Illumy
Building platform that combines email, messaging, group chat, voice, video, and phone into a single seamless cloud-based experience.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
$2.2m | Angel | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Based in San Ramon, California, illumy is a communications software company established in 2018 by founder and CEO Matt McGinnis. McGinnis, along with a leadership team of alumni from RingCentral and Zoom, aims to address the issues of fragmented and outdated communication methods. The company's leadership includes CTO Nathan Stratton, who founded NetRail and Exario Networks (acquired by Broadsoft), VP of Marketing Moriah Scoble, previously of RingCentral and Atlassian, and VP of Product Niel Levonius, who has held key roles at Zoom, RingCentral, and 8x8.
illumy has developed a "hyper-communications" platform that integrates various communication channels into a single, device-agnostic application. This platform combines email, instant messaging, group chat, voice calls, and video calls. A key feature is its backward compatibility, allowing users to communicate with anyone globally, even those not on the illumy platform, through traditional email and PSTN calling. The platform emphasizes user privacy and security, employing end-to-end encryption and committing to not collecting or selling user data. All communications are managed within a unified inbox, accessible on smartphones, tablets, and computers.
The business operates on a freemium model. It offers a free "i1" plan, with premium features available through paid subscriptions, such as the "i2" plan at $3 per month and the "i3" plan at $9 per month, which include an illumy phone number. The company targets the general consumer market, positioning itself against established competitors like WhatsApp, Snapchat, and Messenger. On April 7, 2021, illumy announced it had secured $2.2 million in an angel funding round led by Rajiv Kapoor, founder at Chai Angels LP. This capital was intended to accelerate product development, expand data center infrastructure, and grow the team as it prepared to move from beta to general release.
Keywords: unified communications, hyper-communications, email messenger, integrated communication platform, secure messaging, private communication, all-in-one chat, voice and video calls, device-agnostic, freemium communication app, Matt McGinnis, RingCentral alumni, Zoom alumni, end-to-end encryption, PSTN calling, unified inbox, cloud communications, communication software, consumer communication, ad-free messaging