About Lumedica
Lumedica is a company based in Durham (United States) founded in 2014. It operates as a Direct-to-Consumer (D2C). Lumedica has raised $100 thousand across 9 funding rounds from investors including HHS, America’s Seed Fund and Luminate. Lumedica offers products and services including OQ LabScope, OQ StrataScope, OQ EyeScope, and OQ Animal Vision. Lumedica operates in a competitive market with competitors including Olympus, Siemens Healthineers, Lantheus, Varex and Carestream, among others.
- Headquarter Durham, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lumedica Vision, Inc.
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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 9 rounds
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Latest Funding Round
$256.32 K (USD), Grant
Sep 20, 2021
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Investors
HHS
& 2 more
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Employee Count
Employee Count
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Products & Services of Lumedica
Lumedica offers a comprehensive portfolio of products and services, including OQ LabScope, OQ StrataScope, OQ EyeScope, and OQ Animal Vision. 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.
Optical imaging device for detailed tissue analysis provided.
Advanced imaging system for structural analysis is offered.
Eye disease imaging tool for diagnostics is provided.
Imaging solution for animal vision studies is developed.
Funding Insights of Lumedica
Lumedica has successfully raised a total of $100K across 9 strategic funding rounds. The most recent funding activity was a Grant round of $256.32 thousand completed in September 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 Total Funding
- Total Rounds 9
- Last Round Grant — $256,323
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First Round
First Round
(01 Sep 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2021 | Amount | Grant - Lumedica | Valuation |
investors |
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| Jan, 2021 | Amount | Grant - Lumedica | Valuation |
investors |
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| Sep, 2020 | Amount | Grant - Lumedica | 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 Lumedica
Lumedica has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include HHS, America’s Seed Fund and Luminate. 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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Venture capital fund backed by the US Government
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Founded Year | Domain | Location | |
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AR/VR and biophotonics accelerator program is operated in Rochester.
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Founded Year | Domain | Location | |
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Public health and human services are overseen by HHS.
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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 Lumedica
| 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 - Lumedica
| 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 |
Lumedica Comparisons
Competitors of Lumedica
Lumedica 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 Olympus, Siemens Healthineers, Lantheus, Varex and Carestream, 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 |
Manufacturer of imaging and surgical products
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| domain | founded_year | HQ Location |
AI-based medical diagnostics are developed for healthcare applications.
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| domain | founded_year | HQ Location |
Developer of diagnostic imaging agents and targeted therapeutics
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| domain | founded_year | HQ Location |
Developer of imaging equipment and accessories
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| domain | founded_year | HQ Location |
Developer of diagnostic imaging and healthcare information technology systems for hospital use
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| domain | founded_year | HQ Location |
Provider of portfolio of imaging devices for diagnostic and treatment purposes
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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 Lumedica
When was Lumedica founded?
Lumedica was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Lumedica located?
Lumedica is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is Lumedica a funded company?
Lumedica is a funded company, having raised a total of $100K across 9 funding rounds to date. The company's 1st funding round was a Grant of $999.28K, raised on Sep 01, 2016.
What does Lumedica do?
Lumedica is engaged in the development of low-cost optical coherence tomography (OCT) devices. Based in Durham, North Carolina, the company operates within the healthcare sector, specifically targeting medical imaging solutions. Their products, including OQ LabScope and OQ EyeScope, are designed to make high-quality imaging accessible for various applications, such as eye disease diagnosis and tissue analysis. The mission is centered on providing affordable technology to enable early disease detection across global markets.
Who are the top competitors of Lumedica?
Lumedica's top competitors include Olympus, Siemens Healthineers and United Imaging Healthcare.
What products or services does Lumedica offer?
Lumedica offers OQ LabScope, OQ StrataScope, OQ EyeScope, and OQ Animal Vision.
Who are Lumedica's investors?
Lumedica has 3 investors. Key investors include HHS, America’s Seed Fund, and Luminate.
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