# Lunar A/S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lunar-a-s

- Industry: Financial Services
- Headquarters: Aarhus, Denmark
- Website: www.lunar.app
- Total disclosed funding: $376M
- Latest round: Series D (Mar 10, 2022)
- Investors on record: 11

## About

Based in Aarhus, Denmark, and founded in 2015 by Ken Villum Klausen, Lunar A/S offers a mobile banking application that allows users to manage their banking transactions online. In April 2024, Lunar A/S raised EUR 24 million in venture funding from unspecified investors. In January 2026, Lunar A/S raised EUR 46 million in venture funding co-led by Heartland Ventures and Orbit, with participation from 100A. The company will use the funding to grow its business-customer base across Denmark, Sweden, and Norway and to launch new lending products such as credit cards and overdrafts.

Lunar A/S develops banking applications for clients in the insurance, investment, and financial sectors. The company provides bank accounts and Visa cards, including Premium, Pro, and Project Blue. Its services include Lunar Investment, payment postponement or splitting, travel insurance, and Lunar x Astralis. The company’s financial features include Account for user profiles, Transaction for viewing receipts and transfers, Notifications for transaction alerts, Before Use as a budget tracking tool, and Map to manage and freeze cards in one place.


The company generates revenue through subscriptions to its product packages, which include pro (DKK 119 per month), and premium (DKK 69 per month).

## Funding rounds

- Series D, Mar 10, 2022, $76M — Kinnevik, Tencent Investment, Heartland, Fuel Ventures, IDC Ventures, MW&L Capital Partners
- Series D, Jul 12, 2021, $249M — Kinnevik, Tencent Investment, Heartland, Fuel Ventures, IDC Ventures, MW&L Capital Partners
- Series B, Apr 3, 2020, $22M — SEED Capital, Chr. Augustinus Fabrikker, Greyhound Capital, Socii Capital
- Series B, Aug 21, 2019, $29M — SEED Capital, C.W. Obel, Chr. Augustinus Fabrikker, Socii Capital
- Seed, Aug 13, 2015 — SEED Capital

## Investors

- SEED Capital (https://capitalatlas.ai/funds/seed-capital) — Seed, Series B
- C.W. Obel — Series B
- Chr. Augustinus Fabrikker — Series B
- Socii Capital (https://capitalatlas.ai/funds/socii-capital) — Series B
- Greyhound Capital (https://capitalatlas.ai/funds/greyhound-capital) — Series B
- Kinnevik (https://capitalatlas.ai/funds/kinnevik) — Series D
- Tencent Investment — Series D
- Heartland — Series D
- Fuel Ventures (https://capitalatlas.ai/funds/fuel-ventures) — Series D
- IDC Ventures — Series D
- MW&L Capital Partners (https://capitalatlas.ai/funds/mw-l-capital-partners) — Series D
