About Luminopia
Luminopia is a company based in Cambridge (United States) founded in 2016 by Scott Xiao and Dean Travers.. Luminopia has raised $39.01 million across 10 funding rounds from investors including SSI Strategy, Sony Innovation Fund and USVP. Luminopia offers products and services including Luminopia VR Therapy and Adherence Portal. Luminopia operates in a competitive market with competitors including Smart Optometry, Autoyos, Arka AGP, Rabbit-Eyes and Vivid Vision, among others.
- Headquarter Cambridge, United States
- Founders Scott Xiao, Dean Travers
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Sectors
Healthcare
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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 Luminopia, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$39.01 M (USD)
in 10 rounds
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Latest Funding Round
$16 M (USD), Series A
Jun 27, 2023
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Investors
SSI Strategy
& 5 more
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Employee Count
Employee Count
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Products & Services of Luminopia
Luminopia offers a comprehensive portfolio of products and services, including Luminopia VR Therapy and Adherence Portal. 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.
VR-based treatment to improve vision in children with amblyopia.
Online tool for tracking and supporting therapy adherence.
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Funding Insights of Luminopia
Luminopia has successfully raised a total of $39.01M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in June 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 Total Funding
- Total Rounds 10
- Last Round Series A — $16.0M
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First Round
First Round
(05 Jul 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Series A - Luminopia | Valuation | USVP | |
| Nov, 2022 | Amount | Seed - Luminopia | Valuation | ShangBay Capital | |
| Dec, 2019 | Amount | Seed - Luminopia | Valuation |
investors |
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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 Luminopia
Luminopia has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SSI Strategy, Sony Innovation Fund and USVP. 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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VC firm that focuses on early stage investments in the US
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investments in early and late-stage US companies are made.
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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 Luminopia
| 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 - Luminopia
| 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 |
Luminopia Comparisons
Competitors of Luminopia
Luminopia 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 Smart Optometry, Autoyos, Arka AGP, Rabbit-Eyes and Vivid Vision, 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 |
A platform for optometry screening and diagnostic tools is provided.
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| domain | founded_year | HQ Location |
Eye diseases are detected via AI-enabled multispectral imaging platform.
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| domain | founded_year | HQ Location |
Offers a mobile application for effective eyesight management.
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| domain | founded_year | HQ Location |
Vision correction solutions for eye fatigue and headaches are provided.
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| domain | founded_year | HQ Location |
VR games are developed for vision treatment in clinics.
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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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Latest news on Luminopia
Frequently Asked Questions about Luminopia
When was Luminopia founded?
Luminopia was founded in 2016.
Where is Luminopia located?
Luminopia is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Luminopia?
Scott Xiao is the current CEO of Luminopia. They have also founded this company.
Is Luminopia a funded company?
Luminopia is a funded company, having raised a total of $39.01M across 10 funding rounds to date. The company's 1st funding round was a Seed of $11.11M, raised on Jul 05, 2016.
What does Luminopia do?
Founded in 2016 and based in Cambridge, United States, VR-based solutions are developed by the company to address visual disorders through neurological targeting. Compatibility is ensured with various headsets, including Google Cardboard, mobile VR devices, and Oculus Rift. Operations focus on health technology within the visual therapy sector, providing therapeutic environments for disorder treatment.
Who are the top competitors of Luminopia?
Luminopia's top competitors include Smart Optometry, Autoyos and Vivid Vision.
What products or services does Luminopia offer?
Luminopia offers Luminopia VR Therapy and Adherence Portal.
Who are Luminopia's investors?
Luminopia has 6 investors. Key investors include SSI Strategy, Sony Innovation Fund, USVP, ShangBay Capital, and The Vertical Group.