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§ Private Profile · Toronto, CA, USA
Lumi AI is a technology company.
Lumi AI delivers an enterprise analytics platform, a chat-based AI data analyst. It helps organizations explore data, generate visuals, and extract insights from ERPs and databases using natural language. Leveraging agentic AI for conversational analytics and query building, it efficiently identifies operational anomalies and data quality issues.
Founded in 2023 by Ibrahim Ashqar and Tudor Boiangiu, Lumi AI originated from traditional business intelligence limitations. Their insight: build an AI solution proactively uncovering optimization opportunities across supply, distribution, and customer operations, offering an agile alternative to manual analysis.
Lumi AI serves enterprise clients optimizing supply chain, sales insights, and warehouse operations. The company envisions democratizing advanced data analysis, letting users query information in plain language. This positions agentic analytics as the new standard for trusted insights, driving faster, informed business decisions.
Lumi AI has raised $4.0M across 1 funding round.
Lumi AI has raised $4.0M in total across 1 funding round.
Lumi AI has raised $4.0M in total across 1 funding round.
Lumi AI's investors include Intelligent Growth Solutions, AgFunder, Bessemer Venture Partners, S2G Ventures.
Lumi AI has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in March 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2025 | $4M Seed | Intelligent Growth Solutions | AgFunder, Bessemer Venture Partners, S2G Ventures | Announced |
Lumi AI is an enterprise AI platform that enables conversational self-service analytics for businesses, particularly those with complex supply chains, allowing users to query ERP data in plain language without SQL or Python skills.[2][3][4] It serves mid-sized CPGs, 3PLs, F10 retailers, and enterprises like North America's largest meal kit providers and MENA's top luxury retailer, solving slow manual analytics by delivering instant insights, visuals, and anomaly detection to uncover opportunities such as $1.5M inventory issues.[2][3][4] The platform has shown rapid growth, securing a $3.7M seed round in March 2025 after an initial funding in August 2023 from Forum Ventures, Annex Investments, and angels, with funds expanding engineering, customer success, and features like multi-agent workflows.[2][3]
Lumi AI was founded in April 2023 by CEO and Co-Founder Ibrahim Ashqar and CTO Tudor Boiangiu to democratize data access, born from the frustration that SQL/Python barriers hinder data-driven decisions in supply chain-heavy businesses.[3] Ashqar, emphasizing breaking down data silos, and Boiangiu, focusing on mimicking human analysts with clarification-seeking and logic explanation, launched a beta in three months that landed five customers and identified a $1.5M inventory opportunity.[3] Early traction included funding from New York B2B SaaS investors Forum Ventures and UAE's Annex Investments, validating its proprietary engine for vague-to-complex queries amid talent shortages slowing decisions.[3]
Lumi AI rides the generative AI wave for agentic workflows, targeting supply chain inefficiencies where billions spent on BI still leave manual bottlenecks amid talent shortages and rising data complexity.[2][3] Timing aligns with post-2023 AI adoption surges, enabling non-technical users to act on ERP data amid inflation, disruptions, and e-commerce growth, influencing ecosystems by accelerating decisions for CPG/3PL/retail players.[2][4] It sets a standard for "data analysts in a box," reducing backlogs and fostering AI-driven operations in physical goods sectors.[3]
Lumi AI's trajectory points to scaling agentic features for predictive actions and global expansion, leveraging its $3.7M seed to onboard more F10 clients and refine supply chain specializations.[2] Trends like multi-modal AI and real-time ERP integration will amplify its edge, potentially evolving into full workflow automation amid growing demand for no-code analytics. As it transforms data from barrier to ally, Lumi AI exemplifies how AI copilots unlock enterprise value, redefining analytics for supply chain dominance.