Luminovo
Latest round
- Seed
Last raised
- Aug 2022
Total raised
- $13M
Investors
- 6
About Luminovo
Founded in 2017 in Germany, Luminovo GmbH provides an innovative software platform for supply chain management in the electronics sector.Luminovo offers a comprehensive software platform designed specifically for supply chain management in the electronics industry. The platform integrates functionalities that streamline procurement, engineering, and manufacturing processes, serving as a central hub for real-time data sharing and collaboration. Key features include an AI-driven bill of materials (BOM) management tool, a configure-price-quote (CPQ) solution, and advanced sourcing capabilities, aimed at reducing quoting times and improving accuracy.Luminovo's revenue model is based on subscription pricing for its software services, targeting B2B clients in the electronics sector. Clients typically engage in annual contracts that grant access to the full suite of platform tools and integrations. This structure allows companies to automate their BOM processing and leverage instant quoting capabilities, enhancing operational efficiency. Ongoing support and updates are included, ensuring users benefit continually from new features. The company plans to release new features on its platform to enhance user capabilities and improve automation in supply chain processes. Additionally, Luminovo aims to expand its reach into new geographic markets, targeting growth in areas like North America and Asia-Pacific within the next two years, as part of its strategy to address the evolving needs of the electronics industry.
Who invested in Luminovo
6 investors across 2 rounds
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Questions about Luminovo
Who invested in Luminovo?
Luminovo has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Luminovo raised?
Luminovo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Luminovo last raise money?
Luminovo's most recent round on record is a Seed, in Aug 2022.
What does Luminovo do?
Founded in 2017 in Germany, Luminovo GmbH provides an innovative software platform for supply chain management in the electronics sector.
Where is Luminovo headquartered?
Luminovo is headquartered in Germany.
Which VCs invest in companies like Luminovo?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Luminovo's stage. Their profiles are linked below.
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