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LUMKANI logo — Safer Together

LUMKANI

Safer Together

Founded 2014 South Africa South Africa 77 employees Series Unknown Consumer Electronics, Information Technology +1

General Information

Company Name LUMKANI
Founded Year 2014
Location South Africa South Africa +2
Employees 77
Industries Consumer Electronics, Information Technology, Insurance
Funding Stage Series Unknown
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About LUMKANI

LUMKANI is a social enterprise based in South Africa with a mission to mitigate the loss of life and property caused by slum fires, not only in South Africa but across the globe. The company has distributed a networked early warning fire detection system to over 40,000 homes in informal settlements across South Africa, successfully reducing the spread of fires for over four years and limiting fires from spreading beyond the first home in 71% of cases. In 2014, Lumkani partnered with local NGOs, international aid organizations, and corporations to reach high fire risk households. In 2022, Lumkani took the next step in providing security against fire by partnering with Hollard Insurance, a renowned name in the insurance industry. Through this partnership, they offer household insurance against fire to informal homes. Additionally, the company has agent networks distributing both the fire detection and fire insurance products in some of the highest fire risk areas of South Africa, covering the challenges of shack fires and enabling financial inclusion through innovative IoT technology. The last investment, a Venture Round investment, was secured on 03 June 2022 and the investors involved were Hollard Insurance and Yellowwoods. Lumkani's cross-sector collaborations, innovative solutions, and focus on sustainable change position it as a significant player in the Consumer Electronics, Information Technology, and Insurance industries.

Taxonomy: fire safety, financial inclusion, informal settlements, community safety, innovation, networked systems, insurtech, microinsurance, impact-focused, social enterprise, South Africa-based, poverty alleviation, technology, resilience

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round •••••• 2 •••• •••• 03 Jun 2022
Seed Round •••••• 3
Investor Investor
•••• •••• 		08 Jun 2018
Seed Round •••••• 1 •••• •••• 02 Mar 2015

LUMKANI Alternatives & Competitors

LUMKANI vs
Eagle Fire Inc.
Eagle Fire Inc. United States

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LUMKANI vs
Danfoss Fire Safety A/S
Danfoss Fire Safety A/S Denmark

Engineering a safer tomorrow for people and assets in buildings, industry and the marine sector.

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LUMKANI vs
Fire and Emergency NZ
Fire and Emergency NZ New Zealand

We’re here to help in an emergency and protect what matters most to you. Official LinkedIn page of F...

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Also compare with: LUMKANI vs US Fire Pump US Fire Pump

FAQ About LUMKANI

Safer Together
LUMKANI was founded in 2014.
LUMKANI is headquartered in South Africa.
LUMKANI operates in the following industries: Consumer Electronics, Information Technology, Insurance.
LUMKANI has approximately 77 employees.
LUMKANI has completed 3 funding rounds. The latest funding stage is Series Unknown.
Top alternatives and competitors to LUMKANI include Eagle Fire Inc., Danfoss Fire Safety A/S, Fire and Emergency NZ, US Fire Pump, SHA Risk Specialists. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
LUMKANI and Eagle Fire Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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