About LummoSHOP
LummoSHOP is a company based in Jakarta (Indonesia) founded in 2019 by Lorenzo Peracchione and Krishnan Menon. LummoSHOP has raised $149 million across 5 funding rounds from investors including Saison Card, Speedinvest and Peak XV Partners. LummoSHOP operates in a competitive market with competitors including Shopify, Squarespace, Weebly, Khatabook and Webs, among others.
- Headquarter Jakarta, Indonesia
- Founders Lorenzo Peracchione, Krishnan Menon
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$149 M (USD)
in 5 rounds
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Latest Funding Round
$80 M (USD), Series C
Jan 19, 2022
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Investors
Saison Card
& 24 more
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Employee Count
Not available
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People of LummoSHOP
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Funding Insights of LummoSHOP
LummoSHOP has successfully raised a total of $149M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in January 2022. 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.
Investors in LummoSHOP
LummoSHOP has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Saison Card, Speedinvest and Peak XV Partners.
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Venture and private equity investments are managed with global diversification.
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Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
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Investments in growth-stage companies are made by Hedosophia.
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Investor details for LummoSHOP
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Investments & Acquisitions by LummoSHOP
Investment portfolio details for LummoSHOP
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Financial Statements - LummoSHOP
Detailed financials for LummoSHOP
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Lummoshop Comparisons
Peer comparison for LummoSHOP
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- Named peers
- Headcount comparison
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Competitors of LummoSHOP
LummoSHOP 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 Shopify, Squarespace, Weebly, Khatabook and Webs, among others.
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E-commerce storefront solutions are provided for online businesses.
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Cloud-based website builder tool
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Tools for creating websites and online stores are provided.
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App-based bookkeeping solutions are offered for small business management.
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Websites are built without coding via a cloud-based drag-and-drop platform.
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SaaS solutions for e-commerce store creation and management are provided.
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Detailed competitors of LummoSHOP
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Latest news on Lummoshop
Complete news archive for LummoSHOP
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Frequently Asked Questions about LummoSHOP
LummoSHOP was founded in 2019 and raised its 1st funding round 1 year after it was founded.
LummoSHOP is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Krishnan Menon is the current CEO of LummoSHOP. They have also founded this company.
LummoSHOP is a funded company, having raised a total of $149M across 5 funding rounds to date.
LummoSHOP was founded in 2019 in Jakarta, Indonesia, as a provider of e-commerce storefront solutions. An online store application is offered to support businesses in reaching online customers, with integrated features such as order management, payment processing, product handling, and marketing tools. Mobile applications are available for both Android and iOS platforms to facilitate operations.
LummoSHOP's top competitors include Shopify, Squarespace and Khatabook.
LummoSHOP has 25 investors. Key investors include Saison Card, Speedinvest, Peak XV Partners, Alter Global, and Whiteboard Capital.