All-in-one platform for trade and technical schools Lumion raises $107 million in seed funding
Lumion, which provides an operating system for career and trade schools, has announced it has raised $107 million in seed funding, led by TTV Capital.
The announcement arrives as the U.S. is facing a shortage of skilled workers and enrollment in trade and technical programs is said to be outpacing that of four-year colleges.
Headquartered in Salt Lake City, Lumion’s platform allows schools to meet this growing demand, streamlining student registration, operations, and outcomes.
While originally designed to support student financing, Lumion now offers an all-in-one platform that enables trade and technical schools to grow and serve more students. In the past year, Lumion says its revenue has tripled, alongside its customer base and team.
Lumion currently supports more than 100,000 students across more than 260 partner schools covering 29 industries.
The funding round was led by TTV Capital, with recent participation from Tusk Venture Partners. The round also includes prior support from TTV Capital, CreativeCo Capital, Nine Four Ventures, Innovating Capital, and the State of Wyoming.
"Trade schools have been stuck managing mission-critical processes across spreadsheets, disconnected CRMs, and legacy student information systems)," explains Joshua Hagani, CEO at Lumion. "We've built the ultimate platform to unify the full student experience from lead capture all the way through alumni tracking."
