At Luminovo, we bring innovations faster to everyone by reducing the time and resources needed to go from an idea to a market-ready electronic product – currently offering the software solutions LumiQuote and Stackrate, and ultimately building the next-gen electronics software suite. With our skillset of intelligent software and deep learning, we aim to simplify and accelerate electronics development. LumiQuote and Stackrate do this by digitizing and automating the quotation process of EMS companies and PCB manufacturers, shortening weeks of work down to minutes. By facilitating seamless communication, companies can offer more competitive prices and increase their customer's satisfaction.
Company Description:
At Luminovo, we bring innovations faster to everyone by reducing the time and resources needed to go from an idea to a market-ready electronic product – currently offering the software solutions LumiQuote and Stackrate, and ultimately building the next-gen electronics software suite. With our skillset of intelligent software and deep learning, we aim to simplify and accelerate electronics development. LumiQuote and Stackrate do this by digitizing and automating the quotation process of EMS companies and PCB manufacturers, shortening weeks of work down to minutes. By facilitating seamless communication, companies can offer more competitive prices and increase their customer's satisfaction.
Video Pitch:
Country
Luminovo - The product suite
Germany
Year Founded
2017
Company Phase
Selling Phase
Please specify in what phase you are!
We are currently pushing the sales of LumiQuote and Stackrate at full speed in the DACH region and in first selected European markets. After having decided to pivot into a product-oriented SaaS start-up about two years ago, we have released the beta version of LumiQuote in February 2021 with innovative early adopters to further improve our product. Since then, we constantly added new features to LumiQuote to offer a unique first-class quotation and sourcing tool for EMS. Up to date, it is already used by over 25 customers in the electronics manufacturing space. Recently, we acquired Electronic Fellows, which has developed a state-of-the-art DfM and quotation tool for PCB suppliers.
Sebastian Schaal, one of our founders, has won the renowned "Manager of the Year" Award of the trade magazine "Markt&Technik" in the category "Startup". In the now seventh edition of the award, a total of over 7,000 experts from the electronics industry voted and chose the best managers in eight different categories. In addition, Luminovo's founding team has been awarded by various accelerators such as Xpreneurs, Plug & Play, Nvidia Inception and LMU Entrepreneurship.
