Lumanu, an Oakland, CA-based company that provides creators with tools for invoicing, payments, and collaboration, raised $12m in Series A funding.
The round was led by Origin Ventures with participation from Alumni Venture Group, Gaingles and 500 Startups. Scott Stern, Origin Ventures Partner, will join Lumanu’s board of directors.
The company intends to use the funds to continue to expand its business reach.
In the past nine months alone, Lumanu has seen significant growth in its network, as additional creators recognize the value of their content and embrace entrepreneurship. As creators elevate their businesses, they emphasize collaboration with clients, employees and vendors. Lumanu offers the flexibility required for creators to scale their businesses through stress-free solutions that set them up for success. By empowering creators, Lumanu hopes to drive a creative revolution that not only transforms the way the industry operates, but puts creators in the driver’s seat.
Led by co-founder and CEO Tony Tran, Lumanu provides creators with tools to manage operations, including for invoicing, payments, and collaborations, streamlining inconvenient tasks. The Series A follows the company’s introduction of EarlyPay, a solution that lets creators get paid instantly, 24/7. EarlyPay enables creators to send invoices and instantly receive payments for brand collaborations. The platform also enables users to share and protect their IP and brand.
FinSMEs
28/07/2021