What is Lumio?
Founded in 2020 and headquartered in Lehi, Utah, Lumio is a fast-growing company dedicated to simplifying the adoption of solar energy for homeowners. The company specializes in providing comprehensive residential solar energy solutions, aiming to make the transition to sustainable power accessible and straightforward. Lumio's focus on customer experience and streamlined processes positions it as a key player in the burgeoning renewable energy sector.
How much funding has Lumio raised?
Lumio has raised a total of $110M across 1 funding round:
Unspecified
$110M
Unspecified (2021): $110M with participation from Fiera Capital and White Oak
Key Investors in Lumio
Fiera Capital
Fiera Comox is an investment firm specializing in global private investment strategies including Agriculture, Timberland, Private Equity, and Private Credit. Established in 2016, they focus on delivering long-term returns through sustainable practices and managing billions in private transactions.
White Oak
Undisclosed investor participating in the funding round.
What's next for Lumio?
The substantial enterprise-level backing Lumio has received indicates a strong market confidence in its business model and future potential. This strategic investment is likely to fuel further innovation in its solar technology and service delivery. Lumio is poised to expand its operational footprint, potentially entering new geographic markets and enhancing its capacity to serve a larger customer base. The company's continued growth will be critical in its mission to drive widespread adoption of residential solar power.
See full Lumio company page
