Lumavaterevenue & funding
IoT PlatformsCarmel, IndianaFounded 2015CEO Mark Hill
Lumavate is an IoT Platforms company based in Carmel, founded in 2015.
- Customers
- 100
Lumavate revenue
Lumavate has not published its revenue. GetLatka estimates it at about $1.9M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $1.4M | – |
| Oct 2023 | $1.1MEST. | GetLatka estimate |
| Oct 2024 | $1.9MEST. | GetLatka estimate |
– source not recorded
Lumavate funding rounds & investors
Lumavate has raised $15.3M across six rounds since 2015. The latest was a $6M funding round in January 2022.
| Date | Round | Raised |
|---|---|---|
| Jan 2022 | Venture | $6M |
| Jun 2019 | Venture | $3M |
| Mar 2018 | Seed | $2.5M |
| Feb 2017 | Seed | $2M |
| Jun 2016 | Seed | $1M |
| Oct 2015 | Debt Financing | $750K |
| Total raised | $15.3M |
Lumavate competitors
Lumavate competes most directly with Out Systems, Bubble, Thunkable, Buildfire and 1 other.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Out Systems | $331.6M | $572.1M | 2,040 | 300K | 2001 |
 Bubble | $74.2M | $106.3M | 432 | 1M | 2012 |
 Thunkable | $10.4M | $3.4M | 41 | – | 2016 |
 Buildfire | $10.2M | – | 27 | 1K | 2012 |
 Glide Apps | $3.7M | $20M | 46 | 100K | 2018 |
| Lumavate | $1.9M | $15.3M | 15 | 100 | 2015 |
Lumavate CEO, founders & employees
Mark Hill founded Lumavate in 2015 and runs it as CEO. Lumavate had 15 employees (October 2024, LinkedIn).
- Mark HillFounder & CEO
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Oct 2024 | 15 | |
| Oct 2023 | 15 | |
| Oct 2022 | 28 | |
| Jan 2022 | 24 | – |
| Dec 2021 | 23 | |
| Apr 2021 | 17 | – |
Lumavate FAQ
What is Lumavate's revenue?
GetLatka estimates Lumavate's revenue at about $1.9M a year (October 2024). The company hasn't published its own figure.
How much funding has Lumavate raised?
Lumavate has raised $15.3M across six funding rounds. The latest was a $6M funding round in January 2022.
How many employees does Lumavate have?
Lumavate had 15 employees in October 2024, according to LinkedIn.
Who is the CEO of Lumavate?
Mark Hill is the CEO of Lumavate and founded the company in 2015.
Who founded Lumavate?
Mark Hill founded Lumavate in 2015.
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How this page is sourced
4 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Lumavate? Join the podcast