Lumina Foundation
Overview
Lumina Foundation is an independent, private foundation that is committed to making opportunities for learning beyond high school available to all. It is the largest philanthropy in the United States focused solely on this mission. While its primary function is grantmaking, the foundation also engages in impact investing through its arm, Lumina Impact Ventures (LIV). This initiative makes direct equity investments in early-stage, for-profit companies developing services and products that align with the foundation's goal of increasing postsecondary credential attainment, particularly for students of color and other underserved populations. The foundation also operates as an LP, investing in venture capital funds.
Portfolio Companies
10
Website
luminafoundation.orgInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| EdVisorly | Jul 2026 | Series A | Co-investor |
| Mentor Collective | Jan 2022 | Series A | Co-investor |
| Noodle | Jun 2020 | Series B | Lead |
| BestFit | Jul 2020 | Grant | Co-investor |
| Persistence Plus | Aug 2025 | Grant | Lead |
For institutional investors. Book with your work email.
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Lumina Foundation based?
Lumina Foundation is headquartered in Indianapolis, Indiana, United States.
When was Lumina Foundation founded?
Founding year information for Lumina Foundation is not publicly available.
How many portfolio companies does Lumina Foundation have?
Lumina Foundation has 10 portfolio companies in Caplight's dataset.
What are some companies in Lumina Foundation's portfolio?
Portfolio companies visible on Caplight include EdVisorly, Mentor Collective, Noodle, BestFit, Persistence Plus.
What was Lumina Foundation's most recent investment shown here?
Lumina Foundation's most recent investment in this portfolio sample was in EdVisorly in 2026.
What sectors does Lumina Foundation focus on?
Lumina Foundation focuses on Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Real Estate & PropTech, Real Estate & PropTech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure.
What company stages does Lumina Foundation focus on?
Lumina Foundation typically invests at the Early stage.
What is Lumina Foundation's AUM?
Lumina Foundation's assets under management are estimated between $1.4B and $1.4B.