Sandy, UT – June 16, 2025
Lumion is a Sandy Sandy firm, primarily based in Utah, based in 2020 as an all-in-one working system for profession and commerce faculties. The corporate is specialised within the provision of appropriate fee options for training specifically tailored to business and technical faculties, providing fee plans primarily based on zero curiosity revenue and choices. The corporate issues the academic establishments which might be on the lookout for progressive fee options.
At present, the corporate has introduced that it has collected $ 10.7 million in seed financing, led by TTV Capital (Atlanta, GA), with the participation of Tusk Enterprise Companions (New York), Artistic Capital (Charlotte, NC), 9 Venturi (Chicago), Innoving Capital (Greenwich, CT) and State of Wyoming.
The expansion is available in a vital second for the US labor market. With a nationwide scarcity of certified staff and registration in business and technical applications that now exceed conventional 4 -year schools, Lumion is positioned as an infrastructure layer that permits faculties to increase. The platform simplifies your entire scholar life cycle – from capturing and enrolling in lead and enrolling at school administration and college students’ outcomes.
“Industrial faculties have managed important work flows by way of spreadsheets, fragmented CRIs and outdated SIS techniques,” mentioned Joshua Hagani, CEO of Lumion. “Lumion replaces that patchwork with a unified platform that leads the success of scholars at every stage.”
Initially launched because the Mia Share to handle the financing of scholars, Lumion has since advanced in a full scale for business and technical faculties. Within the final 12 months, the corporate has tripled its revenue, buyer base and the principle quantity. At present, Lumion helps over 100,000 college students from 260 faculties out of greater than 29 industries.
The Lumion Platform affords three traces of primary merchandise:
- Registration: A centralized circulate to college students with built-in purposes, planning, communications and on-board instruments on the college’s web site.
- Fee: College students are guided by the accessible fee options-including advance funds, a lending market and faculties managed. Lumion additionally manages collections and repair, stimulating registration and detention.
- Pupil Data System (SIS): Strong reporting on the scholars’ life cycle provides the operators of colleges a transparent imaginative and prescient of efficiency and outcomes.
The spherical of the seeds was prolonged on the finish of 2024 to adapt to the surplus curiosity of traders, bringing Tusk Enterprise companions to assist speed up the extension of the Lumion Market and the continual improvement of the merchandise.
Key landmarks up to now embrace:
- 140,000+ processed education funds
- 1,690 directors of supported college
- $ 20 billion within the estimated affect of human capital
- 35 staff and rising, primarily based in Sandy, Utah
As authorities coverage is more and more favored the event of workforce and conventional increased training continues to fall, Lumion rapidly turns into the registration system for business and technical training.
Be taught extra at Joinlumion.com.
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