in 2020 by Marcel Schwarz and Noah Fischer. Lumaly is recognized as a smart shopping assistant tool. It operates on a Freemium model. Lumaly has raised $1.07 million across 2 funding rounds from investors including FJ Labs, Dutch Founders Fund and German Media Pool. Lumaly offers products and services including Lumaly Shopping Assistant. Its focus areas include Technology, Software and Consumer Applications. Its legal entity is Lumaly GmbH.
Company details
Lumaly is developed as a digital shopping assistant aimed at helping users save money during online purchases. The tool is integrated into the shopping experience to provide cost-saving tips and deals. It operates within the consumer technology sector, focusing on enhancing user experience through innovative software solutions.
- Headquarters Berlin, Germany
- Founders Marcel Schwarz, Noah Fischer
- SectorsRetail
- Email••••••••
- Website lumaly.com
- Social LinkedIn
- Legal Name Lumaly Gmbh
- Total Equity Funding$1.07M (USD)
in 2 rounds
- Latest Funding Round$1.07M (USD), Seed
Apr 2022
- InvestorsFJ Labs
& 8 more
Products & Services of Lumaly
Lumaly offers a comprehensive portfolio of products and services, including Lumaly Shopping Assistant.
A tool designed to help save money while shopping.
Funding Insights of Lumaly
Lumaly has successfully raised a total of $1.07M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.07 million completed in April 2022. 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 $1.07M
- Total Rounds 2
- Last Round Seed — $1.07M
- Investors Count 9
All 2 funding rounds of Lumaly 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 |
|---|---|---|---|---|---|
| Apr 2022 | $1.07M | Seed | – | Dutch Founders Fund | |
| Jul 2021 | Seed | – | Dutch Founders Fund, FJ Labs |
9 investors in total: 4 institutional and 5 angel.
Investors in Lumaly
Lumaly has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include FJ Labs, Dutch Founders Fund and German Media Pool.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on series A and late-stage companies | germanmediapool.com | Berlin, Germany | ||
Early-stage technology startups are supported through venture capital investments. | taventures.vc | Frankfurt Am Main, Germany | ||
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Early-stage venture capital is provided for digital solutions in non-digital industries. | 2018 | dutchfoundersfund.com | Amsterdam, Netherlands | |
AH Alexander Hars | unknown_0d8e313f267b46a98 | |||
MT Moritz Thiele | unknown_bf151a97c0a044d8b | |||
ME Martin Eggert | unknown_278f10c99c304d15b | |||
MW Matthias Wilrich | Angel investor and entrepreneur, co-founder of Freighthub, active in Indian startups | unknown_7be3f272ea36498f8 | ||
RK Roman Kirsch | unknown_6ce869c225914d3f8 |
Investor details for Lumaly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lumaly
2 people are tracked at Lumaly (2 in leadership).
| Name | Role | Group |
|---|---|---|
Marcel Schwarz | Co-Founder | Leadership |
Noah Fischer | Co-Founder | Leadership |
Complete people profiles for Lumaly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lumaly
3 dated milestones of Lumaly across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Lumaly is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $1.1M.
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Related news about Lumaly
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Frequently Asked Questions about Lumaly
Lumaly was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Lumaly is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Lumaly is a funded company, having raised a total of $1.07M across 2 funding rounds to date.
Lumaly is developed as a digital shopping assistant aimed at helping users save money during online purchases. The tool is integrated into the shopping experience to provide cost-saving tips and deals. It operates within the consumer technology sector, focusing on enhancing user experience through innovative software solutions.
Lumaly offers Lumaly Shopping Assistant.
Lumaly has 9 investors. Key investors include FJ Labs, Dutch Founders Fund, German Media Pool, TA Ventures, and Alexander Hars.
Lumaly operates through Lumaly Gmbh.