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Lumos secures $35M in Series B funding led by Scale Venture Partners to unify the SaaS and Identity Management Industries.

PRIVATEMay 23, 2024

Amount Raised

$35 Million

Round Type

Series B

High PointSoftwareMobileApps

Investors

NeoHarpoon VenturesAndreessen HorowitzScale Venture Partners

Description

Lumos, a software company centralizing the management of apps and identities for IT and security teams, announced its $35M Series B financing led by Scale Venture Partners with participation from Andreessen Horowitz, Harpoon Ventures, Neo and others. Lumos revenue has grown 9x since its last fundraise, and has won over top enterprise customers like Pinterest, MongoDB, and GitHub.

Quick answer

Lumos raised $35 Million in a Series B round, dated May 23, 2024. Investors: Neo, Harpoon Ventures, Andreessen Horowitz and Scale Venture Partners. Lumos is based in High Point, North Carolina, United States.

How much did Lumos raise?
Lumos raised $35 Million in a Series B round on May 23, 2024.
Who invested in Lumos?
Neo, Harpoon Ventures, Andreessen Horowitz and Scale Venture Partners are named as investors in this round.
What does Lumos do?
Lumos delivers 100% Fiber Optic Internet and Whole-Home Wi-Fi to a growing network of homes, businesses and multi-family buildings throughout the Midwest and Eastern US.
Where is Lumos based and how big is it?
Lumos is based in High Point, North Carolina, United States. Fundz records about 1,800 employees.
Who are the decision-makers at Lumos?
Fundz holds 1 contact at Lumos. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mobile and Apps around the same time

Companies in the same sectors as Lumos that raised within 45 days of this round, from Fundz verified event records.

  • Saguaro Biosciences raised $3M (Seed) on June 4, 2024.
  • Storyblok raised $80M (Series C) on June 4, 2024.
  • Blossom Social raised $1.5M (Seed) on May 21, 2024.
  • Tappa raised $4.9M (Seed) on May 17, 2024.
  • Sezzle raised $150M (Funding Round) on May 17, 2024.
  • VaultN raised $1.6M (Seed) on May 14, 2024.

Who to call at Lumos, and when

A new round usually means Lumos is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lumos raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lumos, from your own LinkedIn network

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Company Information

Company

Lumos

Location

High Point, North Carolina, United States

About

Lumos delivers 100% Fiber Optic Internet and Whole-Home Wi-Fi to a growing network of homes, businesses and multi-family buildings throughout the Midwest and Eastern US. Lumos, part of T-Mobile Fiber Home Internet, is accelerating its mission to build a local, transformational, 100% Fiber Optic network and to bring even more value to customers through T-Mobile benefits. Lumos believes the possibilities of tomorrow cannot be built on the infrastructure of yesterday, so we’re building an Internet equipped for the most hopeful of all things – the future. Because whatever the future holds, we make it faster.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Lumos raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Lumos raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.