When was Lumnion founded?

Lumnion was founded in 2016 and raised its 1st funding round 5 years after it was founded.

Where is Lumnion located?

Lumnion is headquartered in Istanbul, Turkey. It is registered at Maximiliansplatz 22 c/o Bird & Bird LLP, 80333 München.

How many employees does Lumnion have?

As of Jun 30, 2026, the latest employee count at Lumnion is 17.

Is Lumnion a funded company?

Lumnion is a funded company, having raised a total of $1.09M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 05, 2021.

When was the latest funding round of Lumnion?

Lumnion's latest funding was a $***** Seed round on Mar 08, 2024, with participation from 8 investors. Its primary sector is Insurance IT. Globally, the Insurance IT sector has seen $1.73B in funding in 2026 to date.

Where does Lumnion rank among its competitors?

Lumnion ranks 184th amongst 1049 active competitors, of which 196 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Pibit AI, which secured $7M in Jun, 2025.

Who are the top competitors of Lumnion?

Lumnion's top competitors include Sedgwick, Cytora and Shift Technology. Among them, Pibit AI secured the most recent funding round in June, 2025.

Lumnion - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI-based risk management solutions for non-life insurance industry. It features a Cheetah -risk calculation tool for identifying patterns for detection of insurance products and a Dolphin - a risk simulation tool for adjusting & optimizing pricing for insurance industries. It also, provides customer, fraud, human, and investment analytics to access insights for improving business decisions.

Website: www.lumnion.com/
Email ID: *****@lumnion.com
Registered Address: Maximiliansplatz 22 c/o Bird & Bird LLP, 80333 München

Key Metrics

Founded Year

2016

Location

Istanbul, Turkey

Stage

Seed

Total Funding

$1.09M in 2 rounds

Latest Funding Round

Seed, Mar 08, 2024, $*****

Investors

Maxis & 10 more

Ranked

184^th among 1049 active competitors

Employee Count

17 as on Jun 30, 2026

Similar Companies

Sedgwick & 1138 more

View Lumnion's full profile

Lumnion is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Lumnion GmbH CIN: D2601_HRB269131 , Germany, Active	Aug 30, 2021	-	-

Lumnion has raised a total funding of $1.09M over 2 rounds. Its first funding round was on Apr 05, 2021. Its latest funding round was a Seed round on Mar 08, 2024 for $*****. 8 investors participated in its latest round. Lumnion has 11 institutional investors.

Here is the list of recent funding rounds of Lumnion:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 08, 2024	6336384	Seed	3222764	5575213	5739258	7443650
Apr 05, 2021	1414841	Seed	6667539	5194047	7507949	StartersHub & 1 more

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View details of Lumnion's funding rounds and investors

The founders of Lumnion is Aren Haddeler. Cenk Tabakoglu is the CEO of Lumnion.

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

Aren Haddeler: Co-Founder of Lumnion.
Contact Info: 1 email address
Cenk Tabakoglu: CEO of Lumnion.

View details of Lumnion's Founder profiles and Board Members

Lumnion's employee count trend

Lumnion has 17 employees as of Jun 26. Here is Lumnion's employee count trend over the years:

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Top competitors of Lumnion include Sedgwick, Cytora and Shift Technology. Here is the list of Top 10 competitors of Lumnion, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sedgwick 1969, Memphis (United States), Acquired	Provider of claims administration, loss adjusting, and benefits management services	$2.63M	Stone Point Capital, The Carlyle Group & 11 others	76/100
2nd	Cytora 2012, London (United Kingdom), Acquired	Risk management solutions for insurers and underwriters	$41.5M	EQT, Parkwalk & 41 others	67/100
3rd	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, General Catalyst & 15 others	67/100
4th	Credit Benchmark 2012, London (United Kingdom), Series B	Credit risk data aggregator of banks	$35.6M	Balderton Capital, Index Ventures & 12 others	66/100
5th	Pibit AI 2020, San Francisco (United States), Series A	AI-powered underwriting platform for commercial property and casualty insurance	$7.64M	Stellaris, Arali Ventures & 11 others	66/100
6th	OpenGamma 2009, London (United Kingdom), Acquired	Platform that provides SaaS based solutions for derivatives risk analytics	$74.9M	Accel, ICAP & 9 others	66/100
7th	Nect 2017, Hamburg (Germany), Series B	Solutions for identity verification	$2.7M	Alstin Capital, Fin Tech Fonds & 8 others	64/100
8th	Munich Re 1880, Munich (Germany), Public	Platform offering insurance risk management solutions	-	OnRamp Insurance Conference, Prehype & 1 others	64/100
9th	Perfios 2008, Bengaluru (India), Series D	Provider of AI-driven platform for financial analysis, verification, and decisioning	$435M	Bessemer Venture Partners, Warburg Pincus ... & 30 others	63/100
10th	Quantexa 2016, London (United Kingdom), Series F	Developer of decision intelligence software for data analysis and management	$545M	GIC, Dawn Capital & 14 others	63/100
184th	Lumnion 2016, Istanbul (Turkey), Seed	AI-based risk management solutions for non-life insurance industry	$1.09M	Kuveyt Turk Portfolio, Hub GSYO & 9 others	37/100