# Luther Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luther-systems

- Industry: Software
- Headquarters: London, UK
- Website: www.luthersystems.com
- Total disclosed funding: $1.7M
- Latest round: Seed (Feb 19, 2018)
- Investors on record: 1

## About

Luther Systems Limited specializes in automating enterprise operations through its innovative platform designed for Deep Process Automation, enhancing efficiency and reducing operational costs for large corporations.Luther Systems Limited, founded in 2016 in London, UK, focuses on automating enterprise operations. The company raised GBP 1.21 million in a Seed round led by Firstminute Capital on February 19, 2018, bringing the total amount raised to GBP 1.21 million and valuing the company at GBP 7.49 million. The founder, Sam Wood, has prior entrepreneurial experience, contributing to the company's strategic direction under the leadership of CEO Hossein Kakavand.Luther Systems specializes in automating enterprise operations with its platform designed for Deep Process Automation. Their core offering, the TOKO product, enables large corporations to streamline end-to-end processes, reducing operational costs and enhancing efficiency. Utilizing Common Operations Scripts, the platform has been successfully deployed by clients such as DLA Piper for complex digital asset issuance processes, primarily serving enterprises in finance and technology across North America and Europe.Luther Systems generates revenue through partnerships and direct engagements with enterprise clients, leveraging a B2B model. The company operates on a subscription-based pricing structure, allowing clients to access its platform and services for a recurring fee. This model may expand through additional services tailored to specific client needs, positioning the TOKO product as integral to its transaction framework.Following the Seed funding round on February 19, 2018, Luther Systems plans to utilize the GBP 1.21 million raised to support the development of new products and expand its market presence. Specific geographic regions targeted for expansion include North America and Europe, with plans to enhance its offerings in these markets over the next few years, adhering to its strategy of addressing operational efficiency and compliance challenges for its enterprise clients.

## Funding rounds

- Seed, Feb 19, 2018, $1.7M — Firstminute Capital

## Investors

- Firstminute Capital (https://capitalatlas.ai/funds/firstminute-capital) — Seed