Tech Company Financing Transactions
Illuma Labs Funding Round
On 9/10/2024, Illuma Labs landed $9 million in Series A funding from LiveOak Venture Partners, Capital Factory and Connexus Equity Management Partners.
Transaction Overview
Company Name
Announced On
9/10/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Series A
Investors
LiveOak Venture Partners (Lead Investor) (Venu Shamapant)
Proceeds Purpose
This investment will accelerate the development of Illuma's voice verification solutions, addressing threats like fraud, voice cloning, and deep fakes and expanding its reach to more credit unions and banks nationwide.
Company Information
Company Status
Private & Independent
Industry
Life Sciences
Mailing Address
7700 Windrose Ave. G300
Plano, TX 75024
USA
Plano, TX 75024
USA
Phone
Website
Email Address
Overview
At Illuma, we're a nimble and responsive CUSO and FinTech team working hard to accelerate digital transformation by helping credit unions & community banks augment their brand reputation with a modern and seamless end user experience and better account security.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Milind Borkar
Chief Technical Officer
Jeremy Whittington
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. All VC database entries reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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