About Lumo
Lumo is a company based in Boston (United States) founded in 2015 by Hamsa Balakrishnan and Bala Chandran. It operates as a SaaS (Software-as-a-Service), and API-as-a-Product. Lumo has raised $5.15 million across 4 funding rounds from investors including Plug and Play Tech Center, Founders Factory and JetBlue Technology Ventures. Lumo offers products and services including Lumo Engage, Lumo Navigator, Lumo Spotlight, Lumo API, and Lumo Control Tower. Lumo operates in a competitive market with competitors including FlightCaster, KnowDelay, My Safe Harbours and Terminal Delay, among others.
- Headquarter Boston, United States
- Founders Hamsa Balakrishnan, Bala Chandran
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Sectors
Travel & Hospitality
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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 Resilient Ops, 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
$5.15 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Plug and Play Tech Center
& 3 more
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Employee Count
Employee Count
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Products & Services of Lumo
Lumo offers a comprehensive portfolio of products and services, including Lumo Engage, Lumo Navigator, Lumo Spotlight, Lumo API, and Lumo Control Tower. 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.
Alerts are provided to travelers about flight disruptions.
Dashboard is offered for managing travel disruptions effectively.
Insights are delivered for travel program performance analysis.
Predictive insights are integrated into custom travel platforms.
Real-time disruption monitoring is enabled for travel agencies.
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Funding Insights of Lumo
Lumo has successfully raised a total of $5.15M across 4 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 4
- Last Round Last Round
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First Round
First Round
(19 Jan 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Seed - Lumo | Valuation | Founders Factory |
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| Mar, 2019 | Amount | Seed - Lumo | Valuation |
investors |
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| Jan, 2018 | Amount | Seed - Lumo | Valuation | JetBlue Technology Ventures |
| 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 Lumo
Lumo has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, Founders Factory and JetBlue Technology Ventures. 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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Startup studio focused on fintech, telecoms, and multiple sectors
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided to travel and hospitality startups.
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Founded Year | Domain | Location | |
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Startups are accelerated and invested in across multiple tech sectors.
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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 Lumo
| 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 - Lumo
| 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 |
Lumo Comparisons
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 FlightCaster, KnowDelay, My Safe Harbours and Terminal Delay, 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 |
Provides predictions for flight delays to assist travelers.
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| domain | founded_year | HQ Location |
KnowDelay is an online platform that predicts flight delay status for travelers.
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| domain | founded_year | HQ Location |
A digital hub for managing flight delays and cancellations efficiently.
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| domain | founded_year | HQ Location |
Offers real-time flight status updates for users' journeys.
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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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Frequently Asked Questions about Lumo
When was Lumo founded?
Lumo was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Lumo located?
Lumo is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Lumo?
Bala Chandran is the current CEO of Lumo. They have also founded this company.
Is Lumo a funded company?
Lumo is a funded company, having raised a total of $5.15M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Jan 19, 2018.
What does Lumo do?
Flight disruptions are predicted, avoided, and managed through AI-powered data and tools by Lumo. Solutions are offered for travelers, travel managers, agencies, and developers. Various sectors including individual travel, corporate travel, and airline operations are served. Products such as Lumo Engage, Navigator, Spotlight, API, and Control Tower are designed to deliver proactive alerts, real-time insights, and data-driven decisions. Integration into existing platforms is supported to enhance travel planning and response to disruptions.
Who are the top competitors of Lumo?
Lumo's top competitors include FlightCaster, KnowDelay and My Safe Harbours.
What products or services does Lumo offer?
Lumo offers Lumo Engage, Lumo Navigator, Lumo Spotlight, Lumo API, and Lumo Control Tower.
Who are Lumo's investors?
Lumo has 4 investors. Key investors include Plug and Play Tech Center, Founders Factory, JetBlue Technology Ventures, and 2M Companies.
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