
Lumi
Engaging apps for meetings, events and market research.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
€1.0m | Early VC | ||
Total Funding | 000k |
USD | 2018 | 2019 | 2020 | 2021 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 12 % | 2 % | 70 % | - |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Lumi Global provides a digital platform designed for facilitating in-room, hybrid, and virtual Annual General Meetings (AGMs), investor relations meetings, and legislative or member-based organization meetings. The company operates on a global scale, serving a diverse clientele that includes corporations, associations, and financial institutions. Its business model combines product and service offerings, generating revenue through the sale and subscription of its technology platforms and providing event management solutions. The company is headquartered in Hampshire, UK, with offices in 11 countries across Europe, the Middle East, Africa, the Americas, and the Asia-Pacific region.
The company's history traces back to 1991 with the founding of IML (Interactive Meetings Limited) by Michael Knowles in the UK. IML pioneered interactive meeting technology, initially using digital keypads for electronic voting. Over the years, the company expanded its product offerings and international presence. A significant milestone occurred in 2015 when Lumi delivered the world's first hybrid shareholder meeting for FloraHolland. The current iteration, Lumi Global, was formed in 2014 after a series of acquisitions and mergers, including the acquisition of IML by Lumi Mobile in 2013. In 2017, Vespa Capital backed a management buyout of the Lumi AGM business. Richard Taylor has been the CEO since 2012, guiding the company's growth from a UK-focused entity to a global provider of meeting technology. His background includes an MBA from INSEAD and previous leadership roles in technology and media businesses.
Lumi's core offering is a platform that digitizes the entire lifecycle of an AGM. Key features include secure delegate registration and authentication, real-time secure voting and polling, and managed Q&A sessions. The platform is customizable with client branding to build trust and can be used for in-person, virtual, or hybrid events, combining in-room and remote participants in a low-latency environment. It provides detailed, real-time reporting for compliance and auditing purposes. The technology, based on proprietary and patented systems, is designed to handle the complexities and compliance regulations of different regions. Recent developments include the acquisition of Assembly Voting to enhance its end-to-end verifiable, cloud-based election and asynchronous voting capabilities.
Keywords: AGM technology, shareholder meetings, virtual meetings, hybrid events, investor relations, audience engagement, meeting platform, secure voting, corporate governance, event technology, legislative meetings, member meetings, Q&A management, delegate authentication, real-time polling, compliance reporting, event management solutions, digital elections, synchronous voting, asynchronous voting