Advice and client engagement platform Lumiant secures $3.5m


Lumiant, an advice and client engagement platform, has raised $3.5m in seed funding to support its US expansion and platform enhancements.

Funding came from Australian financial planning firm Invest Blue and US-based wealth management firm Savant Wealth Management, bringing Lumiant’s total capital raised to date to approximately $9m.

Founded in Sydney, Australia, and launched in the United States in May 2022, Lumiant offers a client experience platform that helps advisors uncover “what truly matters to clients and their family members.”

Its cloud-based solution provides advisors with the tools to design and stage memorable, measurable and scalable transformational values-based advice experiences. Its modules help transform qualitative client conversations into quantifiable outcomes, visualizing the impact and value of advice. Currently, more than 60 advisory firms use Lumiant’s enhanced advice experience to deepen their relationships with clients and prospects.

According to Lumiant, the funding came on the heels of a strong growth year. The company said the new capital will support Lumiant’s continued US expansion, as well as the buildout of its mobile development and engineering teams, with the aim of bringing the Lumiant experience to Android and iOS in the coming months.

The new round of funding has already seen Lumiant bolster its engineering and mobile development ranks, as well as employ Phil Pilgrim as its new head of corporate.

Santiago Burridge, Lumiant’s founder and Global CEO, said, “Lumiant is committed to helping individuals and their families live their best lives. By meeting clients where they are—on their mobile devices—we can enhance their ability to track progress toward their goals. We’re thrilled to have backers who understand the wide-reaching appeal of our advice engagement technology and its ability to transform the advisor-client relationship.”

Earlier this year, Masttro, a WealthTech firm that manages the wealth of ultra-high-net-worth families, raised $43m in a growth equity investment.

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