Fundz

Lunr Secures $100 Million From I80 Group To Fuel Inventory Financing For Emerging Brands

PRIVATESep 26, 2023

Amount Raised

$100 Million

Round Type

Funding Round

MinneapolisFinancial ServicesFinanceLending

Description

Lunr, a leading provider of non-dilutive inventory financing for consumer brands expanding into omnichannel retail, announced today it has secured a $100 million credit facility from i80 Group, a global investment firm specializing in providing capital to support the innovation economy. This facility will allow Lunr to expand its portfolio of emerging retail brands and enhance its suite of flexible inventory financing solutions.

Quick answer

Lunr raised $100 Million in a Funding Round round, dated September 26, 2023. Lunr is based in Minneapolis, Minnesota, United States.

How much did Lunr raise?
Lunr raised $100 Million in a Funding Round round on September 26, 2023.
What does Lunr do?
The modern trade finance platform for the next generation of consumer brands
Where is Lunr based and how big is it?
Lunr is based in Minneapolis, Minnesota, United States.
Who are the decision-makers at Lunr?
Fundz holds 1 contact at Lunr. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

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

  • LXA raised $10M (Seed) on November 9, 2023.
  • Pimlico raised $4.4M (Seed) on November 8, 2023.
  • QI Tech raised $200M (Funding Round) on October 31, 2023.
  • Untangled Finance raised $14M (Funding Round) on October 11, 2023.
  • ZSuite Technologies, Inc. raised $3.2M (Series A) on October 11, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.

Who to call at Lunr, and when

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

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

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Company Information

Company

Lunr

Location

Minneapolis, Minnesota, United States

About

The modern trade finance platform for the next generation of consumer brands

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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.