LUMI

United Kingdom Founded: 2019 • Age: 7 yrs
Hardware and software for piano learning are provided by LUMI.
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About LUMI

LUMI is a company based in United Kingdom founded in 2019.. LUMI has raised $50.05 thousand across 1 funding round. LUMI offers products and services including Piano for Learners, Piano for Creators, Airwave, and Seaboard 2. LUMI operates in a competitive market with competitors including Yousician, Simply, Skoove, Tomplay and iMusic-School, among others.

  • Headquarter United Kingdom
  • Sectors
    Education
    Media & Entertainment
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Luminary Roli Limited
  • Date of Incorporation 18 May, 2021
  • Jurisdiction LONDON,, UNITED KINGDOM,, UNITED KINGDOM
Operational Areas
Education → Higher & Professional Education → →
Media & Entertainment → Music, Audio & Performing Arts → →
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $50.05 K (USD)

    in 1 rounds

  • Latest Funding Round
    $50.05 K (USD), Seed

    Dec 31, 2021

  • Investors
  • Employee Count
    Employee Count
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Products & Services of LUMI

LUMI offers a comprehensive portfolio of products and services, including Piano for Learners, Piano for Creators, Airwave, and Seaboard 2. 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.

Primary

AI-assisted tool for beginner piano learning and practice.

Advanced device for music creation and expression.

Enables touchless music creation in the air.

Innovative keyboard for dynamic and expressive playing.

Funding Insights of LUMI

LUMI has successfully raised a total of $50.05K through 1 strategic funding round. The most recent funding activity was a Seed round of $50.05 thousand completed in December 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 Rounds 1
  • Last Round Seed — $50,045
  • First Round

    (31 Dec 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Seed - LUMI Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by LUMI

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - LUMI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Lumi Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of LUMI

LUMI 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 Yousician, Simply, Skoove, Tomplay and iMusic-School, 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
Yousician
domain founded_year HQ Location
Musical instrument learning is facilitated by an app-based platform.
Simply
domain founded_year HQ Location
Creative hobbies are made accessible through interactive learning apps by Simply.
Skoove
domain founded_year HQ Location
Piano learning solutions are delivered via mobile and SaaS platforms.
Tomplay
domain founded_year HQ Location
Interactive music sheets for various instruments are provided online.
iMusic-School
domain founded_year HQ Location
Video music classes are delivered online for various instruments.
Mugafi
domain founded_year HQ Location
AI-powered platform for music learning and artist collaboration is offered.
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lumi

Frequently Asked Questions about LUMI

When was LUMI founded?

LUMI was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is LUMI located?

LUMI is headquartered in United Kingdom.

Is LUMI a funded company?

LUMI is a funded company, having raised a total of $50.05K across 1 funding round to date. The company's 1st funding round was a Seed of $50.05K, raised on Dec 31, 2021.

What does LUMI do?

LUMI was founded in 2019 in the United Kingdom as a provider of piano learning solutions in the edtech sector. A backlit keyboard is offered alongside a synced mobile app available on Android and iOS platforms. Users are guided through music lessons via the integrated hardware and software. Revenue is generated through subscription fees for app access and features. Operations focus on accessible learning tools for beginners and intermediate players.

Who are the top competitors of LUMI?

LUMI's top competitors include Yousician, Simply and Mugafi.

What products or services does LUMI offer?

LUMI offers Piano for Learners, Piano for Creators, Airwave, and Seaboard 2.

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