Lumen Raises $62M For Its Handheld Weight Loss Hardware

Dec 01, 2022•about 3 years ago

Amount Raised

$62 Million

MonroeTelecommunicationsSecurityInformation Technology

Investors

Almeda Capital And Disruptive VcUnorthodox VenturesRiver Park VenturesResolute VenturesPitango Venture Capital

Description

Losing weight sucks. It’s a deeply invidualized experience that’s bogged down by all sorts of societal expectations and fly-by-night promises. Many have amassed fortunes promising silver bullet solutions, all knowing full well that there isn’t any one-size-fits-all solution.

Company Information

Company

Lumen Technologies

Location

Monroe, Louisiana, United States

About

Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends