Lumoback
Latest round
- Series B
Last raised
- Sep 2015
Total raised
- $16M
Investors
- 5
About Lumoback
Lumoback, also known as Lumo Bodytech, develops products focused on improving posture and wellness.Lumo Back offers health and wellness solutions, primarily through its core product, the Lumo Back device. This device is engineered to enhance posture and mitigate discomfort from extended sitting, utilizing motion sensors to monitor user posture and provide vibrations for real-time feedback. The company targets various customers, including those in sedentary jobs, fitness enthusiasts, and the health-conscious.Lumo Back's revenue generation strategy is centered around direct-to-consumer sales, focusing on online transactions for convenience. Customers can purchase the Lumo Back device outright or through a subscription model that may include ongoing software updates and enhancements. The company plans to develop new products aimed at enhancing its current offerings. Additionally, there are intentions to penetrate new geographical markets, particularly targeting Europe and Asia for expansion by 2026. These initiatives are designed to leverage the increased market demand for wellness technology solutions.
Who invested in Lumoback
5 investors across 3 rounds
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Questions about Lumoback
Who invested in Lumoback?
Lumoback has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lumoback raised?
Lumoback has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Lumoback last raise money?
Lumoback's most recent round on record is a Series B, in Sep 2015.
What does Lumoback do?
Lumoback, also known as Lumo Bodytech, develops products focused on improving posture and wellness.
Where is Lumoback headquartered?
Lumoback is headquartered in Palo Alto, US.
Which VCs invest in companies like Lumoback?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Lumoback's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series B
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