Lumion, a SaaS company based in Salt Lake City that provides an all-in-one operating system for trade and technical schools, has closed a $10.7m seed funding round.
The round was led by TTV Capital, with additional investment from Tusk Venture Partners, CreativeCo Capital, Nine Four Ventures, Innovating Capital, and the State of Wyoming. Tusk Venture Partners joined the round in late 2024 due to surplus investor demand.
Lumion is addressing the growing demand for skilled labour in the United States, where trade and technical school enrolment is rising faster than that of four-year colleges. The company offers a comprehensive platform that simplifies student acquisition, operations, and outcomes for trade schools.
Its system replaces disconnected spreadsheets, legacy student information systems, and fragmented CRMs with a single platform that unifies the entire student journey from lead capture to alumni tracking.
With the fresh capital, Lumion plans to accelerate market expansion and continue product development. The platform currently supports more than 100,000 students across over 260 partner schools in 29 industries. Over the past year, Lumion has tripled its revenue, customer base, and workforce, and now employs a team of 35.
The Lumion platform features three core products. The enrollment module helps schools generate leads from their websites, manage applications, schedule interviews, and onboard students. Its payments solution guides students through multiple payment options, including upfront payments, lender marketplaces, and school-administered payment plans. Finally, the full-service SIS module provides comprehensive reporting, offering school operators a clear view of all student activities and outcomes.
Lumion CEO Joshua Hagani said, “Trade schools have been stuck managing mission-critical processes across spreadsheets, disconnected CRMs, and legacy student information systems (SISs). We’ve built the ultimate platform to unify the full student experience from lead capture all the way through alumni tracking.”
Source: https://fintech.global/
