# Lume AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lume-ai

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.lume.ai
- Total disclosed funding: $4.2M
- Latest round: Seed (Nov 12, 2024)
- Investors on record: 5

## About

Founded in 2023 and based in California, US, Lume AI, Inc. operates as a data integration platform that allows businesses to manage large volumes of codes and data automatically. The company was founded by its CTO, Nebyou Zewde; CEO Robert Ross; CPO Nicolas Machado; and Collin Montag. In November 2024, Lume AI, Inc. raised USD 4.2 million in seed funding led by General Catalyst Partners, Y Combinator, Floodgate, Khosla Ventures, and Soma Capital Management.

Lume AI specializes in automating data mapping through its suite of products designed to streamline data workflows for businesses. The core offerings include a no-code platform and an API that enables users to integrate AI-driven data mapping into their existing systems. The firm’s Lume Mapper allows users to generate, edit, and deploy mappers tailored to their specific data schemas. The company targets sectors that handle extensive data integrations, such as financial services and logistics, providing solutions for organizations that must map diverse data sources to various document formats and schemas. Lume AI’s products are available in North America and Europe.

Lume AI generates revenue through a subscription-based model, allowing businesses to access its platform and API for data mapping services. Clients engage with the company by subscribing to different service tiers based on their data needs and integration complexities, resulting in recurring revenue streams. 

The company plans to utilize the November 2024 funding raised to increase its team in AI research and data infrastructure.

## Funding rounds

- Seed, Nov 12, 2024, $4.2M — General Catalyst Partners, Khosla Ventures, Floodgate, Y Combinator, Soma Capital Management

## Investors

- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Seed
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Seed
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed