Lumiant, a Chicago. IL-based advice and client engagement platform that empowers advisors to connect with clients and families around their lives, values, and finances, announced that it closed $3.5 million in seed funding.
The investment came from Australian financial planning firm Invest Blue and U.S.-based wealth management firm Savant Wealth Management (“Savant”), bringing Lumiant’s total capital raised to date to approximately $9 million.
The new funds will support Lumiant’s continued U.S. expansion, as well as the buildout of its mobile development and engineering teams, with the aim of bringing the Lumiant experience to Android and iOS in the coming months.
“Lumiant is committed to helping individuals and their families live their best lives,” said Santiago Burridge, Lumiant’s founder, and Global CEO. “By meeting clients where they are—on their mobile devices—we can enhance their ability to track progress toward their goals. We’re thrilled to have backers who understand the wide-reaching appeal of our advice engagement technology and its ability to transform the advisor-client relationship.”
Founded in Sydney, Australia, and launched in the United States in May 2022, Lumiant offers an award-winning client experience platform that helps advisors uncover what truly matters to clients and their family members.
The company's cloud-based solution provides advisors with the tools to design and stage memorable, measurable, and scalable transformational values-based advice experiences.
Its modules help transform qualitative client conversations into quantifiable outcomes, visualizing the impact and value of advice. Currently, more than 60 advisory firms use Lumiant’s enhanced advice experience to deepen their relationships with clients and prospects.
Company: Lumiant Pty Ltd.
Raised: $3.5M
Round: Seed Round
Funding Month: March 2023
Lead Investors: Invest Blue and Savant Wealth Management
Additional Investors:
Company Website: https://www.lumiant.io/
Software Category: Advice Engagement Software
About the Company: Lumiant is an award-winning cloud-based advice and client engagement platform, where clients and their advisors connect around their lives, values, and finances, helping them make better choices and live their best lives confidently. Lumiant proudly heroes advice—driving conversion, revenue, referrals, and retention over multiple generations. Lumiant removes key person dependency through its software-supported advice process by creating a memorable, measurable, and repeatable process that anyone can deliver. Lumiant transforms qualitative information into trackable, quantifiable measures, anchored in a stochastic modeling process to illustrate to clients whether they are on track to living their best lives.
Source: https://www.businesswire.com/news/home/20230327005278/en/Advice-Engagement-Platform-Lumiant-Announces-3.5M-USD-Seed-Funding-Round