About Lumkani
Lumkani is a company based in Cape Town (South Africa) founded in 2014.. Lumkani offers products and services including Fire Alarm, Funeral Cover, and AMA’Discounts. Lumkani operates in a competitive market with competitors including Sensorist, WeatherFlow, Qingping, 720Health and OmniShield, among others.
- Headquarter Cape Town, South Africa
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Sectors
Technology
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Phone
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Website
*********
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Social
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- Legal Name The Sociotech Institute (Pty) Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Accion
& 2 more
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Employee Count
Employee Count
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Products & Services of Lumkani
Lumkani offers a comprehensive portfolio of products and services, including Fire Alarm, Funeral Cover, and AMA’Discounts. 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.
Device that detects fires and provides alert notifications.
Policy offering financial support for funeral expenses.
Cashback system for partnered services and products.
Funding Insights of Lumkani
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(01 Jun 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Seed - Lumkani | Valuation |
investors |
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| Jun, 2015 | Amount | Grant - Lumkani | 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 Lumkani
Lumkani has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Accion, Lireas Holdings and 4Di Capital. 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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Early-stage venture capital is provided to Africa-based entrepreneurs.
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Founded Year | Domain | Location | |
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Diversified investments in insurtech businesses are managed by Lireas Holdings.
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Founded Year | Domain | Location | |
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Foundation focused on early-stage investments in fintech sector
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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 Lumkani
| 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 - Lumkani
| 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 |
Lumkani Comparisons
Competitors of Lumkani
Lumkani 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 Sensorist, WeatherFlow, Qingping, 720Health and OmniShield, 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 |
Small wireless sensors for temperature and humidity are provided.
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| domain | founded_year | HQ Location |
Weather monitoring devices for consumers and enterprises are developed.
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| domain | founded_year | HQ Location |
Smart home environment monitoring systems are provided by Qingping.
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| domain | founded_year | HQ Location |
Environment monitoring tool
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| domain | founded_year | HQ Location |
Offers wireless sensors for detecting home threats like smoke, leaks, and carbon monoxide.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lumkani
When was Lumkani founded?
Lumkani was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Lumkani located?
Lumkani is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
What does Lumkani do?
Lukmani has developed networked device to enable pre detect events of fire and act as a early warning system. Device detects rapid change in temperature to detect events of fire and limit occurrence of false alarms. Devices can also be mesh networked within 60 meters thus all raise alarm together sending SMS and GPS locations to local fire department and community leaders. Company claims to have installed its device in over 7000 households in total. Company has won Chivas Regals the venture competition with a prize money of 50K.
Who are the top competitors of Lumkani?
Lumkani's top competitors include WeatherFlow, Sensorist and Qingping.
What products or services does Lumkani offer?
Lumkani offers Fire Alarm, Funeral Cover, and AMA’Discounts.
Who are Lumkani's investors?
Lumkani has 3 investors. Key investors include Accion, Lireas Holdings, and 4Di Capital.