# Lumesis

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

- Industry: Internet
- Headquarters: New York, US
- Website: lumesis.com
- Total disclosed funding: $2.2M
- Latest round: Series A (Feb 22, 2012)
- Investors on record: 2

## About

Lumesis provides specialized data management and regulatory compliance solutions for the municipal finance market, enhancing efficiency and accuracy for municipalities and financial institutions through innovative software tools.Founded in 2010 by Gregg Bienstock and Tim Stevens, Lumesis is based in New York, US. The company focuses on providing data management solutions for the municipal finance sector. In September 2022, Lumesis was acquired by SOLVE Advisors, Inc., a portfolio company of Credit Suisse NEXT Investors and Charlesbank Capital Partners, for an undisclosed amount. The company has participated in a total of 4 deals, with its latest funding round being USD 1.99 mn raised in September 2022.Lumesis specializes in data management and regulatory compliance solutions tailored for the municipal finance market. Their main offerings include software tools designed to streamline financial data management and regulatory compliance for municipalities, underwriters, and government entities. The solutions are crafted to integrate seamlessly into existing workflows, providing real-time data and analytics to clients across the United States.Lumesis operates on a subscription-based revenue model, with clients entering annual agreements to access their suite of software solutions. This model includes updates and ongoing support, benefiting both the company and its clients. Their key products encompass advanced data analytics services and compliance tools, designed to meet the needs of both small municipalities and larger financial institutions.With the acquisition by SOLVE Advisors, Inc., Lumesis aims to enhance its Market Data Platform by integrating additional municipal asset class workflows and regulatory analytics. This strategic move is set to provide clients with improved access to municipal bond data and analytics. The company is focused on leveraging the recent funding to support these initiatives and expand its capabilities in the municipal finance sector.

## Funding rounds

- Series A, Feb 22, 2012, $2.2M — Safeguard Scientifics, NextStage Capital

## Investors

- Safeguard Scientifics (https://capitalatlas.ai/funds/safeguard-scientifics) — Series A
- NextStage Capital (https://capitalatlas.ai/funds/nextstage-capital) — Series A