Client advisory tech platform Lumiant turbocharges US push with $5.2m seed round

 Sydney-founded Lumiant has locked in US$3.5 million ($5.2 million) of seed funds in order to bolster its pursuit of the US market and develop a mobile version of its advice and client engagement platform.

Funding for the seed round came from Australian financial planning firm Invest Blue and returning investor US-based wealth management group Savant Wealth Management, and boosts the group’s capital raised to date to approximately $12 million.

Securing the funding comes shortly after Lumiant received an investment in January from legendary financial advisor Ric Edelman who founded investment advisory giant Edelman Financial Engines. The terms of that financial support were undisclosed.

Read More: https://www.businessnewsaustralia.com/articles/client-advisory-tech-platform-lumiant-turbocharges-us-push-with--5-2m-seed-round.html