# Lumora

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

- Industry: Biotechnology
- Headquarters: Ely, UK
- Website: www.lumora.co.uk
- Total disclosed funding: $2.5M
- Latest round: Series B (Apr 18, 2011)
- Investors on record: 2

## About

Lumora Ltd. specializes in developing innovative online platforms and mobile applications for casual dating, enabling users to connect and explore spontaneous relationships.Lumora Ltd. operates in the casual dating and hookup sector, providing a suite of services focused on user engagement through advanced matchmaking technologies. The company is headquartered in Ely, UK. Laurence Tisi serves as the CEO. The company has successfully completed four distinct deals, with its most recent deal occurring on September 15, 2015, when ERBA Mannheim agreed to acquire Lumora Ltd. for undisclosed financial terms. The latest funding round raised GBP 0.680 mn, bringing the total amount raised to GBP 0.680 mn, with a current company valuation of GBP 7.643 mn.Lumora Ltd. primarily operates in the casual dating and hookup sector, offering a range of online platforms and mobile applications designed for users seeking spontaneous connections and casual relationships. Their core offerings include various dating apps that utilize advanced algorithms and location-based services to facilitate matches. These platforms allow users to create detailed profiles that enhance their chances of finding suitable partners. The products are accessible mainly in North America, Europe, and select markets in Asia, catering to various preferences, including adult hookups and niche markets like cougar dating.In the most recent year of 2022, Lumora Ltd. generated revenue of GBP 3,712,316.90 and achieved an EBITDA of GBP 1,582,405. Revenue is primarily generated through user subscriptions and in-app purchases, fostering ongoing engagement through monthly and annual subscription plans that unlock enhanced features and services. Additional revenue streams include partnerships with adult content providers and promotional collaborations targeting similar demographics, with a focus on personalized matchmaking algorithms and user-friendly interfaces.Looking ahead, Lumora Ltd. aims to expand its product offerings by launching new dating apps designed for specific demographics. The company is also planning to enter additional markets in Europe and Asia by the end of 2025. The recent funding raised will support these initiatives, focused on developing the next phase of growth as part of the acquisition by ERBA Mannheim.

## Funding rounds

- Series B, Apr 18, 2011, $2.5M — Catapult Ventures Group, Tate & Lyle Ventures

## Investors

- Catapult Ventures Group (https://capitalatlas.ai/funds/catapult-ventures-group) — Series B
- Tate & Lyle Ventures (https://capitalatlas.ai/funds/tate-lyle-ventures) — Series B