About LumiQ
LumiQ is a company based in Toronto (Canada) founded in 2016 by Michael Kravshik.. LumiQ has raised $7.2 million across 5 funding rounds from investors including VERTU Capital, Joel Lessem and Jean Desgagne. LumiQ offers products and services including CPD Podcasts, Instructional Videos, and Fireside Chats. LumiQ operates in a competitive market with competitors including D2L, Degreed, Docebo, CoachHub and WorkRamp, among others.
- Headquarter Toronto, Canada
- Founders Michael Kravshik
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Sectors
Media & EntertainmentEducation Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lumiq 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
$7.2 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
VERTU Capital
& 5 more
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Employee Count
Employee Count
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Products & Services of LumiQ
LumiQ offers a comprehensive portfolio of products and services, including CPD Podcasts, Instructional Videos, and Fireside Chats. 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.
Engaging audio episodes on ethics and business for CPD hours.
Video tutorials covering Excel and financial modeling skills.
Casual discussions with executives on leadership topics.
Unlock access to complete
Funding Insights of LumiQ
LumiQ has successfully raised a total of $7.2M across 5 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 Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(01 Jun 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Private Equity Round - LumiQ | Valuation | VERTU Capital |
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| Sep, 2022 | Amount | Series A - LumiQ | Valuation | Joel Lessem |
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| May, 2021 | Amount | Seed - LumiQ | Valuation | Jean Desgagne |
| 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 LumiQ
LumiQ has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include VERTU Capital, Joel Lessem and Jean Desgagne. 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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Private equity fund focused on tech companies
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Founded Year | Domain | Location | |
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JL
Joel Lessem |
Angel investor and advisor, focused on Indian startups and technology innovation.
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Founded Year | Domain | Location |
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JD
Jean Desgagne |
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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 LumiQ
| 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 - LumiQ
| 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 |
Lumiq Comparisons
Competitors of LumiQ
LumiQ 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 D2L, Degreed, Docebo, CoachHub and WorkRamp, 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 |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Cloud-based learning management system for corporate employee training is provided.
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| domain | founded_year | HQ Location |
Provider of online coaching and professional development solutions
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| domain | founded_year | HQ Location |
Enterprise learning management systems are provided for training programs.
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| domain | founded_year | HQ Location |
Online LMS platform is delivered for multi-industry compliance training.
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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 Lumiq
Frequently Asked Questions about LumiQ
When was LumiQ founded?
LumiQ was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is LumiQ located?
LumiQ is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of LumiQ?
Michael Kravshik is the current CEO of LumiQ. They have also founded this company.
Is LumiQ a funded company?
LumiQ is a funded company, having raised a total of $7.2M across 5 funding rounds to date. The company's 1st funding round was a Seed of $909.58K, raised on Jun 01, 2017.
What does LumiQ do?
LumiQ was established in 2016 in Toronto, Canada, as an online platform in the edtech sector. Educational podcasts centered on finance and accounting topics are offered for streaming. Access is provided through dedicated applications for Android and iOS devices. Content is delivered to support learning in financial and accounting areas for mobile users.
What products or services does LumiQ offer?
LumiQ offers CPD Podcasts, Instructional Videos, and Fireside Chats.
Who are LumiQ's investors?
LumiQ has 6 investors. Key investors include VERTU Capital, Joel Lessem, Jean Desgagne, William Tunstall-Pedoe, and Neil Wainwright.