LumApps - About the company
LumApps is an acquired company based in Tassin la Demi Lune (France), founded in 2012 by , , and . It operates as a Cloud based employee communication platform provider. LumApps has raised $102M in funding from Idinvest Partners and Goldman Sachs, with last known valuation of $650M. The company has 1459 active competitors, including 187 funded and 159 that have exited. Its top competitors include companies like RingCentral, Agora and Dialpad.
Company Details
Cloud based employee communication platform provider. It enables users to customize user profiles to get news and relevant information, content management, corporate user dictionary, employee management, internal communications, corporate portal, team management, and team discussions. It also allows users to view fellow co workers and the posts, enables users to search for people, teams, locations, contact details, and social activities.
- Website
- Social
Key Metrics
Founded Year
2012
Location
Tassin la Demi Lune, France
Stage
Acquired
Total Funding
in 3 rounds
Latest Funding Round
Last Known Valuation
as on Jul 09, 2024
Investors
Ranked
9th among
Annual Revenue
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Bridgepoint Capital (May 28, 2024)
Legal entities associated with LumApps
LumApps is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 788 743 474 France, Active | Oct 15, 2012 | $34.9M (as on Dec 31, 2022) | - | - |
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LumApps's acquisition details
LumApps got acquired by Bridgepoint Capital on May 28, 2024. It was facilitated by Deutsche Bank, Bain & Company, Latham & Watkins and .
Click to take a look at LumApps's acquisition in detail
LumApps's funding and investors
LumApps has raised a total funding of $102M over 3 rounds. Its first funding round was on Oct 10, 2017. Its latest funding round was a Series C round on Dec 31, 2019 for $70M. 5 investors participated in its latest round, lead by Goldman Sachs.
LumApps has 7 institutional investors including Idinvest Partners, Goldman Sachs and Eurazeo.
Here is the list of recent funding rounds of LumApps:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Dec 31, 2019 | $70M | Series C | 5637075 | 1678564 | Goldman Sachs, Bpifrance, and |
Apr 12, 2019 | $24M | Series B | 8593652 | 5173516 | |
Oct 10, 2017 | $8M | Series A | 3270544 | 7012548 |
View details of LumApps's funding rounds and investors
LumApps's founders and board of directors
The founders of LumApps are , , and .
View details of LumApps's Founder profiles and Board Members
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LumApps's Competitors and alternates
Top competitors of LumApps include RingCentral, Agora and Dialpad. Here is the list of Top 10 competitors of LumApps, ranked by о score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | о Score |
---|---|---|---|---|---|
1st | RingCentral 1999, Belmont (United States), Public | Cloud based platform offering unified communication solutions | $44M | 82/100 | |
2nd | Cloud based customer engagement platform | $55M | 78/100 | ||
3rd | ![]() Dialpad 2011, San Ramon (United States), Series F | Cloud-based platform offering unified communication solutions | $476M | 77/100 | |
4th | Webex 1995, San Jose (United States), Acquired | Provider of solutions for virtual meetings and training sessions | $25M | 76/100 | |
5th | ![]() Weave 2008, Provo (United States), Public | Omnichannel customer engagement software for businesses | $156M | 73/100 | |
6th | Skype 2002, Luxembourg, Acquired | VoIP Software application | $26.8M | 72/100 | |
7th | Bandwidth 1999, Raleigh (United States), Public | Cloud-based enterprise collaboration platform for VoIP communication management | $21.9M | 72/100 | |
8th | ![]() Vonage 2001, Holmdel (United States), Acquired | Provider of contact center business communication solutions | $645M | , IVP&; | 72/100 |
9th | 2012, Tassin la Demi Lune (France), Acquired | Cloud based employee communication platform provider | $102M | 71/100 | |
10th | Cloud based platform for unified communication management | $1.01M | 71/100 |
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LumApps's Investments and acquisitions
LumApps has acquired 3 companies including Teach on Mars, Vizir and Hey Axel. LumApps has not made any investments as of now. Here is the list of its $acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
---|---|---|---|---|
Dec 04, 2023 | Acquisition | 2012 | Nice, France | |
Dec 08, 2022 | Acquisition | 2015 | Paris, France | |
Feb 03, 2022 | Acquisition | 2018 | Paris, France |
See all acquisitions by LumApps
Reports related to LumApps
Here is the latest report on LumApps's sector:
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News related to LumApps
Media has covered LumApps for a total of 3 events in the last 1 year, 2 of them have been about partnerships.
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TecHR Series•Apr 17, 2023•LumApps
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AiThority•Jan 31, 2023•LumApps
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publicnewstime.com•Dec 21, 2022•LumApps,
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