# Luna Lights

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luna-lights

- Industry: Software
- Headquarters: Chicago, US
- Website: www.lunalights.org
- Total disclosed funding: $0.8M
- Latest round: Seed (Jun 30, 2017)
- Investors on record: 9

## About

Luna Lights, Inc. develops innovative automated lighting systems aimed at enhancing safety for older adults. Their technology is particularly beneficial in assisted living settings, providing essential illumination and monitoring to prevent accidents.Luna Lights, Inc., founded in 2014 and headquartered in Chicago, US, specializes in automated lighting solutions for elder care. The company operates independently and has secured a total of USD 150,000 through 4 funding deals, the latest being a Seed round in June 2017 led by Jumpstart Health Investors.Luna Lights specializes in an automated lighting and monitoring system designed to enhance the safety and well-being of older adults, particularly in assisted living environments. The core product, an ultra-thin bed sensor and lighting solution, functions by automatically illuminating pathways when a resident gets out of bed, thereby reducing the risk of falls, especially during nighttime when visibility is low. This technology is complemented by cloud-based analytics that tracks nighttime movements and alerts caregivers if lights remain on for an unusual duration, indicating potential issues such as nocturnal wandering or sleep disturbances. Luna Lights primarily serves assisted living facilities, memory care units, and the families of residents, promoting a safer and more independent living experience for seniors. The product is marketed across multiple geographical regions in the United States, targeting both urban and suburban assisted living communities.Luna Lights generates revenue through direct sales of its lighting systems and associated analytics services to assisted living facilities and care providers. The business model is primarily B2B, focusing on long-term partnerships with elder care institutions that seek to improve resident safety and care quality. Transactions typically involve a one-time purchase of the lighting system, followed by potential subscription fees for ongoing analytics and support services. Specific pricing structures for products and services are tailored to the needs of each facility, depending on factors such as the number of units deployed and the level of analytics support required. The company emphasizes the importance of delivering actionable insights to caregivers, which enhances the value proposition and encourages ongoing collaboration with its clients.Moving forward, Luna Lights plans to enhance its product line by introducing new features and expanding its current offerings. The company is also targeting new markets, focusing on additional regions within the United States and potentially exploring international opportunities. The recent Seed funding of USD 150,000 raised on June 30, 2017, will be utilized to support these initiatives, aiding in product development and market expansion efforts.

## Funding rounds

- Seed, Jun 30, 2017, $0.1M — Jumpstart Health Investors
- Seed, Feb 15, 2017, $0.4M — WeWork Companies Inc., Healthbox, Jumpstart Health Investors
- Seed, Jun 28, 2016, $0.2M — Impact Engine, M25, Fulcrum Investing, Breakpoint Capital, Chicago ArchAngels II, LLC, Invoyent Ventures
- Seed, Sep 4, 2014, $0.1M — Healthbox

## Investors

- Healthbox (https://capitalatlas.ai/funds/healthbox) — Seed
- Impact Engine (https://capitalatlas.ai/funds/impact-engine) — Seed
- M25 (https://capitalatlas.ai/funds/m25) — Seed
- Fulcrum Investing — Seed
- Breakpoint Capital (https://capitalatlas.ai/funds/breakpoint-capital) — Seed
- Chicago ArchAngels II, LLC — Seed
- Invoyent Ventures — Seed
- WeWork Companies Inc. — Seed
- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Seed