About Lumen Learning
Lumen Learning is a company based in Portland (United States) founded in 2013.. Lumen Learning has raised $11.8 million across 7 funding rounds from investors including Gates Foundation, Follett and Portland Seed Fund. The company has 48 employees as of December 31, 2022. Lumen Learning offers products and services including Lumen One, OHM, Waymaker, and Lumen Circles. Lumen Learning operates in a competitive market with competitors including Beanstack, TeamLease Edtech, CourseKey, Ellucian and BloomBoard, among others.
- Headquarter Portland, United States
- Employees 48 as on 31 Dec, 2022
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Sectors
TechnologyEducation
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Phone
*********
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Website
*********
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Social
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- Legal Name Lumen Learning, 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
$11.8 M (USD)
in 7 rounds
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Latest Funding Round
$450 K (USD), Series C
Jan 17, 2023
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Investors
Gates Foundation
& 8 more
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Employee Count
48
as on Dec 31, 2022
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Products & Services of Lumen Learning
Lumen Learning offers a comprehensive portfolio of products and services, including Lumen One, OHM, Waymaker, and Lumen Circles. 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.
Provides equitable learning outcomes in gateway courses
Offers interactive assessments for math and quantitative skills
Delivers tools for metacognition and student success in various subjects
Facilitates virtual communities for faculty expertise enhancement
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Funding Insights of Lumen Learning
Lumen Learning has successfully raised a total of $11.8M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $450 thousand completed in January 2023. 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 7
- Last Round Series C — $450,000
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First Round
First Round
(15 Apr 2014)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Series C - Lumen Learning | Valuation |
investors |
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| Nov, 2018 | Amount | Series C - Lumen Learning | Valuation | Follett |
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| Mar, 2017 | Amount | Series A - Lumen Learning | Valuation | Follett |
| 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 Lumen Learning
Lumen Learning has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Gates Foundation, Follett and Portland Seed Fund. 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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US-based startups are accelerated and funded via venture capital support.
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Early-stage software companies are funded by Cascade Seed Fund.
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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 Lumen Learning
| 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 - Lumen Learning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Lumen Learning Comparisons
Competitors of Lumen Learning
Lumen Learning 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 Beanstack, TeamLease Edtech, CourseKey, Ellucian and BloomBoard, 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 |
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| domain | founded_year | HQ Location |
SaaS and app-based library management solutions are provided.
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Employability solutions and edtech platforms for higher education are offered.
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School management solutions including automation and assessments are offered.
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Cloud-based ERP software is delivered to universities for resource planning.
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Professional development content for educators is delivered via a marketplace.
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SaaS platforms for institutional financial management are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Lumen Learning
Frequently Asked Questions about Lumen Learning
When was Lumen Learning founded?
Lumen Learning was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Lumen Learning located?
Lumen Learning is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Is Lumen Learning a funded company?
Lumen Learning is a funded company, having raised a total of $11.8M across 7 funding rounds to date. The company's 1st funding round was a Series A of $3.75M, raised on Apr 15, 2014.
How many employees does Lumen Learning have?
As of Dec 31, 2022, the latest employee count at Lumen Learning is 48.
What does Lumen Learning do?
Lumen Learning was founded in 2013 and is headquartered in Portland, United States, within the education technology sector. A platform is operated to support educators professional growth, where virtual learning communities are maintained to link faculty members with peers. Educational resources and tools are supplied to aid teaching practices and curriculum development across various institutions.
Who are the top competitors of Lumen Learning?
Lumen Learning's top competitors include Beanstack, TeamLease Edtech and Ellucian.
What products or services does Lumen Learning offer?
Lumen Learning offers Lumen One, OHM, Waymaker, and Lumen Circles.
Who are Lumen Learning's investors?
Lumen Learning has 9 investors. Key investors include Gates Foundation, Follett, Portland Seed Fund, Alliance of Angels, and Cascade Seed Fund.
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