Lumos

Lumos

SaaS management and identity governance platform

About

Lumos provides a platform for managing software applications, user access, and vendor relationships, specifically designed for IT and security teams. The platform automates routine tasks such as access provisioning and user access reviews, which helps reduce the workload on these teams and allows them to focus on more strategic initiatives. Unlike many competitors, Lumos emphasizes integration and automation, which leads to significant cost savings and improved efficiency for its clients. The goal of Lumos is to streamline IT operations, enhance security measures, and ensure compliance with various audit standards, ultimately helping organizations save time and reduce operational costs.

Company Stage

Series B

Employees

51-200

Industries

Enterprise Software, Cybersecurity

Total Funding

$63.2M

Headquarters

Palo Alto, California

Founded

2020


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Simplify's Take

What believers are saying

  • Acquisition of Fastgen's technology enhances Lumos's identity lifecycle management capabilities.
  • Winning the 2024 SINET16 Innovator Award boosts Lumos's industry credibility.
  • $35M Series B funding supports growth and expansion in SaaS and identity management.

What critics are saying

  • Integration challenges with Fastgen's technology could delay product rollouts.
  • New leadership may lead to strategic misalignments affecting company culture.
  • Rapid growth may strain resources, risking potential service disruptions.

What makes Lumos unique

  • Lumos offers a unified platform for SaaS management and identity governance.
  • The platform automates routine IT tasks, reducing burnout and enhancing efficiency.
  • Lumos provides granular user access reviews for compliance with standards like SOX and ISO 27001.

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Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

-3%

Benefits

💯 Remote work culture

💯 Medical, Vision, & Dental coverage covered by Lumos

🛩 Quarterly team bonding trips fully covered by Lumos + Annual bonding stipend for even more travel flexibility

💻 Optimal WFH setup to set you up for success

🌴 Unlimited PTO, with minimum time off to make sure you are rested and able to be at your best

👶🏽 Up to (4) months off for both the Birthing & Non-birthing parent

💰 Wellness stipend to keep you awesome and healthy

🏦 401k contribution plan

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