About UseLume
UseLume is a company based in New York (United States) founded in 2019 by Christopher Chang and Shantanu Joshi was acquired by Vivian in September 2022.. UseLume operates in a competitive market with competitors including Her Bank and Impressia Bank, among others.
- Headquarter New York, United States
- Founders Christopher Chang, Shantanu Joshi
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Sectors
Financial Services
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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
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Vivian
(Sep 14, 2022)
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Funding Insights of UseLume
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 UseLume
UseLume has secured backing from 1 investor. Prominent investors backing the company include Vivian Health. 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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Healthcare freelancers are matched with jobs via an online marketplace.
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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 UseLume
| 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 - UseLume
| 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 |
Uselume Comparisons
Competitors of UseLume
UseLume 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 Her Bank and Impressia Bank, 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 |
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| domain | founded_year | HQ Location |
Personalized banking services for women to achieve financial goals through experts.
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| domain | founded_year | HQ Location |
Provides financial services, loans, and resources for women-owned businesses.
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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 UseLume
When was UseLume founded?
UseLume was founded in 2019.
Where is UseLume located?
UseLume is headquartered in New York, United States. It is registered at New York, New York, United States.
What does UseLume do?
Lume was founded in 2019 and is based in New York, United States. A retail banking platform is provided for women, with a focus on nurses. Services are delivered via digital channels, relying on limited branch infrastructure. Key offerings include on-demand pay, loan repayment savings plans, and security features. Operations occur within the fintech sector, emphasizing accessible financial tools.
Who are the top competitors of UseLume?
UseLume's top competitors include Her Bank and Impressia Bank.
Who are UseLume's investors?
UseLume has 1 investor. Key investors include Vivian Health.