About Lumi AI
Lumi AI is a company based in Toronto (Canada) founded in 2023 by Ibrahim Ashqar and Tudor Boiangiu. Lumi AI has raised $3.7 million across 2 funding rounds from investors including AgFunder, Forum Ventures and ADQ. Lumi AI offers products and services including Self Service Analytics, Conversational Analytics, Visualizations, Knowledge Management, and Integrations. Lumi AI operates in a competitive market with competitors including Narrative Science, Fronteo, Datawisp, vPhrase and TextQL, among others.
- Headquarter Toronto, Canada
- Founders Ibrahim Ashqar, Tudor Boiangiu
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.7 M (USD)
in 2 rounds
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Latest Funding Round
$3.7 M (USD), Seed
Mar 25, 2025
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Investors
AgFunder
& 4 more
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Employee Count
Not available
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Products & Services of Lumi AI
Lumi AI offers a comprehensive portfolio of products and services, including Self Service Analytics, Conversational Analytics, Visualizations, Knowledge Management, and Integrations.
Allows users to query data via natural language for quick insights.
Provides answers to data questions with transparent explanations.
Creates interactive charts for key metrics and reports.
Stores business terms for tailored AI responses.
Connects to data sources like Snowflake for seamless access.
Funding Insights of Lumi AI
Lumi AI has successfully raised a total of $3.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in March 2025. 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.
Investors in Lumi AI
Lumi AI has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include AgFunder, Forum Ventures and ADQ.
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Venture capital fund focused on ag-tech and food-tech sectors
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Pre-seed stage startups are funded by Forum Ventures.
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ADQ is recognized as a leading sovereign investor focused on sustainable economic transformation in Abu Dhabi.
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Investor details for Lumi AI
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lumi AI
Investment portfolio details for Lumi AI
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Financial Statements - Lumi AI
Detailed financials for Lumi AI
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Lumi Ai Comparisons
Peer comparison for Lumi AI
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- Named peers
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Competitors of Lumi AI
Lumi AI 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 Narrative Science, Fronteo, Datawisp, vPhrase and TextQL, among others.
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Data is analyzed and transformed into narrative reports using AI.
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E-discovery and international litigation support services are offered.
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Predictive data analytics platform is offered to gaming companies.
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AI based report creation software for enterprises
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AI powered data analysis platform using natural language
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Detailed competitors of Lumi AI
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Latest news on Lumi Ai
Complete news archive for Lumi AI
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Frequently Asked Questions about Lumi AI
Lumi AI was founded in 2023.
Lumi AI is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Ibrahim Ashqar is the current CEO of Lumi AI. They have also founded this company.
Lumi AI is a funded company, having raised a total of $3.7M across 2 funding rounds to date.
Lumi AI was founded in 2023 in Toronto, Canada, within the AI sector focused on text analytics for enterprises. Operational questions are addressed through a platform that processes natural language queries without requiring coding. Answers are generated using large language models and a context model to provide insights. Real-time data analysis is supported to produce reports based on user inputs.
Lumi AI's top competitors include Narrative Science, ConverSight and Fronteo.
Lumi AI offers Self Service Analytics, Conversational Analytics, Visualizations, Knowledge Management, and Integrations.
Lumi AI has 5 investors. Key investors include AgFunder, Forum Ventures, ADQ, Qora71 syndicate, and Annex Investments.