Lumin Smart Panel

Charlottesville, United States Founded: 2016 • Age: 10 yrs Acquired By ABB
Smart panels are developed for upgrading circuit breaker panels.
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About Lumin Smart Panel

Lumin Smart Panel is a company based in Charlottesville (United States) founded in 2016 was acquired by ABB in January 2025.. Lumin Smart Panel has raised $6.43 million across 2 funding rounds from investors including ABB, ABB and Carbon Drawdown Collective. Lumin Smart Panel offers products and services including Lumin Smart Panel, Lumin Edge, and Panel Guard. Lumin Smart Panel operates in a competitive market with competitors including Itron, Sense, Iskraemeco, Kimbal and Enedis, among others.

  • Headquarter Charlottesville, United States
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Coulomb Inc.
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $6.43 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    ABB

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    ABB

    (Jan 14, 2025)

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Products & Services of Lumin Smart Panel

Lumin Smart Panel offers a comprehensive portfolio of products and services, including Lumin Smart Panel, Lumin Edge, and Panel Guard. 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

Provides whole-home backup and load management for energy efficiency.

Enables solar and battery integration for cost savings and grid support.

Offers circuit-level protection and monitoring during outages.

People of Lumin Smart Panel
Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Kelly Warner
Chief Executive Officer
People
Ben Doerr
Head of Foundation Engineering
People
Dustin Smith
DevOps Engineer of Security
People
Jeff Nicholson
Head of Customer Support

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Funding Insights of Lumin Smart Panel

Lumin Smart Panel has successfully raised a total of $6.43M across 2 strategic funding rounds. 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 2
  • Last Round
  • First Round

    (27 Aug 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Seed - Lumin Smart Panel Valuation ABB
Aug, 2020 Amount Series A - Lumin Smart Panel Valuation

investors

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lumin Smart Panel

Lumin Smart Panel has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include ABB, ABB and Carbon Drawdown Collective. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Capital is deployed to address the climate crisis effectively.
Founded Year Domain Location
Multi-utility robotic solutions and automation products are provided to industries.
Founded Year Domain Location
ABB Group is engaged in industrial automation and energy solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lumin Smart Panel

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

Financial Statements - Lumin Smart Panel

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

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lumin Smart Panel Comparisons

Employees
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Competitors of Lumin Smart Panel

Lumin Smart Panel 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 Itron, Sense, Iskraemeco, Kimbal and Enedis, 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
Cloud-based end-to-end solutions for smart grids are provided.
domain founded_year HQ Location
AI-driven energy monitoring via sensors and mobile apps is provided.
domain founded_year HQ Location
AMI products for energy metering are manufactured globally.
domain founded_year HQ Location
Provider of advanced metering infrastructure, smart grid automation, and energy management solutions
domain founded_year HQ Location
Smart metering solutions are provided for smart grid electricity monitoring.
domain founded_year HQ Location
Smart infrastructure solutions are provided to global utilities.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lumin Smart Panel

Frequently Asked Questions about Lumin Smart Panel

When was Lumin Smart Panel founded?

Lumin Smart Panel was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is Lumin Smart Panel located?

Lumin Smart Panel is headquartered in Charlottesville, United States. It is registered at Charlottesville, Virginia, United States.

Who is the current CEO of Lumin Smart Panel?

Kelly Warner is the current CEO of Lumin Smart Panel.

Is Lumin Smart Panel a funded company?

Lumin Smart Panel is a funded company, having raised a total of $6.43M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.43M, raised on Aug 27, 2020.

What does Lumin Smart Panel do?

Lumin Smart Panel was founded in 2016 in Charlottesville, United States, within the energy monitoring sector. Regular circuit breaker panels are converted into smart versions by the company. Granular energy consumption tracking is provided to homeowners, businesses, and utility providers. Detailed customer demand data is supplied to utilities for peak load management. Electricity usage analysis is accessible via a dedicated mobile app.

Who are the top competitors of Lumin Smart Panel?

Lumin Smart Panel's top competitors include Sense, Itron and Iskraemeco.

What products or services does Lumin Smart Panel offer?

Lumin Smart Panel offers Lumin Smart Panel, Lumin Edge, and Panel Guard.

Who are Lumin Smart Panel's investors?

Lumin Smart Panel has 3 investors. Key investors include ABB, ABB, and Carbon Drawdown Collective.

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