Lumia Capital

Lumia is an expansion-stage VC firm partnering with US and European innovators expanding internationally for breakout growth.

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jul 1, 2021	Fabric	$100.0M Series B	—	Accenture, B Capital Group, Boldstart Ventures, Canaan Partners, Founders Co-op, Graph Ventures, LAUNCH, LAUNCHub Ventures, Long Journey Ventures, Mayfield, Norwest Venture Partners, OMERS Ventures, Redpoint Ventures, Scrum Ventures, Sequoia Capital, Seven Seven Six, Shasta Ventures, Sierra Ventures, Y Combinator, Aaron Harris, Ajay Ramachandran, Curtis MacDonald, Gokul Rajaram, Russell Fradin, Russ Fradin, Sam Altman, Scott Banister, Taher Haveliwala
Apr 1, 2021	PulseData	$17.0M Series A	—	Evolution Equity Partners, Greylock, Lowercarbon Capital, Sequoia Capital, The Hit Forge, Two Bear Capital
Feb 1, 2021	Fabric	$43.0M Series A	—	Boldstart Ventures, Canaan Partners, Founders Co-op, Graph Ventures, LAUNCH, LAUNCHub Ventures, Long Journey Ventures, Norwest Venture Partners, OMERS Ventures, Redpoint Ventures, Scrum Ventures, Sequoia Capital, Seven Seven Six, Shasta Ventures, Sierra Ventures, Y Combinator, Aaron Harris, Russell Fradin, Russ Fradin, Sam Altman, Scott Banister
Feb 1, 2021	LeaseLock	$52.0M Series B	—	BlueRun Ventures, Craft Ventures, FINTOP Capital, FJ Labs, Foundation Capital, Hiro Capital, Moderne Ventures, Pioneer Square Labs, Social Capital, Thomvest Ventures, Wildcat Ventures, Greg Kidd, Javier Olivan, Oneal Bhambani
Oct 1, 2020	Fabric	$11.0M Seed	—	Andreessen Horowitz, Angelic Ventures, Axiom Partners, Boldstart Ventures, Ali Tamaseb, G2VP, Golden Ventures, Graph Ventures, LAUNCH, Long Journey Ventures, Oak HC/FT, OMERS Ventures, Project A, Redpoint Ventures, Scrum Ventures, Seven Seven Six, Sierra Ventures, Sweet Capital, Tribe Capital, Valar Ventures, Y Combinator, Aaron Harris, Keri Gohman, Larry Braitman, Lawrence Braitman, Sam Altman, Scott Banister, Tom Williams, Trevor Wright
May 1, 2020	Vise	$15.0M Series A	—	Acequia Capital, AlleyCorp, Andreessen Horowitz, Arrive, Banana Capital, Bling Capital, Canaan Partners, Catapult Capital, Change Ventures, Comcast Ventures, Contrarian Ventures, Cyberstarts VC, Dreamers VC, Expon Capital, FJ Labs, Fontinalis Partners, gener8tor, Great Oaks Venture Capital, Khosla Ventures, L Catterton Growth, LGF, Lightspeed Venture Partners, Moxxie Ventures, O'Reilly AlphaTech Ventures, Owl Rock Capital Partners, Pareto Holdings, Scribble Ventures, Sequoia Capital, SOSV, Streamlined Ventures, Tapas Capital, Torch Capital, Two Small Fish Ventures, Xfund, Adrian Aoun, Ameet Patel, Ameet Ranadive, Bob Young, Bradley Horowitz, Colin Carrier, Evan Moore, Gokul Rajaram, James Blouzard, Jawed Karim, Joshua Schachter, Kevin Lin, Kevin Weil, Mantas Mikuckas, Markus Villig, Martin Henk, Martin Villig, Ott Kaukver, Patrick S. Chung, Paul Forster, Pete Koomen, Ragnar Sass, Richard Branson, Rohini Pandhi, Scott Belsky, Steve Chen, Thomas Plantenga, Varsha Rao
Feb 1, 2020	Paystand	$20.0M Series B	—	Ascend Vietnam Ventures, BlueRun Ventures, Citi Ventures, DNX Ventures, FINTOP Capital, Greylock, Innovius Capital, i/o Ventures, Ligature, Long Journey Ventures, OVO Fund, Think + Ventures, Thomvest Ventures, Union Square Ventures, Wildcat Ventures, Zero Capital, Zigg Capital, Alexandre Carel, Eric Ries, Eric Ver Ploeg, Greg Kidd, Oneal Bhambani, Susan Kimberlin
Oct 1, 2019	PeerStreet	$60.0M Series C	—	Andreessen Horowitz, BlueRun Ventures, CRV, FINTOP Capital, Owl Rock Capital Partners, Thomvest Ventures, Wildcat Ventures, Greg Kidd, Oneal Bhambani
May 1, 2019	Vise	$4.0M Seed	—	305 Ventures, Acequia Capital, AlleyCorp, Andav Capital, Andreessen Horowitz, Avalancha Ventures, Bling Capital, Canaan Partners, Catapult Capital, Change Ventures, Comcast Ventures, Contrarian Ventures, Curie.Bio, Cyberstarts VC, Dreamers VC, Fifth Wall, FJ Labs, Founders Fund, gener8tor, Great Oaks Venture Capital, Hauser Ventures, Khosla Ventures, L Catterton Growth, LGF, Lightspeed Venture Partners, Moxxie Ventures, Operator Partners, O'Reilly AlphaTech Ventures, Pareto Holdings, Scribble Ventures, Sequoia Capital, SOSV, Tapas Capital, Two Small Fish Ventures, Y Combinator, Adrian Aoun, Ameet Patel, Ameet Ranadive, Bob Young, Bradley Horowitz, Elizabeth Iorns, Evan Moore, Gokul Rajaram, James Blouzard, Jawed Karim, Joshua Schachter, Kevin Lin, Kevin Weil, Mantas Mikuckas, Mark Cuban, Mark Pincus, Markus Villig, Martin Henk, Martin Villig, Matt Cutts, Ott Kaukver, Paul Forster, Pete Koomen, Ragnar Sass, Rebecca Minkoff, Richard Branson, Rohini Pandhi, Scott Belsky, Steve Chen, Thomas Plantenga, Varsha Rao
Feb 1, 2019	Cmd	$14.0M Series B	—	Benchmark, Craft Ventures, Decibel Partners, Expa, General Catalyst, GV, IVP, Kickstart Fund, Telstra Ventures, Drew Houston, George Hoyem, Jeremy Stoppelman, Marc Benioff, Marcus Bartram, Nicolas Berggruen
Jul 1, 2018	Team SoloMid	$37.0M Series A	—	AME Cloud Ventures, Andreessen Horowitz, Atomic, Audrey Capital, Bain Capital Ventures, Bessemer Venture Partners, BITKRAFT Ventures, Casa Verde Capital, Catapult Capital, Chemistry VC, Cota Capital, Counterview Capital, Courtside Ventures, CP Ventures, First Round Capital, Founder Collective, Foundry Group, FTX Ventures, General Catalyst, Golden Ventures, Gradient Ventures, Karim Faris, Hardware Club, High Alpha, IVP, Liquid 2 Ventures, Long Journey Ventures, Nex Cubed, NextGen Venture Partners, Penny Jar Capital, Polychain Capital, QB1 Ventures, Gil Penchina, Rosecliff Ventures, Simon Equity Partners LLC, Sound Ventures, Sparrows, Streamlined Ventures, Sweet Capital, Techstars, Telstra Ventures, Think + Ventures, Thirty Five Ventures, Uncork Capital, What If Ventures, Y Combinator, Andre Iguodala, Anjula Acharia Bath, Balaji Srinivasan, Eric Ries, George Hoyem, Jason Robins, Jens Christensen, Jon Goldman, Marcus Bartram, Mark Solon, Rohit Gupta, Ryan Melohn, Yee Lee
Jun 1, 2018	Preempt Security	$18.0M Series B	—	General Catalyst, Karim Faris, IVP, SYN Ventures, Telstra Ventures, George Hoyem, Marcus Bartram
Apr 1, 2018	Onapsis	$31.0M Series C	—	.406 Ventures, AllegisCyber Capital, Endeavor Catalyst, Evolution Equity Partners, Greylock, Lowercarbon Capital, Sequoia Capital, The Hit Forge, Two Bear Capital, Marcos Galperin
Apr 1, 2018	LeaseLock	$10.0M Series A	—	BlueRun Ventures, Craft Ventures, FINTOP Capital, FJ Labs, Foundation Capital, Moderne Ventures, Pioneer Square Labs, Social Capital, Thomvest Ventures, Wildcat Ventures, Greg Kidd, Javier Olivan, Oneal Bhambani
Apr 1, 2018	PeerStreet	$30.0M Series B	—	Andreessen Horowitz, BlueRun Ventures, CRV, FINTOP Capital, FPV Fund, Owl Rock Capital Partners, Thomvest Ventures, Wildcat Ventures, XYZ Venture Capital, Greg Kidd, Oneal Bhambani
Jan 1, 2018	MATRIXX Software	$40.0M Series C	—	General Catalyst, Karim Faris, IVP, Telstra Ventures, George Hoyem
Jan 1, 2018	Anomali	$40.0M Series D	—	Accel, Accomplice VC, AME Cloud Ventures, Andreessen Horowitz, Battery Ventures, Benchmark, Founders Circle Capital, Franklin Templeton Investments, FTX Ventures, General Catalyst, Greylock, Karim Faris, GV, Hardware Club, IVP, Lead Edge Capital, Lightspeed Venture Partners, March Capital, Meritech Capital Partners, Sapphire Ventures, Sequoia Capital, Shield Capital, Sutter Hill Ventures, Telstra Ventures, True Ventures, Wing Venture Capital, WndrCo LLC, Catherine Wood, George Hoyem, Kyle Widrick, Marc Benioff, Marc Lasry, Marcus Bartram, Shlomo Kramer
Nov 1, 2017	Paystand	$6.0M Series A	—	BlueRun Ventures, FINTOP Capital, Thomvest Ventures, Wildcat Ventures, Greg Kidd, Oneal Bhambani
Nov 1, 2017	Flo Technologies	$8.0M Series A	—	ACME Capital, Anthemis Group, Crosslink Capital, Great Oaks Venture Capital, Haystack, Sierra Ventures, Uncork Capital, Eytan Elbaz, Nadeem Shaikh, Shervin Pishevar
May 1, 2017	Vivid Vision	$2.0M Seed	—	7percent Ventures, Accel, ACME Capital, Andreessen Horowitz, Anorak Ventures, Coatue, Crosslink Capital, Great Oaks Venture Capital, Haystack, Liquid 2 Ventures, Matrix, Mayfield, Pathbreaker Ventures, Sacramento Angels, Sierra Ventures, Susa Ventures, Uncork Capital, UpHonest Capital, Eytan Elbaz, Gautam Shah, John Collison, Louis Beryl, Matt Mazzeo, Samvit Ramadurgam, Shervin Pishevar
Mar 1, 2017	Hogaru	$810K Seed	—	LAUNCH, Long Journey Ventures, Scrum Ventures, Seven Seven Six, Sierra Ventures, Y Combinator, Aaron Harris, Scott Banister
Feb 1, 2017	Evident.io	$22.0M Series C	—	Bain Capital Ventures, General Catalyst, Karim Faris, Index Ventures, IVP, Neotribe Ventures, Telstra Ventures, The Robotics Hub, Marcus Bartram
Nov 1, 2016	PeerStreet	$15.0M Series A	—	Andreessen Horowitz, AngelPad, BlueRun Ventures, CRV, FINTOP Capital, FPV Fund, Human Augmentation Syndicate, Owl Rock Capital Partners, Pear VC, Rembrandt Venture Partners, Thomvest Ventures, Wildcat Ventures, XYZ Venture Capital, Greg Kidd, Oneal Bhambani
Nov 1, 2016	Dashbot	$2.0M Seed	—	Intel Capital, LAUNCH, Long Journey Ventures, Rembrandt Venture Partners, Scrum Ventures, Seven Seven Six, Sierra Ventures, Streamlined Ventures, Y Combinator, Aaron Harris, Sam Altman, Scott Banister
Aug 1, 2016	LeadGenius	$4.0M Series B	—	ACME Capital, Andreessen Horowitz, Atlantic Bridge University Fund, Crosslink Capital, Great Oaks Venture Capital, Haystack, Javelin Venture Partners, Lightspeed Venture Partners, Menlo Ventures, Motus Ventures, Owl Rock Capital Partners, R42 Group, Red Swan Ventures, Scrum Ventures, Sierra Ventures, Spark Capital, TSVC Capital, Uncork Capital, Eytan Elbaz, Sep Kamvar, Shervin Pishevar

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Lumia Capital.

Head of Platform & Research

Martin Gedalin

Partner

Leadership Team

Key people at Lumia Capital.

Head of Platform & Research

Martin Gedalin

Partner

Deep Dive

Lumia Capital is an expansion-stage venture capital firm that partners with U.S. and European innovators aiming for international breakout growth, particularly in emerging global markets. Their mission centers on supporting companies with proven business models that are scaling globally, focusing on sectors such as mobile technologies, business cloud, marketplaces, and financial technology. Lumia emphasizes rapid growth, strong margin profiles, clear defensibility, and paths to profitability, targeting expansion-stage companies while selectively investing in earlier-stage startups through their "Telescope" program[2][4].

Founded in 2011 and based in San Francisco, Lumia Capital was established by key partners including Martin Gedalin and Christopher T. Rogers. The firm has evolved to specialize in early and expansion/late-stage investments, particularly in technology and financial services sectors, with a strategic focus on companies expanding internationally or dominating fast-growing local markets. Lumia's investment approach is flexible, allowing them to lead or follow investment rounds and adjust ticket sizes to optimize growth and scaling opportunities[1][3][2].

Core Differentiators

Flexible Investment Model: Lumia can lead or follow rounds, investing smaller or larger amounts as needed to support scaling globally[2].
Global Network Strength: The firm collaborates closely with global peers to maximize international expansion opportunities[2].
Sector Focus: Concentrated expertise in mobile tech, business cloud, marketplaces, and fintech enables targeted value creation[2].
Track Record: Managing multiple funds since 2011, Lumia has demonstrated consistent focus on expansion-stage companies with strong growth potential[3].
Operating Support: While specific value-add details are limited, Lumia’s approach suggests active partnership to help portfolio companies achieve market leadership and profitability[2][4].

Role in the Broader Tech Landscape

Lumia Capital rides the trend of globalization in technology and fintech sectors, capitalizing on the increasing need for U.S. and European companies to expand internationally to sustain breakout growth. The timing aligns with accelerating digital transformation worldwide and the rise of emerging markets as critical growth arenas. Lumia’s focus on companies with proven business models and clear defensibility positions it well to influence the ecosystem by enabling startups to scale efficiently across borders, bridging innovation hubs with fast-growing local markets[2][1].

Quick Take & Future Outlook

Looking ahead, Lumia Capital is poised to deepen its role as a key enabler of international expansion for tech innovators, especially as global market integration intensifies. Trends such as cloud adoption, mobile-first solutions, and fintech innovation will likely shape their investment focus. Their flexible investment approach and global network may allow them to capture emerging opportunities swiftly, potentially increasing their influence in shaping cross-border tech ecosystems. Lumia’s continued emphasis on profitability and defensibility suggests a disciplined growth strategy that balances scale with sustainable business models[2][4].

Sources

Core Differentiators

Flexible Investment Model: Lumia can lead or follow rounds, investing smaller or larger amounts as needed to support scaling globally[2].
Global Network Strength: The firm collaborates closely with global peers to maximize international expansion opportunities[2].
Sector Focus: Concentrated expertise in mobile tech, business cloud, marketplaces, and fintech enables targeted value creation[2].
Track Record: Managing multiple funds since 2011, Lumia has demonstrated consistent focus on expansion-stage companies with strong growth potential[3].
Operating Support: While specific value-add details are limited, Lumia’s approach suggests active partnership to help portfolio companies achieve market leadership and profitability[2][4].