Lumina Analytics LLC, a Tampa technology company, has raised $1.47 million in an equity offering that brought new investors to the company.
So great was the internal interest from existing investors and team members, the company was not able to accommodate additional requests from new investors in that raise, said Jill Kermes, senior vice president, communications.
The new funding will be used for sales and marketing efforts, program management for new and existing clients, and an office expansion in Tampa, Kermes said. The company is currently hiring for five open positions.
Lumina Analytics is a predictive analytics company. Its artificial intelligence-driven platform, called Radiance, help keep people and places safe and secure through active and early detection of high-risk behavior. It draws much sought after, highly-skilled workers to Tampa-St. Pete, helping the region grow its technology sector.
A dozen accredited investors participated in the new raise, including Ithaka Partners, a family owned private investment firm with offices in Boca Grande, Florida and Boston, and Supply Chain Ventures, a Boston-based angel stage and early-stage venture capital partnership.
Other new investors are Thomas L. duPont, chairman and publisher of duPont Publishing Inc., and Dr. David Huang, a diagnostic radiology specialist in Tampa.
They join a lineup of well-known existing investors who include: Tampa Bay Lightning owner Jeff Vinik; former Florida Gov. Jeb Bush; Kathleen Shanahan, former chief of staff to Jeb Bush and vice president Dick Cheney and co-CEO of Turtle & Hughes; John Sykes, founder of Sykes Enterprises (NYSE: SYKE); Paresh Patel, chairman and CEO of Tampa insurer HCI Group Inc. (NYSE: HCI); Robert Rothman, chairman and CEO of Tampa investment group Black Diamond Capital and part of the Washington Redskins’ ownership group; and Jim Smith, former Florida Attorney General and Secretary of State.
Lumina Analytics also has an office in Washington, D.C.