How Much Did Lumos Raise?
Funding & Key Investors

Lumos, a company focused on internal enterprise application management, has recently secured a major strategic investment, adding to its total funding of $65M. This latest capital infusion, amounting to $35M, follows a significant prior funding round, underscoring investor confidence in Lumos's mission to enhance enterprise productivity and compliance through its internal AppStore solution.

What is Lumos?

Lumos
SoftwareStorage & System Management Software

Lumos operates as an internal AppStore for businesses, aiming to streamline employee access to applications and improve IT and security oversight. The platform allows employees to request apps and permissions directly through a self-service portal, while IT and security teams can manage access, conduct reviews, and automate provisioning. This dual approach ensures that employees remain productive by easily obtaining necessary tools, and enterprises maintain compliance and control over their digital environment.

How much funding has Lumos raised?

Lumos has raised a total of $65M across 2 funding rounds:

2022

Unspecified

$30M

2024

Series B

$35M

Unspecified (2022): $30M with participation from Phil Venables, Greg Brockman, Lachy Groom, Andreessen Horowitz, and Neo

Series B (2024): $35M led by Neo, Andreessen Horowitz, and Scale Venture Partners

Key Investors in Lumos

Neo

Neo is dedicated to empowering the next generation of tech leaders through its premier startup accelerator, innovative recruiting platform, and a vibrant mentorship community. The company aims to support budding entrepreneurs and tech professionals in their growth and development.

Andreessen Horowitz

Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies. The company is headquartered in Menlo Park, California.

Scale Venture Partners

Scale Venture Partners is an early-stage venture capital firm that invests in founders building category-defining businesses. They provide hands-on consulting and go-to-market advisory from experienced executives to support companies on their journey from founder-led growth to scalable operations.

What's next for Lumos?

The recent major strategic investment signals a pivotal growth phase for Lumos. With this influx of capital, the company is poised to expand its market reach and further develop its platform capabilities. The focus on enterprise-level solutions suggests a strategic push towards larger clients, aiming to solidify its position as a leader in internal app management and compliance solutions. Future developments will likely center on enhancing automation features and broadening integration with existing enterprise IT infrastructures.

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Frequently Asked Questions Regarding Lumos Financial Insights

What are the most recent funding rounds that Lumos has completed, and what were the funding rounds?
Lumos has recently completed 2 funding rounds: Series B on May 23, 2024, Unspecified on May 3, 2022.
What is the total amount of funding Lumos has raised to date?
Lumos has raised a total of $65M in funding to date.
How many funding rounds has Lumos completed?
Lumos has completed 2 funding rounds.
How much funding did Lumos raise in its most recent funding round?
Lumos raised $35M in its most recent funding round.
Who are the lead investors in Lumos's latest funding round?
The lead investor in Lumos's latest funding round was Neo. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Lumos's history?
The largest funding round in Lumos's history was $35M.
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