# Smart Lumies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smart-lumies

- Industry: Consumer Products
- Headquarters: Zagreb, Croatia
- Website: www.smartlumies.com
- Latest round: Seed (Aug 7, 2017)
- Investors on record: 1

## About

Smart Lumies, Inc. specializes in providing an ecommerce platform that empowers businesses to easily create and manage online stores, optimizing sales processes and enhancing digital presence across multiple markets.Founded in 2016 and headquartered in Zagreb, Croatia, Smart Lumies, Inc. focuses on developing ecommerce solutions for businesses. The company was co-founded by Filip Popov and Martina Grgic, with Filip Popov currently serving as CEO. Smart Lumies, Inc. has engaged in one funding deal, raising seed funding from SOSV in August 2017.Smart Lumies, Inc. offers a comprehensive ecommerce platform that allows businesses to create and manage online stores seamlessly. This software solution supports diverse clientele, including small and medium-sized enterprises across various industries such as retail and consumer goods. Users can customize storefronts, manage inventory, process payments, and analyze sales performance to overcome challenges associated with online selling. The service is available in multiple geographical markets, including North America, Europe, Asia-Pacific, and parts of South America.The revenue model of Smart Lumies, Inc. is primarily subscription-based, where clients pay a recurring fee to access the ecommerce platform. Businesses can select from various pricing tiers, such as basic, professional, and advanced plans, each equipped with different features like payment processing and reporting tools. This model allows for direct-to-consumer sales, enhancing engagement with end-users, while partnerships with retailers and wholesalers broaden market reach and accessibility.Smart Lumies, Inc. plans to enhance its platform with the introduction of new features and services aimed at improving user experience and functionality. The company is also targeting expansion into new geographic regions beyond its current markets, aiming to establish a presence in regions like Asia-Pacific and South America by 2025. The funding received in August 2017 from SOSV will be allocated towards these growth initiatives, supporting product development and market expansion efforts.

## Funding rounds

- Seed, Aug 7, 2017 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed