About Lumi
Lumi is a company based in Bondi (Australia) founded in 2018. It operates as a FinTech and Commission-Based. Lumi has raised $39.5 million across 5 funding rounds from investors including Harel Group, Perennial Partners and Arbel Finance. Lumi offers products and services including Business Line of Credit and Business Loan. Lumi operates in a competitive market with competitors including Moula, Butn, Pepper Money, Stratton Finance and ClickCapital, among others.
- Headquarter Bondi, Australia
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website lumi.com.au
- Social LinkedIn X Facebook
- Total Equity Funding$39.5M (USD)
in 5 rounds
- Latest Funding Round$15M (USD), Series C
Jul 2023
- InvestorsHarel Group
& 4 more
Products & Services of Lumi
Lumi offers a comprehensive portfolio of products and services, including Business Line of Credit and Business Loan.
Flexible credit access is provided for business needs.
Customizable loans are offered with flexible repayment terms.
Funding Insights of Lumi
Lumi has successfully raised a total of $39.5M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $15 million completed in July 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 $39.5M
- Total Rounds 5
- Last Round Series C — $15M
- First Round $6.5M
(Nov 2018)
- Investors Count 5
All 5 funding rounds of Lumi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $15M | Series C | – | Harel Group, Stellan Capital | |
| Feb 2022 | $10M | Series B | – | Perennial | |
| May 2019 | $8M | Series A | – | FollowTheSeed | – |
| Nov 2018 | $6.5M | Series A | – | FollowTheSeed | – |
| Nov 2018 | $25M | Debt – Conventional | – | – |
5 investors in total: 5 institutional.
Investors in Lumi
Lumi has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Harel Group, Perennial Partners and Arbel Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management services are offered by Arbel Finance in Israel. | 2017 | arbelfund.com | Herzliya Pituach, Israel | |
A global data-driven venture capital firm focused on innovation. | – | followtheseed.vc | - | |
Financial services are provided in investment and insurance sectors. | 1935 | harel-group.co.il | Tel Aviv, Israel | |
Diversified asset management services are provided in Australia. | 2000 | perennial.net.au | Sydney, Australia | |
Offers tailored financial planning, portfolio management, and family office services for clients. | 2019 | stellancapital.com | Adelaide, Australia |
Investor details for Lumi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lumi
27 people are tracked at Lumi (7 in leadership, 20 in team).
| Name | Role | Group |
|---|---|---|
Yanir Yakutiel | Founder and CEO | Leadership |
Anna Carolina Anderson | Head Of Product | Leadership |
Ben Elmslie | Chief Risk Officer | Leadership |
Emma Shirt | Head Of Operations | Leadership |
Paul Pagnan | Chief Technology Officer | Leadership |
Anna Hawter | Deputy CEO | Leadership |
Mitchell Boulton | Chief Financial Officer | Leadership |
Matthew Pretorius | New Business Sales Manager | Team |
Daniel Cullen | Technical Lead | Team |
Ke Hu | Senior Credit Risk Manager | Team |
Michael Iacovou | Senior Recovery Officer | Team |
Darren K. | Senior Credit Analyst | Team |
Alexander McNeill-Bate | Risk Manager | Team |
Tyler Ritter | Senior Software Engineer | Team |
Merve Erdogmus | Software Engineer | Team |
Angel C. | Senior Product Manager | Team |
Abhinav Sheth | Senior Credit Analyst | Team |
Ewaldo Setiobudi | Credit Analyst | Team |
Manik Mahajan | Credit Analyst | Team |
Ben Perram | Product Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Lumi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lumi
3 dated milestones of Lumi across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Lumi is founded.
- Funding First funding round of $6.5M.
- Funding Latest funding round, Series C, of $15.0M.
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 Moula, Butn, Pepper Money, Stratton Finance and ClickCapital, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moula.com.au | 2013 | Melbourne, Australia | $45.05M | – | Online lending platform for unsecured business loans to SMBs | |
| butn.co | 2018 | Sydney, Australia | $12.5M | – | Payment solutions for businesses are facilitated via an integrated platform. | |
| peppermoney.com.au | 2000 | Sydney, Australia | – | – | Online platform offering diversified loans | |
| strattonfinance.com.au | 1998 | Port Melbourne, Australia | – | – | Auto loans are provided via an online marketplace platform. | |
| clickcapital.com.au | 2015 | Williamstown, Australia | – | – | Provides loans and financing for Australian businesses through broker services. |
Detailed competitors of Lumi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Lumi
The website of Lumi (lumi.com.au) receives about 23K visits a month.
- Monthly visits23K
▲ 19.4% vs previous month
Websites whose visitors overlap most with Lumi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| scotpac.com.au | 100% | 13.6K | #1,635,213 | View details | |
| peppermoney.com.au | 100% | 103.8K | #334,946 | View details | |
| funding.com.au | 100% | 99K | #407,770 | View details | |
novunapersonalfinance.co.uk | novunapersonalfinance.co.uk | 100% | – | #112,316 | – |
money.com.au | money.com.au | 100% | – | #162,959 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Lumi
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Lumi
Complete news archive for Lumi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Lumi
10 companies that operate in the same segment as Lumi (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Lumi
Lumi was founded in 2018.
Lumi is headquartered in Bondi, Australia. It is registered at Bondi, New South Wales, Australia.
Lumi is a funded company, having raised a total of $39.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Nov 2018.
Business financing solutions are offered by Lumi, focusing on fast and flexible loans and lines of credit. Services are tailored for small and medium enterprises across various industries. Innovative technology, including AI-powered risk engines, is utilized to ensure quick credit decisions and fair lending practices. Partnerships with brokers and platforms are facilitated to embed funding solutions, supporting business growth and scalability.
Lumi's top competitors include Butn, Moula and Pepper Money.
Lumi offers Business Line of Credit and Business Loan.
Lumi has 5 investors. Key investors include Harel Group, Perennial Partners, Arbel Finance, Stellan Capital, and FollowTheSeed.