Lumina Raises $5M in Funding

luminaLumina, a Tampa, Fla.-based predictive analytics company, raised an additional $5m in funding.

Backers included investment funds and individual investors.

The company, which raised an earlier capital raise of approximately $8.5m in August 2017, intends to use the funds to accelerate growth through further investment in sales and marketing with focus on key industry verticals including education, government, finance and transportation industries, to expand office space at its Tampa headquarters and grow its team both there and in its Washington, DC office.

Led by Allan Martin, CEO and Co-Founder, Lumina is a predictive analytics company with optimized artificial intelligence capabilities to keep people and places safe and secure through active and early detection of high-risk behavior. Lumina’s Radiance platform uses proprietary, deep web listening algorithms to uncover risk, provide timely, actionable information, and help prevent catastrophic loss.
As part of its education outreach efforts, the company plans to announce a major school initiative in the coming weeks.

FinSMEs

10/07/2019

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