Acquiring Company
Newforma
Acquired Company
Lumi AI
Boston
TorontoSoftwareinformation technology & servicesSoftwareArtificial IntelligenceAnalyticsMachine LearningNatural Language ProcessingBig DataPredictive AnalyticsDescription
Newforma has acquired Lumi AI, a Toronto company whose analytics engine turns plain-language questions into explainable, verifiable answers. The engine will initially be integrated into Newforma platforms, drawing on more than 20 years of AECO project data. The deal is intended to extend Newforma's single view across the project data sources firms already use.
Who to call at Newforma, and when
When Newforma changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Newforma raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Newforma, from your own LinkedIn network
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Fundz sees it the moment Newforma makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Lumi AI?
Lumi AI was acquired by Newforma, based in Boston. The deal was reported on October 21, 2026. Newforma provides Information Management and collaboration software for the Architecture, Engineering, Construction, and Owner/Operator (AECO) industry. Newforma is privately held and operates in Software.
When did Newforma acquire Lumi AI?
Newforma's acquisition of Lumi AI was reported on October 21, 2026. Newforma has acquired Lumi AI, a Toronto company whose analytics engine turns plain-language questions into explainable, verifiable answers. The engine will initially be integrated into Newforma platforms, drawing on more than 20 years of AECO project data. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lumi AI do?
Lumi AI is a data analytics startup focused on providing insights through the use of artificial intelligence. The company aims to transform data into actionable intelligence for businesses. It is privately held, operating in Software, and is based in Toronto.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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