About Lumo
Lumo is a company based in Santa Rosa (United States) founded in 2021 by Henry Halimi and Devon Wright. Lumo has raised $13.22 million across 2 funding rounds from investors including Active Impact Investments, Fall Line Capital and Climate Capital. Lumo offers products and services including Lumo Valves and Lumo Software. Lumo operates in a competitive market with competitors including HydroPoint, Netafim, Hortau, Lindsay and Kilimo, among others.
- Headquarter Santa Rosa, United States
- Founders Henry Halimi, Devon Wright
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Sectors
EnvironmentAgriculture
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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
Not available
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Total Equity Funding
$13.22 M (USD)
in 2 rounds
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Latest Funding Round
$11.12 M (USD), Series A
Apr 19, 2024
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Investors
Active Impact Investments
& 2 more
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Employee Count
Not available
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Products & Services of Lumo
Lumo offers a comprehensive portfolio of products and services, including Lumo Valves and Lumo Software.
Hardware for accurate water delivery and flow monitoring in fields.
Platform for real-time data and automation of irrigation processes.
People of Lumo
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Funding Insights of Lumo
Lumo has successfully raised a total of $13.22M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $11.12 million completed in April 2024. 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 Lumo
Lumo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Active Impact Investments, Fall Line Capital and Climate Capital.
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Early-stage climate tech companies are supported through investments.
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VC firm that does early stage investments in the US
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Venture capital is invested in climate tech startups and entrepreneurs.
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Investor details for Lumo
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Lumo
Investment portfolio details for Lumo
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Financial Statements - Lumo
Detailed financials for Lumo
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Lumo Comparisons
Peer comparison for Lumo
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Competitors of Lumo
Lumo 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 HydroPoint, Netafim, Hortau, Lindsay and Kilimo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of smart water management solutions
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Drip irrigation components are manufactured and precision solutions are developed.
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Precision irrigation management is enabled through soil sensor data.
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Irrigation management and infrastructure solutions are provided for agriculture.
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Sustainable irrigation technologies for agriculture are developed and implemented.
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Detailed competitors of Lumo
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Latest news on Lumo
Complete news archive for Lumo
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Frequently Asked Questions about Lumo
Lumo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Lumo is headquartered in Santa Rosa, United States.
Devon Wright is the current CEO of Lumo. They have also founded this company.
Lumo is a funded company, having raised a total of $13.22M across 2 funding rounds to date.
Provider of precision irrigation automation systems. It offers block-level irrigation data, enabling precise water delivery based on real-time flow rates and pressure monitoring. The system features accountable automation, allowing for irrigation at any time with verified volumes and eliminating manual errors. Fault detection, real-time alerts, and dedicated support ensure efficient and reliable irrigation operations. The technology improves crop quality, reduces water and labor costs, and enhances sustainability.
Lumo's top competitors include HydroPoint, N-Drip and Netafim.
Lumo offers Lumo Valves and Lumo Software.
Lumo has 3 investors. Key investors include Active Impact Investments, Fall Line Capital, and Climate Capital.