Lumenergi
Latest round
- Series B
Last raised
- Mar 2012
Total raised
- $26M
Investors
- 5
About Lumenergi
Lumenergi Inc.Lumenergi Inc. is dedicated to energy management solutions for commercial and industrial sectors. Founded in 1974 in Newark, US, the company has evolved its strategies to enhance energy efficiency. The founder, Cr Stevens, has a history in the energy sector. In August 2013, Lumenergi was acquired by Fulham, a portfolio company of Braemar Energy Ventures, in a deal that did not disclose financial terms.57 mn.Lumenergi specializes in advanced energy management solutions, focusing on optimizing energy usage in commercial and industrial environments. Their core product offerings include a sophisticated energy management software platform that integrates with existing energy systems to provide real-time monitoring, analytics, and actionable insights. This technology aims to solve key challenges such as reducing energy waste, lowering operational costs, and enhancing sustainability efforts for businesses. Targeted primarily at commercial building owners, facility managers, and energy service companies, Lumenergi's solutions have been deployed across various geographical markets, including North America and parts of Europe, addressing a growing demand for energy efficiency and sustainability in these regions.Lumenergi generates revenue through a subscription-based model that allows clients to access their energy management platform on a recurring basis. This transactional structure facilitates a long-term relationship with customers, as clients benefit from ongoing software updates and support. The company’s revenue streams are bolstered by partnerships with energy service providers and technology integrators, enhancing its reach to commercial clients. Flagship offerings are integral to the value proposition, providing unique features that distinguish Lumenergi's solutions in the competitive landscape.Lumenergi is focused on enhancing its product lineup, with new features and updates planned for release in the coming months. The company aims to expand its market presence in Europe and further penetrate the North American market by 2025. This strategy follows their acquisition by Fulham in August 2013, which positioned them for accelerated growth and innovation in the energy management sector.
Who invested in Lumenergi
5 investors across 3 rounds
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Questions about Lumenergi
Who invested in Lumenergi?
Lumenergi has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lumenergi raised?
Lumenergi has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Lumenergi last raise money?
Lumenergi's most recent round on record is a Series B, in Mar 2012.
What does Lumenergi do?
Lumenergi is a electronics company.
Where is Lumenergi headquartered?
Lumenergi is headquartered in Newark, US.
Which VCs invest in companies like Lumenergi?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Lumenergi's stage. Their profiles are linked below.
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