Where is Lumere located?

Lumere is headquartered in Chicago, United States. It is registered at Chicago, Illinois.

How many employees does Lumere have?

As of Dec 31, 2022, Lumere has 212 employees, reflecting a 113% year-over-year growth in headcount.

Is Lumere a funded company?

Lumere is a funded company, having raised a total of $20.1M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round.

When was the latest funding round of Lumere?

Lumere's latest funding was a $***** Series B round on Jan 31, 2019, with participation from 0 investor. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $4.31B in funding in 2026 to date.

Where does Lumere rank among its competitors?

Lumere ranks 3rd amongst 167 active competitors, of which 23 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was ZulaFly, which secured $100K in May, 2023.

Who are the top competitors of Lumere?

Lumere's top competitors include Murj, Asimily and Genesis. Among them, ZulaFly secured the most recent funding round in May, 2023.

Lumere - 2026 Company Profile, Team, Funding & Competitors

Lumere is an acquired company based in Chicago (United States), founded in 2012 by Will Danford. It operates as a Provider of supply chain management and formulary management for pharmacies and healthcare organizations. Lumere has raised $20.1M in funding from investors like Bessemer Venture Partners, Heritage Group and F-Prime Capital. The company has 167 active competitors, including 23 funded and 13 that have exited. Its top competitors include companies like Murj, Asimily and Genesis.

Company Details

Lumere offers supply chain management and formulary management solutions for pharmacies and healthcare organizations. It is a provider of evidence-based data, information, and analytics solutions for both the physicians and healthcare providers to cut costs and reduce unwarranted clinical variation related to drug selection and utilization. Product Introduction Management is a web-based solution for new product request and provide prodyut review to standardize the value analysis processes. Category optimization is the web-bases stragtegice sourcing solution to ensure accuracy and compliance.

Website: lumere.com
Social
Email ID: *****@lumere.com
Phone Number: +1 **********
Registered Address: Chicago, Illinois

Key Metrics

Founded Year

2012

Location

Chicago, United States

Stage

Acquired

Total Funding

$20.1M in 5 rounds

Latest Funding Round

Series B, Jan 31, 2019, $*****

Investors

Bessemer Venture Partners & 14 more

Ranked

3^rd among 167 active competitors

Employee Count

212 as on Dec 31, 2022

Similar Companies

Murj & 243 more

Exit Details

Acquired by Global Healthcare Exchange (Jan 13, 2020)

View Lumere's full profile

Lumere is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROCURED, INC. CIN: 454101157 , United States, Active	Dec 31, 1999	-	129 (As on Dec 31, 2019)	-

Lumere got acquired by Global Healthcare Exchange on Jan 13, 2020.

Click here to take a look at Lumere's acquisition in detail

Lumere has raised a total funding of $20.1M over 5 rounds. Lumere has 15 institutional investors.

Here is the list of recent funding rounds of Lumere:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 31, 2019	2593542	Series B	4884813	2176033	2012632	5296684
Jun 14, 2016	1983168	Series B	9550350	4071071	9967872	HCA
Mar 20, 2014	4230143	Series A	2290539	6100054	FCA Venture Partners	7820405

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View details of Lumere's funding rounds and investors

The founders of Lumere is Will Danford.

Here are the details of Lumere's key team members:

Will Danford: Co-Founder of Lumere.
Contact Info: 1 email address

View details of Lumere's Founder profiles and Board Members

Lumere's employee count trend

Lumere has 212 employees as of Dec 22. The total employee count is 112.0% more than what it was in Dec 21. Here is Lumere's employee count trend over the years:

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Top competitors of Lumere include Murj, Asimily and Genesis. Here is the list of Top 10 competitors of Lumere, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Murj 2015, Santa Cruz (United States), Series B	Cloud-based platform empowering cardiac device care with advanced automation and analytics	$14.1M	Longitude Capital, True Ventures & 2 others	61/100
2nd	Asimily 2017, Sunnyvale (United States), Series B	Online platform for medical device asset management	$13.1M	Ridge Ventures, New Leaf Venture Partners ... & 6 others	60/100
3rd	Lumere 2012, Chicago (United States), Acquired	Provider of supply chain management and formulary management for pharmacies and healthcare organizations	$20.1M	F-Prime Capital, Waterline Ventures & 13 others	57/100
4th	Genesis 2010, St. Petersburg (United States), Acquired	Provider of traceability solutions for medical products	$25.7M	IPF Partners, Caphaven Partners	55/100
5th	Glassbeam 2004, Sunnyvale (United States), Series B	AI and cloud-based medical equipment’s machine data management tool for providers	$17.6M	VKRM, Appian Way Asset Management & 5 others	52/100
6th	TriMedx 1998, Indianapolis (United States), Series B	Healthcare technology management solutions optimizing clinical assets, cybersecurity, and engineering	-	Ascension Ventures, TowerBrook & 2 others	49/100
7th	CyberMDX 2016, New York City (United States), Acquired	AI based cybersecurity solutions for healthcare	$30M	Sham, Pitango & 4 others	49/100
8th	ZulaFly 2013, Fargo (United States), Acquired	Provider of asset tracking software for hospitals	$100K	-	46/100
9th	Medbikri 2021, Bengaluru (India), Seed	Provider of inventory management and sales management solutions for pharmacies	$1.3M	3one4 Capital, AngelList & 22 others	45/100
10th	Cubex 1996, Phoenix (United States), Funding Raised	Provider of inventory management platform for healthcare organisations	-	Lake Country Capital, HCAP Partners	45/100