# Lumense

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

- Industry: Industrial Machinery
- Headquarters: Atlanta, US
- Website: lumense.com
- Total disclosed funding: $4.8M
- Latest round: Series C (Nov 9, 2015)
- Investors on record: 3

## About

Lumense is a digital asset company specializing in the sale and leasing of premium domain names, helping businesses and entrepreneurs establish a strong online presence through secure transactions and competitive pricing.Founded in 2011 in Atlanta, US, Lumense focuses on the domain name market. The company has secured a total of 3 deals, with its most recent funding round being a Series C in November 2015, raising USD 2.2 mn from GRA Venture Fund. Lumense operates as an independent entity without any subsidiaries or parent companies, and the specifics about its founders are currently unavailable.Lumense.com specializes in the sale and leasing of premium domain names, prominently featuring the domain name lumense.com, which is available for direct purchase at a price of USD 9,995 or through a lease-to-own option priced at USD 480 per month. This service targets a diverse client base, including businesses and entrepreneurs seeking to establish a strong online presence. The company ensures a seamless transaction process by providing secure payments, transaction support, and fast transfers, catering primarily to customers in North America and Europe. By emphasizing the simplicity and safety of the domain acquisition process, Lumense.com positions itself as a reliable partner for individuals and businesses looking to invest in their digital identity.Lumense.com generates revenue primarily through the sale and leasing of domain names, structured around two main pricing models: outright purchase and lease-to-own agreements. Clients can choose to pay a one-time fee for ownership or opt for a monthly leasing plan that allows them to gradually acquire the domain. This dual pricing strategy enables Lumense.com to cater to varying client budgets and preferences, attracting both small businesses and larger enterprises. Transactions are completed through secure payment methods, ensuring both parties are protected during the exchange. The straightforward pricing structure and emphasis on hassle-free payments contribute to an efficient revenue model for the company.In November 2015, Lumense raised USD 2.2 mn in Series C funding to support its growth initiatives. The company plans to expand its portfolio of domain names and enhance its leasing options. Additionally, Lumense aims to reach new markets in Europe and Asia by 2025, capitalizing on the increasing demand for digital assets in these regions.

## Funding rounds

- Series C, Nov 9, 2015, $2.2M — GRA Venture Fund
- Series B, Nov 14, 2013, $2.6M — Coca-Cola Company, GRA Venture Fund, Intelligent Systems Corporation

## Investors

- Coca-Cola Company — Series B
- GRA Venture Fund (https://capitalatlas.ai/funds/gra-venture-fund) — Series B, Series C
- Intelligent Systems Corporation — Series B