Lumo

Lumo is a smart irrigation system that enables growers to save water, improve crop quality and reduce costs.

Business Model:

Revenue: $0

Employees: 1-10

Detailed Lumo Information

Geographic Data

Lumo headquarters map

Address: 427 Mendocino Ave.

City: Santa Rosa

State: CA

Zip: 95401

Country: US

Financial Info

Stage:

pre seed

Raised Last:

$2M

Raised Total:

$2M

Metrics

5,152,617Website Global Rank

1,758Website Monthly Traffic

Twitter Followers

Description

Lumo will change the way we manage freshwater resources. According to the UN 40% of the world will be faced with water scarcity by 2030. 50-70% of freshwater is used by agriculture for irrigation. Current technology to measure and manage water resources is antiquated, the biggest incumbents are analog and manual. We’re going to bring software-first solutions to modernize water management. Our first product will simplify water management and water use reporting for grape growers in California. Irrigation is the #1 variable cost for specialty growers, which includes grapes, berries, and nuts. Lumo will drastically reduce these costs by saving water, energy, and labor – helping farmers better manage their water resources. We will scale into adjacent verticals like nuts, berries, and marijuana; expand into more geographies; and add additional capabilities like water rights reporting and trading.

Contact Phone:
+13022089374

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
7/2022 Pre Seed Round $0 Fall Line Capital
Fall Line Capital
7/2022 Pre-Seed 1 $2.1M Fall Line Capital
Fall Line Capital
Announced Date Name Price

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