About LUMED
LUMED is a company based in Sherbrooke (Canada) founded in 2012 was acquired by BioMerieux in January 2024.. LUMED has raised $100 thousand across 1 funding round from investors including BioMerieux and ACET. The company has 20 employees as of December 31, 2024. LUMED offers products and services including APSS, ZINC, and ONCO. LUMED operates in a competitive market with competitors including WellAir, CleanSlate UV, SystemOne, UV Partners and Sterifre Medical, among others.
- Headquarter Sherbrooke, Canada
- Employees 20 as on 31 Dec, 2024
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 K (USD)
in 1 rounds
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Latest Funding Round
$100 K (USD), Seed
Apr 19, 2017
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Investors
BioMerieux
& 1 more
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Employee Count
20
as on Dec 31, 2024
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Acquired by
BioMerieux
(Jan 11, 2024)
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Products & Services of LUMED
LUMED offers a comprehensive portfolio of products and services, including APSS, ZINC, and ONCO. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software optimizes prescriptions by alerting pharmacists for patient follow-up.
Tool prevents nosocomial infections through real-time monitoring and control.
Software secures prescriptions and manages oncology protocols effectively.
Funding Insights of LUMED
LUMED has successfully raised a total of $100K through 1 strategic funding round. The most recent funding activity was a Seed round of $100 thousand completed in April 2017. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $100,000
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First Round
First Round
(19 Apr 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Seed - LUMED | Valuation | ACET |
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| 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 LUMED
LUMED has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include BioMerieux and ACET. 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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Founded Year | Domain | Location | |
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Developer of diagnostics devices for multiple health purposes
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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 LUMED
| 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 - LUMED
| 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 |
Lumed Comparisons
Competitors of LUMED
LUMED 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 WellAir, CleanSlate UV, SystemOne, UV Partners and Sterifre Medical, 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 |
Developer of an indoor air disinfection system
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| domain | founded_year | HQ Location |
A device for tracking disinfection of hospital smartphones is developed.
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| domain | founded_year | HQ Location |
Real-time laboratory data sharing is enabled through specialized platforms.
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| domain | founded_year | HQ Location |
UV-based air sterilization devices are supplied for healthcare settings.
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| domain | founded_year | HQ Location |
Provider of an infection management solution for healthcare professionals
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| domain | founded_year | HQ Location |
Provides men's health supplements for testosterone, weight management, and hair growth.
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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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Latest news on Lumed
Frequently Asked Questions about LUMED
When was LUMED founded?
LUMED was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is LUMED located?
LUMED is headquartered in Sherbrooke, Canada. It is registered at Sherbrooke, Quebec, Canada.
Who is the current CEO of LUMED?
Vincent Nault is the current CEO of LUMED.
Is LUMED a funded company?
LUMED is a funded company, having raised a total of $100K across 1 funding round to date. The company's 1st funding round was a Seed of $100K, raised on Apr 19, 2017.
How many employees does LUMED have?
As of Dec 31, 2024, the latest employee count at LUMED is 20.
What does LUMED do?
LUMED was founded in 2012 in Sherbrooke, Canada, and operates in the healthcare technology sector. Solutions for infection management and prescription oversight are offered to hospitals and pharmacies. Key offerings include APSS, which identifies inappropriate prescriptions and tracks revisions; ZINC, which supports infection control by flagging patients needing isolation; and DATA for data-related functions. Operations emphasize practical tools for clinical decision-making in North American healthcare settings.
Who are the top competitors of LUMED?
LUMED's top competitors include UV Partners, WellAir and CleanSlate UV.
What products or services does LUMED offer?
LUMED offers APSS, ZINC, and ONCO.
Who are LUMED's investors?
LUMED has 2 investors. Key investors include BioMerieux, and ACET.