Lumos secures multimillion-dollar seed funding led by XYZ Ventures
Lumos Technologies, a Wilmington, NC-based data analytics firm, has secured a multimillion-dollar Seed investment.
The backers remain undisclosed. This funding will be deployed to enhance product evolution and broaden market reach.
Led by CEO Brett Caines and CTO Youri Nelson, Lumos delivers AI-driven insights and advisory services to financial institutions, improving lending efficiency and reducing portfolio risk.
This injection of capital supports Lumos's strategic goals to scale operations and refine predictive credit performance models, bolstering their market position in small business data analytics.