Startup profile for Lumos: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Lumos funding, valuation and investors

SaaS identity governance — app access reviews, shadow IT discovery, and automated provisioning.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series B

$35M · May 2024

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$35M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

series b · San Francisco, California

Investors in latest funding

Lead: Scale Venture Partners

Other: Andreessen Horowitz

Sources: latest funding Last verified: 2026-07-25

Overview

Lumos is an enterprise identity governance platform helping IT and security teams discover shadow SaaS applications, automate user access reviews, and manage provisioning and deprovisioning across cloud apps. Founded in 2020, Lumos raised a Series A in May 2022 led by Andreessen Horowitz with Neo participating, followed by a $35M Series B in May 2024 led by Scale Venture Partners with a16z re-investing.

Why Lumos is interesting

Lumos automates the ugly middle of IT identity — who has access to which SaaS app — a16z led Series A and re-upped in Scale VP's $35M Series B (2024) as remote work exploded unmanaged app sprawl.

Product & use cases

Lumos connects to SSO, HRIS, and SaaS apps to map who has access to what, automate access requests and approvals, run periodic access reviews, and flag unused licenses and shadow IT purchases.

  • SOC 2 and ISO access review automation for compliance teams
  • IT discovering unsanctioned SaaS apps employees signed up for with corporate email
  • Automating onboarding/offboarding provisioning across dozens of cloud tools

Key facts

  • Series B (May 2024): $35M led by Scale VP; a16z re-upped (BusinessWire)
  • Series A (May 2022): led by a16z with Neo
  • Identity governance for SaaS app access reviews and shadow IT
  • Founded 2020; targets growth-stage companies scaling cloud app stacks

Funding history (newest first)

Series B

2024-05 $35M

Source: https://www.businesswire.com/news/home/202405/lumos-series-b

Series A

2022-05

Source: https://a16z.com/announcement/investing-in-lumos/

Investors in our directory

Funds linked from Lumos's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Scale Venture Partners Neo

Competitive landscape

Edge: Lumos targets mid-market and growth companies outgrowing manual spreadsheets but not ready for SailPoint complexity — faster time-to-value than legacy IGA suites.

Identity governance became mandatory post-remote-work SaaS sprawl. Lumos wins on UX and speed for companies with 50–500 apps; must expand upmarket as Okta and Microsoft bundle similar features.

  • Okta Identity Governance incumbent

    SSO leader adding governance modules; Lumos competes as best-of-breed SaaS access layer.

  • SailPoint incumbent

    Enterprise IGA standard; heavier implementation vs Lumos's SaaS-native UX.

  • Torii / Zylo adjacent

    SaaS management and spend optimization; overlap on discovery but less identity governance depth.

Notable stories

  • Lumos founders identified access reviews as the compliance task every startup dreads — quarterly spreadsheet audits of who still needs Salesforce seats — and automated the entire workflow.
  • a16z led Series A as identity governance moved from enterprise-only (SailPoint) to mid-market necessity after COVID remote work.

Industries

Enterprise SaaS Cybersecurity

FAQs about Lumos

Practical answers founders, operators, and investors typically search for.

Lumos provides SaaS identity governance — app discovery, access reviews, provisioning automation, and shadow IT visibility for IT and security teams.
Andreessen Horowitz (/fund/andreessen-horowitz) led Series A. Scale VP (/fund/scale-venture-partners) led the $35M Series B (2024) with a16z participating. Neo (/fund/neo) also invested.
Okta leads SSO authentication. Lumos focuses on governance — who has access to which apps, access reviews, and lifecycle management across SaaS stacks.
May 2024 — $35M led by Scale Venture Partners.
Finding unsanctioned SaaS apps employees signed up for using corporate credentials — a core Lumos feature for security teams.
Mid-market and growth companies with dozens to hundreds of SaaS apps needing SOC 2-compliant access reviews.
Series B stage as of May 2024.
Lumos integrates with SSO providers (Okta, Google) rather than replacing them — it adds governance on top.
No public profitability disclosure.
Compliance frameworks (SOC 2, ISO 27001) require periodic proof that only authorized users retain access to sensitive systems.
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