Lumiform is an easy-to-use safety inspection and audit app. Here’s the10-slide pitch deck it used to raise $6.5 million in Series A funding.
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- Berlin-based Lumiform has raised a $6.5 million Series A from Capnamic.
- The startup enables companies to carry out safety inspections through its app.
- Check out the 10-slide deck used to raise the funds.
A startup that enables companies to conduct safety inspections digitally through an app has raised $6.5 million in Series A funding.
Berlin-based Lumiform bills itself as a tool for making companies compliant in creating safe workplaces. The startup automates the inspection process by digitizing records and removing the need for companies to manually carry out these paper-based processes.
“It takes a lot of time for companies and they usually leave out steps,” said cofounder and CEO Lukas Blasberg. “Companies don’t always make sure all the tasks are done, so they then have quality issues and work accidents.”
Lumiform has designed over 12,000 ready-to-use checklists for a range of inspections, from safety checks at construction sites to hygiene documentation at food chains, and gives companies access to an app through which they can document and conduct these checks.
It has also created a troubleshooter platform through which users can collaborate over a task if there’s an issue. At the end of the process, companies receive an automated report, as well as access to real-time data about the safety of the workspace, which they can share with stakeholders.
“The data is completely encrypted from Lumiform’s side, but it’s stored on our servers and GDPR compliant,” said Blasberg. Companies can also request for the data to be transferred to their servers.
Lumiform offers a free plan to users, with limited functionality, as well as a professional plan which costs €20 per user per month. To date, it has been used by over 30,000 organizations across 188 countries.
When Blasberg first started fundraising in April, the process was initially “very smooth.” But the “mood in the market switched up soon” with investors dropping off amid a downturn in the global tech landscape, he told Insider.
Lumiform’s round was led by German VC firm Capnamic, which has previously backed workplace management platform Capmo and workplace coaching platform Sharpist, with participation from Equitypitcher, Westtech Ventures, and Exxeta AG. Prominent angel investors, including founders of software marketer Adjust, Christian Henschel and Paul Müller, and the founders of consumer intelligence platform Talkwater, Christophe Folschette and Thibaut Britz, also backed the round.
“The largest contributor and backbone of the world economy is the deskless worker,” said Olaf Jacobi, managing partner at Capnamic. “Yet to date, this group has remained largely untouched by the recent waves of digitalization.”
With the fresh funds, Lumiform will invest into its product and marketing teams as it boosts its customer base globally.
Check out the 10-slide deck used to raise the fresh funds.