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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
Ranked
9th among
Annual Revenue
as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Bridgepoint Capital (May 28, 2024)
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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
Apr 12, 2019
$24M
Series B
8593652
5173516
Oct 10, 2017
$8M
Series A
3270544
7012548
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LumApps's founders and board of directors

The founders of LumApps are , , and .
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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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
о Score
1st
Logo for RingCentral
RingCentral
1999, Belmont (United States), Public
Cloud based platform offering unified communication solutions
$44M
82/100
2nd
Logo for Agora
Agora
2014, Guangzhou (China), Public
Cloud based customer engagement platform
$55M
78/100
3rd
Logo for Dialpad
Dialpad
2011, San Ramon (United States), Series F
Cloud-based platform offering unified communication solutions
$476M
77/100
4th
Logo for Webex
Webex
1995, San Jose (United States), Acquired
Provider of solutions for virtual meetings and training sessions
$25M
76/100
5th
Logo for Weave
Weave
2008, Provo (United States), Public
Omnichannel customer engagement software for businesses
$156M
73/100
6th
Logo for Skype
Skype
2002, Luxembourg, Acquired
VoIP Software application
$26.8M
72/100
7th
Logo for Bandwidth
Bandwidth
1999, Raleigh (United States), Public
Cloud-based enterprise collaboration platform for VoIP communication management
$21.9M
72/100
8th
Logo for Vonage
Vonage
2001, Holmdel (United States), Acquired
Provider of contact center business communication solutions
$645M
, IVP&;
72/100
9th
Logo for LumApps
2012, Tassin la Demi Lune (France), Acquired
Cloud based employee communication platform provider
$102M
71/100
10th
Logo for Mitel
Mitel
1973, Ottawa (Canada), Acquired
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
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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.
PR NewswireAug 22, 2024LumApps, Google Cloud
Life Insurance InternationalAug 16, 2024Prudential, Google Cloud, LumApps, Prudential
Directors ClubJun 18, 2024Bridgepoint Capital, LumApps
Tech.euMay 29, 2024LumApps, Bridgepoint Capital, Eurazeo
FrenchWebMay 28, 2024LumApps, Bpifrance, IRIS, Goldman Sachs and 1 other
YahooMay 28, 2024LumApps, Bridgepoint Capital, Goldman Sachs
FrenchWebDec 04, 2023LumApps, Teach on Mars
TecHR SeriesApr 17, 2023LumApps
AiThorityJan 31, 2023LumApps
publicnewstime.comDec 21, 2022LumApps,
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