# Lumos Helmet US

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lumos-helmet-us

- Industry: Consumer Products
- Headquarters: Boston, US
- Website: www.lumoshelmet.co
- Total disclosed funding: $3.9M
- Latest round: Series A (Sep 13, 2019)
- Investors on record: 8

## About

Lumos Helmet US designs innovative cycling safety gear, focusing on smart helmets and bike lights that enhance visibility and communication for cyclists, aiming to reduce accidents on the road.Founded in 2015, Lumos Helmet US is based in Boston, US, and specializes in smart cycling safety equipment. The company has secured funding, raising USD 2.31 mn in Series A from investors including SEEDS Capital and Techstars, valuing it at USD 12.37 mn. The CEO and founder, Eu-wen Ding, has played a pivotal role in the company’s vision and strategy.Lumos specializes in innovative cycling safety equipment, primarily focusing on smart bike helmets and bike lights that enhance visibility and communication for cyclists. Their flagship products include the NYXEL and ULTRA helmets, integrating powerful LED lights to signal turns and ensure cyclists are visible to drivers, thereby reducing accident risks. The helmets feature advanced technology that synchronizes lighting with accompanying smart bike lights such as the LUMOS FIREFLY series, providing modular and versatile lighting solutions. These products cater to urban commuters and high-speed e-bike riders, marketed across North America, the European Union, and Australia, targeting individual consumers and cycling enthusiasts seeking enhanced safety.Lumos generates revenue through direct-to-consumer sales of its smart helmets and bike lights, along with accessories that complement their core products. Flagship offerings like the ULTRA E-BIKE helmet are priced at USD 199.95, while smart bike lights such as the LUMOS FIREFLY retail at USD 49.95. Customers can purchase these products from the company's online store or through select retail partners, with revenue driven by individual purchases and promotional campaigns, such as seasonal sales events.In September 2019, Lumos Helmet US raised USD 2.31 mn in Series A funding, which will be utilized to develop new products and expand into new markets. The company is currently designing additional cycling safety products slated for release in the coming years, aiming to enhance their existing product line. Additionally, Lumos plans to target expansion into new geographical regions, specifically focusing on increasing its presence in Asia by 2023, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series A, Sep 13, 2019, $2.3M — Techstars, IncuVest, SEEDS Capital, Qianhai Kekong Lingdingyang Venture Capital, Great Noble International
- Series A, Mar 23, 2018, $1.6M — Buxani Group, SOSV, Brizan Investments, Qianhai Kekong Lingdingyang Venture Capital

## Investors

- Buxani Group — Series A
- SOSV (https://capitalatlas.ai/funds/sosv) — Series A
- Brizan Investments — Series A
- Qianhai Kekong Lingdingyang Venture Capital (https://capitalatlas.ai/funds/qianhai-kekong-lingdingyang-venture-capital) — Series A
- Techstars (https://capitalatlas.ai/funds/techstars) — Series A
- IncuVest (https://capitalatlas.ai/funds/incuvest) — Series A
- SEEDS Capital (https://capitalatlas.ai/funds/seeds-capital) — Series A
- Great Noble International — Series A