Illuma Labs
PrivateLast Round
Debt
Feb 21, 2025
Total Funding Raised
$11.5M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Illuma Labs operates in Cybersecurity and is based in Plano, Texas. Its latest recorded funding round was a Debt round in February 2025.
Illuma Labs is a cybersecurity company that offers a voice authentication and fraud prevention platform designed for credit union and community bank call centers.
Sector
Cybersecurity
Verticals
Digital Identity, NLP & Conversational AI, Compliance & Risk, Customer Experience
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting, Government Contracts
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Illuma Labs Comparables
Compare Illuma Labs with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| ValidSoft | 84% | |
| VoxEQ | 83% | |
| My Voice AI | 81% |
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Illuma Labs Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Debt | Feb 21, 2025 | ||||
| Series A | Sep 10, 2024 | ||||
| Seed | Aug 22, 2022 | ||||
| Seed | Jun 13, 2022 | ||||
| Seed | Jun 24, 2021 |
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Key People
Founding team and executive leadership
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Illuma Labs Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Forefront Venture Partners | Series A |
| TDECU | Seed, Series A |
| Capital Factory | Series A |
| Next Level Ventures | Series A, Seed |
| Connexus Credit Union | Series A, Seed |
| Stifel Bank | Debt |
| LiveOak Ventures | Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 20, 2026
Monthly visitors increased 51% MoM.
- Mar 26, 2026
Won the NACUSO Next Big Idea competition.
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Recent news
Latest coverage and updates
- attends_eventOct 15, 2026
Illuma attends Finovate, where it wins Best of Show for its deepfake detection technology in 2025.
- recognized_asOct 12, 2026
Illuma is named one of four finalists by D CEO in the Innovation in Cybersecurity category of its 2027 Innovation Awards, which review more than 300 nominations.
- recognized_asSep 3, 2026
Illuma is a finalist for 'Executive Leadership - Technology Vendor' in the Credit Union Partners segment of the 2026 Credit Union Times Luminaries Awards, recognizing Founder and CEO Dr. Milind Borkar's leadership; winners are announced at the awards reception and dinner on Nov 5th '26 in Florida.
- recognized_asSep 3, 2026
Illuma is a finalist for 'Product Innovation - Advances in AI' in the Credit Union Partners segment of the 2026 Credit Union Times Luminaries Awards, with winners announced at the awards reception and dinner on Nov 5th '26 in Florida.
- recognized_asSep 3, 2026
Illuma is named a finalist for “Product Innovation - Advances in AI,” while its founder and CEO Dr. Milind Borkar is named a finalist for “Executive Leadership - Technology Vendor” in the Credit Union Partners segment of the 2026 Credit Union Times Luminaries Awards; winners are announced at the fifth annual awards reception and dinner on Nov 5th '26 in Florida.
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Illuma Labs Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Illuma Labs's valuation, stock price, and market status.
Is Illuma Labs a public or private company?
Illuma Labs is a private company.
What is the current stock price of Illuma Labs?
Illuma Labs is a private company, so its shares have no public market price. Caplight tracks Illuma Labs's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Illuma Labs worth (valuation)?
Valuation information for Illuma Labs is not publicly available.
Can I buy Illuma Labs stock?
Illuma Labs shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Illuma Labs's last funding round?
Illuma Labs's most recent funding round was Debt on February 21, 2025.
Who are the main investors in Illuma Labs?
Key investors in Illuma Labs include Connexus Credit Union, LiveOak Ventures.
Will Illuma Labs IPO soon?
No public IPO plans have been announced for Illuma Labs.
How can I track Illuma Labs secondary market activity?
Caplight tracks bids, offers, and trades in Illuma Labs's shares on secondary markets.