# Luminous Computing

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

- Industry: Hardware
- Headquarters: Mountain View, US
- Website: www.luminouscomputing.com
- Total disclosed funding: $114M
- Latest round: Series A (Mar 3, 2022)
- Investors on record: 13

## About

Luminous Computing, Inc. is dedicated to developing advanced computing technologies that enhance efficiency across various industries. Their innovative solutions leverage artificial intelligence to optimize operations and improve decision-making processes.Founded in 2018, Luminous Computing, Inc. operates out of Mountain View, California, US, focusing on cutting-edge computing solutions. The company was co-founded by Marcus Gomez, Michael Gao, and Mitchell Nahmias. In March 2022, they raised USD 105 mn in Series A funding from investors including 8090 Industries and Alumni Ventures Group, marking a significant financial milestone. The latest funding round has raised their total amount to USD 105 mn. They have completed four funding deals to date, with the most recent deal executed on March 3, 2022.Luminous Computing specializes in technology solutions aimed at enhancing operational efficiency across sectors such as manufacturing, healthcare, and retail. Their core products include advanced software platforms that offer real-time analytics, process automation, and user-friendly interfaces, enabling businesses to optimize their workflows and leverage data-driven insights for increased productivity.The company's revenue model combines subscription-based services and direct sales of its software solutions. Clients typically enter annual contracts that grant access to the complete suite of products, which also includes customized support and regular updates. Partnerships with distributors and service providers further broaden their market reach, addressing both B2B and direct-to-consumer needs, with pricing plans tailored to a range of business sizes and requirements.With the funds raised in March 2022, Luminous Computing plans to expand its engineering team and develop custom chips and software, preparing for commercial-scale production. The company is also looking to introduce new products designed to address emerging business challenges. Furthermore, they aim to expand into additional markets, particularly in North America and Europe, by the end of 2023, enhancing their global presence and client engagement.

## Funding rounds

- Series A, Mar 3, 2022, $105M — Horsley Bridge Partners, Cascade Investment, Alumni Ventures Group, Neo, Third Kind Venture Capital, Gigafund, 8090 Industries, MVP Ventures
- Series A, Aug 4, 2020 — Alumni Ventures Group
- Seed, Jun 4, 2019, $9M — BoxGroup, Third Kind Venture Capital, Schox Patent Group, 10100, Ozmen Ventures, Class 5

## Investors

- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Third Kind Venture Capital (https://capitalatlas.ai/funds/third-kind-venture-capital) — Seed, Series A
- Schox Patent Group — Seed
- 10100 (https://capitalatlas.ai/funds/10100) — Seed
- Ozmen Ventures (https://capitalatlas.ai/funds/ozmen-ventures) — Seed
- Class 5 (https://capitalatlas.ai/funds/class-5) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Horsley Bridge Partners (https://capitalatlas.ai/funds/horsley-bridge-partners) — Series A
- Cascade Investment — Series A
- Neo — Series A
- Gigafund (https://capitalatlas.ai/funds/gigafund) — Series A
- 8090 Industries (https://capitalatlas.ai/funds/8090-industries) — Series A
- MVP Ventures (https://capitalatlas.ai/funds/mvp-ventures) — Series A
