Luna Innovations

United States Founded: 1990 • Age: 36 yrs
Fiber optic testing and sensing instrumentation is developed and supplied.
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About Luna Innovations

Luna Innovations is a company based in United States founded in 1990.. Luna Innovations has raised $3.5 million across 69 funding rounds from investors including United States Department of Agriculture, U.S. Department of Transportation and HHS. Luna Innovations has completed 5 acquisitions, including General Photonics Corporation, MicronOptics and New Ridge Technologies. Luna Innovations offers products and services including ODiSI Interrogator, HYPERION Interrogators, and Terahertz Gauging. Luna Innovations operates in a competitive market with competitors including Sandvine, NetScout, Viavi, Neusoft and Synchronoss, among others.

  • Headquarter United States
  • Stage Public
  • Sectors
    Telecommunications
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Luna Innovations, Inc.
Operational Areas
Telecommunications → Telecommunications Software & Platforms
Key Metrics
  • Annual Revenue
    $109.5 M
    25.12
    as on Dec 31, 2022
  • Net Profit
    $-570 K
    -141.24
    as on Dec 31, 2022
  • EBITDA
    $3.54 M
    73.8
    as on Dec 31, 2022
  • Total Equity Funding
    $3.5 M (USD)

    in 69 rounds

  • Latest Funding Round
    $50 M (USD), Post-IPO

    Dec 21, 2023

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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IPO & Listings of Luna Innovations

Luna Innovations is a publicly listed company on the OTC with ticker symbol LUNA in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OTC · Ticker: LUNA . Sector: Electronic technology · USA

Products & Services of Luna Innovations

Luna Innovations offers a comprehensive portfolio of products and services, including ODiSI Interrogator, HYPERION Interrogators, and Terahertz Gauging. 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.

Primary

High-definition distributed fiber optic sensing for structural monitoring

Tools for multipoint fiber optic measurements in various applications

Provides thickness monitoring for industrial quality control

People of Luna Innovations
Headcount 200-500
Employee Profiles 38
Board Members and Advisors 7
Employee Profiles
People
David Blaker
VP, Engineering
People
Vlad Bogdanov
IT Project Manager
People
Brittany Williams
Quality Management Systems Coordinator
People
Allison Woody
Director, Administration

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Board Members and Advisors
people
Richard W. Roedel
Chairman
people
Mary Beth Vitale
Director
people
Gary Spiegel
Director
people
Pamela Coe
Director

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Funding Insights of Luna Innovations

Luna Innovations has successfully raised a total of $3.5M across 69 strategic funding rounds. The most recent funding activity was a Post-IPO round of $50 million completed in December 2023. 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 Rounds 69
  • Last Round Post-IPO — $50.0M
  • First Round
  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2023 Amount Post-IPO - Luna Innovations Valuation

investors

Jun, 2023 Amount Grant - Luna Innovations Valuation

investors

Oct, 2022 Amount Grant - Luna Innovations Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Luna Innovations

Luna Innovations has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include United States Department of Agriculture, U.S. Department of Transportation and HHS. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in small-cap public technology companies.
Founded Year Domain Location
US tech companies are funded across stages by Columbia Capital.
Founded Year Domain Location
Long-term capital is invested in basic industry businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Luna Innovations

Luna Innovations has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include General Photonics Corporation, MicronOptics and New Ridge Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
OptaSense is engaged in distributed fiber optic sensing solutions.
2008
Provider of fibre optic monitoring solutions for the oil and gas industry
2007
Fiber optic subsystems and measurement equipment are developed and manufactured.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Luna Innovations

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Luna Innovations Comparisons

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Competitors of Luna Innovations

Luna Innovations 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 Sandvine, NetScout, Viavi, Neusoft and Synchronoss, 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
Network policy control products are provided for broadband service providers.
domain founded_year HQ Location
Cloud-based visual tools for network performance management are provided.
domain founded_year HQ Location
Cloud-based test and measurement solutions for broadband are provided.
domain founded_year HQ Location
IT solutions and services are provided to multiple industries.
domain founded_year HQ Location
SaaS-based platform providing subscriber analytics, network asset management, and cloud services
domain founded_year HQ Location
OSS/BSS and IT services are provided to the telecommunications sector.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Luna Innovations

Frequently Asked Questions about Luna Innovations

When was Luna Innovations founded?

Luna Innovations was founded in 1990 and raised its 1st funding round 10 years after it was founded.

Where is Luna Innovations located?

Luna Innovations is headquartered in United States.

Is Luna Innovations a funded company?

Luna Innovations is a funded company, having raised a total of $3.5M across 69 funding rounds to date. The company's 1st funding round was a Grant of $255.38K, raised on Jun 01, 2000.

What is the annual revenue of Luna Innovations?

Annual revenue of Luna Innovations is $109.5M as on Dec 31, 2022.

What does Luna Innovations do?

Founded in 1990 and headquartered in the United States, Luna Innovations operates in the photonics and sensing sector. Optical analyzers, reflectometers, tunable lasers, receivers, and switches are produced for testing applications. Distributed strain and temperature sensing is enabled through the ODiSI platform for composite and non-composite materials. Services are extended to enterprises, defense organizations, government integrators, and research entities across various industries.

Who are the top competitors of Luna Innovations?

Luna Innovations's top competitors include Sandvine, Iconectiv and Viavi.

What products or services does Luna Innovations offer?

Luna Innovations offers ODiSI Interrogator, HYPERION Interrogators, and Terahertz Gauging.

Is Luna Innovations publicly traded?

Yes, Luna Innovations is publicly traded on OTC under the ticker symbol LUNA.

How many acquisitions has Luna Innovations made?

Luna Innovations has made 5 acquisitions, including General Photonics Corporation, MicronOptics, and New Ridge Technologies.

Who are Luna Innovations's investors?

Luna Innovations has 13 investors. Key investors include United States Department of Agriculture, U.S. Department of Transportation, HHS, Virginia Tech, and European Union.

What is Luna Innovations's ticker symbol?

The ticker symbol of Luna Innovations is LUNA on OTC.

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