About Lumi
Lumi is a company based in Las Vegas (United States) founded in 2023 by Colin Kaepernick. It operates as a AI-as-a-Service. Lumi has raised $4 million across 1 funding round from investors including Seven Seven Six. Lumi offers products and services including Lumi Story AI Platform. Lumi operates in a competitive market with competitors including Faible, Naria, Story Spark, Tall Tales and bully! entertainment, among others.
- Headquarter Las Vegas, United States
- Founders Colin Kaepernick
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lumi Story Ai
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Series A
Jul 29, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Lumi
Lumi offers a comprehensive portfolio of products and services, including Lumi Story AI Platform. 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.
AI platform is used to create and publish stories.
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Funding Insights of Lumi
Lumi has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in July 2024. 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 Series A — $4.0M
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First Round
First Round
(29 Jul 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Series A - Lumi | Valuation | Seven Seven Six |
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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 Lumi
Lumi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Seven Seven Six. 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 focused on investing in technology startups
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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 Lumi
| 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 - Lumi
| 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 |
Lumi Comparisons
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 Faible, Naria, Story Spark, Tall Tales and bully! entertainment, 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 |
Stories are created, adapted, and narrated using AI across genres.
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| domain | founded_year | HQ Location |
Stories are generated via an AI platform in multiple genres.
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| domain | founded_year | HQ Location |
Platform for creating personalized children stories
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| domain | founded_year | HQ Location |
A parent-led mobile app that creates personalized bedtime stories for children.
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| domain | founded_year | HQ Location |
Interactive experiences are developed using augmented reality and AI technologies.
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| domain | founded_year | HQ Location |
Provides AI-powered creative storytelling apps to support children's development.
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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 Lumi
When was Lumi founded?
Lumi was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Lumi located?
Lumi is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
Who is the current CEO of Lumi?
Colin Kaepernick is the current CEO of Lumi. They have also founded this company.
Is Lumi a funded company?
Lumi is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Series A of $4M, raised on Jul 29, 2024.
What does Lumi do?
Lumi Story AI is developed as a platform leveraging artificial intelligence to empower creators in storytelling. It is designed to assist users in creating, publishing, and merchandising stories digitally and physically. The platform is particularly aimed at comic books and manga creators, addressing barriers to entry in the publishing world. Solutions are provided to democratize access to storytelling tools, enabling diverse perspectives and narratives to be shared globally.
Who are the top competitors of Lumi?
Lumi's top competitors include Faible, Story Spark and Naria.
What products or services does Lumi offer?
Lumi offers Lumi Story AI Platform.
Who are Lumi's investors?
Lumi has 1 investor. Key investors include Seven Seven Six.