Lumi AI secures $3.7 million to transform analytics for supply chains
- Lumi AI has secured $3.7 million in seed funding to enhance its conversational analytics platform.
- This platform allows users to access insights from ERP data without technical barriers, improving operational efficiency.
- The funding will help Lumi AI grow its team and further develop features to address complex supply chain datasets.
On March 25, 2025, in Silicon Valley, California, Lumi AI announced the close of a $3.7 million seed funding round aimed at revolutionizing data analytics for brands and retailers. This platform specializes in helping businesses unlock insights from their enterprise resource planning (ERP) data without requiring technical expertise. The funding was led by AgFunder and saw participation from investors like Forum Ventures and Abu Dhabi sovereign wealth fund ADQ. Companies often face challenges with slow analytics processes that hinder speed and efficiency in decision-making. With this investment, Lumi AI plans to expand its engineering and customer success teams, and accelerate the development of features that cater to complex supply chain datasets. Their innovative platform employs a chat module that acts as a personal data analyst, simplifying the process of data exploration and insight generation through plain language. The founders established Lumi AI with a vision to democratize data access, breaking down barriers that often exist between businesses and their operational data. Their conversational analytics solution not only simplifies the analytics process but also aims to enhance productivity by freeing teams from manual data tasks. Lumi AI's goal is to transform decision-making processes across industries with complex supply chains, including retail, grocery, and manufacturing. As the demand for actionable insights continues to grow in these sectors, the company is well-positioned to capitalize on this trend and redefine the analytics landscape.