Lumenco
About this raise
Lumenco, with a valuation of $40 million, is raising funds on Silicon Prairie Online. The company is launching various patented technologies in different industries commercially. The flagship technology of Lumenco is its patented micro lens anti-counterfeiting technology being launched in currencies throughout the world. Lumenco works only in the protected IP space and has partnered with some of the largest banknote companies in the world. Mark Raymond founded Lumenco in April 2013. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $250,000. The campaign proceeds will be used for IP protection, marketing, and commercializing EMI shielding.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2013
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $1,955,789
- Monthly Burn
- $12,496
-
Runway
- 24+ months
- Gross Margin
- 91%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,000,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
08/31/2022 | Silicon Prairie Online | $40,000,000 | $0 | Equity - Preferred | Not Funded | RegCF |