Lumavate, a Carmel, Indiana-based Software-as-a-Service (SaaS) company, has recently concluded a successful funding round, raising a substantial $6 million. This investment will further empower Lumavate in its mission to revolutionize mobile app development for enterprises, eliminating the need for developers.
The funding round was co-led by Gutbrain Ventures and PBJ Capital, with significant participation from notable venture capital firms such as Allos Ventures, BioCrossroads, Collina Ventures, and 4G Ventures. The impressive lineup of investors reflects the industry’s recognition of Lumavate’s potential and the confidence in its innovative platform.
One significant development stemming from this funding is the strategic shift in Lumavate’s leadership. Bill Godfrey, a seasoned industry veteran, will assume the role of Chairman of the Board, leveraging his extensive experience to guide the company’s strategic direction. Joining Godfrey are distinguished individuals Christopher Clapp, Bob Davoli, Mark Hill, and Jeff Middlesworth, each bringing their unique expertise and insights to the table.
The infusion of funds will enable Lumavate to expand its go-to-market team, ensuring widespread adoption of its platform and further driving growth. Additionally, Lumavate is committed to continuous platform innovation, empowering businesses to design, build, and deploy mobile apps effortlessly. This dedication to innovation will enable enterprise companies to leverage Lumavate’s platform for creating engaging digital experiences, amplifying product brands, and driving increased return on investment (ROI).
Under the leadership of CEO Stephanie Cox, Lumavate offers a comprehensive platform consisting of the Command Center, Studio, and Lumavate Library of integrations, design elements, and Starter Kits. This powerful combination empowers enterprise companies to build, test, and deliver mobile apps seamlessly. By leveraging Lumavate’s platform, businesses can maximize their marketing campaigns, personalize communications, and ultimately create apps that captivate users and drive business success.
In summary, Lumavate’s successful funding round signifies a significant milestone for the company as it continues to disrupt the mobile app development landscape. With the backing of reputable investors and a visionary leadership team, Lumavate is well-positioned to scale its operations, innovate its platform, and provide enterprises with the tools they need to create compelling mobile app experiences.