Latest round

Seed

Last raised

Jan 2019

Total raised

$1.3M

Investors

3

About LumiQ

Founded in 2016 in Toronto, Canada, LumiQ Inc. specializes in delivering professional development through audio content. The company was co-founded by Adam Bercovici and Michael Kravshik, with Michael currently serving as CEO. In September 2024, LumiQ was acquired by Vertu Capital, which will support its growth strategies.LumiQ specializes in providing innovative continuing professional development (CPD) solutions primarily through engaging podcast content tailored for Certified Public Accountants (CPAs) in Canada. Their core offering includes a variety of educational podcasts that deliver insightful content through multiple formats such as narrative storytelling, casual conversations with industry experts, instructor-led sessions, and video tutorials. This diverse format caters to a broad audience within the accounting sector, including individual CPAs and teams within top North American accounting firms.LumiQ generates revenue primarily through subscription-based models that cater to both individual CPAs and corporate teams. Clients typically subscribe to access a library of CPD episodes that qualify for verifiable professional development hours. The pricing structure accommodates various customer needs, offering plans for individuals or larger teams, thereby enhancing accessibility to their educational resources. Transactions occur directly between LumiQ and its clients, with payments made for subscription services that provide ongoing access to their podcast content.Following its acquisition by Vertu Capital in September 2024, LumiQ Inc. aims to enhance its domestic and international growth. The company is planning to expand its product offerings and enter new markets, including further penetration across Canada and potential expansion into the United States by mid-2025. The recent investment will support the development of new educational content and improved marketing strategies to reach a broader audience.

Who invested in LumiQ

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Jan 22, 2019

    Amount

    $0.8M

    Investors

    Locked

  2. Seed

    Sep 26, 2017

    Amount

    $0.4M

    Investors

    Locked

Questions about LumiQ

Who invested in LumiQ?

LumiQ has 3 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 LumiQ raised?

LumiQ has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did LumiQ last raise money?

LumiQ's most recent round on record is a Seed, in Jan 2019.

What does LumiQ do?

Founded in 2016 in Toronto, Canada, LumiQ Inc.

Where is LumiQ headquartered?

LumiQ is headquartered in Toronto, Canada.

Which VCs invest in companies like LumiQ?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at LumiQ's stage. Their profiles are linked below.

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