Luminary raises $22m Series A to enter estate administration
Ten Coves Capital led Luminary’s $22m Series A, bringing total funding to nearly $32m.
Ten Coves Capital led the round, with BNY, Focus Financial Partners, Rockefeller Capital Management FinTech Innovation Fund, 8VC and Fin Capital participating. The Series A brings Luminary’s total funding to nearly $32m.
The company plans to advance AI capabilities and integrations, expand its commercial team and enter estate-administration workflows. Its existing customers include Caprock, IEQ Capital and Wealth Enhancement Group, giving the expansion a base in financial-advisory operations.
Use of funds
Advance AI capabilities and integrations
Enter estate-administration workflows
Expand commercial team