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Serena Ventures Leads $2.1 Million Funding Round to Propel Luminous ..

Written by Luminous Team | Jul 4, 2023 11:13:11 PM

Luminous, a new software company out of Utah, is thrilled to announce its recent partnership with Serena Ventures, a renowned venture firm founded by tennis champion Serena Williams. With Serena Ventures' strategic investment, Luminous is poised to accelerate its mission of revolutionizing the world of e-commerce by becoming the leading supply chain and inventory tool for businesses in this rapidly expanding sector.

Luminous recognizes the critical need for advanced, adaptable solutions in the e-commerce space. As e-commerce companies continue to experience exponential growth, they require agile and scalable platforms to effectively manage their supply chain and inventory operations. However, the existing market offerings fail to meet these evolving needs, either providing limited functionality or burdening businesses with over-implemented and inflexible systems.

By securing the support of Serena Ventures, Luminous is poised to bridge this gap and provide e-commerce businesses with a comprehensive yet nimble platform that aligns with their unique requirements. Serena Ventures' investment further validates Luminous' vision and positions the company as a frontrunner in transforming backend systems to match the evolution of modern e-commerce companies.

"We recognized a significant gap in the market when it comes to supply chain and inventory solutions for e-commerce companies," explains Jared Ward, CEO of Luminous.

"This investment from Serena Ventures will help propel us forward as we continue to innovate and provide cutting-edge solutions that empower the modern ecommerce business to thrive in this dynamic market."

"We are thrilled to partner with Luminous and be a part of their mission to transform the supply chain and inventory landscape in the e-commerce industry. Their innovative approach and commitment to empowering businesses aligned well with our values at Serena Ventures." - Serena Williams

As Luminous continues to innovate and collaborate with industry leaders, its vision of becoming the number one supply chain and inventory tool for e-commerce companies is rapidly becoming a reality.