Cumul.io NV

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Cumul.io NV - overview

Established

2015

Location

Leuven, -, Belgium

Primary Industry

Software

About

Cumul. io NV develops innovative analytics solutions tailored for Software as a Service (SaaS) platforms, enabling businesses to integrate customizable data insights directly into their applications. Cumul. io NV, founded in 2015, is based in Leuven, Belgium.


The company specializes in customer-facing analytics, helping product teams embed analytics into their software solutions. The founders, Haroen Vermylen, Karel Callens, and Thomas De Clerck, previously collaborated on analytics-related projects. Cumul. io has successfully completed 4 funding rounds, with the latest being a Series A round in January 2023, where it raised EUR 10 million from lead investor Hi Inov - Dentressangle and other participants including Axeleo, LRM, and SmartFin.


This funding has raised the total amount secured by the company to EUR 10 million. Cumul. io NV provides advanced analytics solutions for SaaS platforms. Its primary offerings include Luzmo Studio, Luzmo Flex, and Luzmo IQ, which allow users to create customizable dashboards and data insights integrated into their applications.


Luzmo Studio facilitates rapid dashboard design with a drag-and-drop interface, while Luzmo Flex gives developers extensive capabilities for bespoke analytics. Luzmo IQ utilizes artificial intelligence to enable natural language data queries. The company serves a varied clientele across North America, Europe, and Asia, catering to product teams and developers. In 2023, Cumul.


io reported an EBITDA of EUR -2,669,909. 60. The company generates revenue primarily through subscription models for its analytics products, allowing clients to access Luzmo Studio, Flex, and IQ via tiered plans suitable for diverse user needs. This model supports partnerships with SaaS providers, embedding Cumul.


io's solutions to enhance client offerings. In January 2023, Cumul. io NV raised EUR 10 million in Series A funding to expand its global team and penetrate international markets. The funding aims to support the company’s growth strategy, including the development of new products and enhanced services for its analytics platforms.


Specific target regions for expansion have yet to be disclosed.


Current Investors

Smartfin, LRM, Hi Inov - Dentressangle

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Application Integration Software

Website

www.cumul.io

Verticals

Cloud Computing

Company Stage

Series A

Total Amount Raised

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