Luma Financial Technologies has closed a $63 million Series C funding round led by Sixth Street Growth, with participation from Bank of America, Morgan Stanley, UBS, and TD Bank Group (lumafintech.com). The funding will help the Cincinnati‑ and New York‑based company scale its wealthtech platform for financial advisors, focusing on structured products and insurance solutions.
Founded in 2018, Luma offers workflows and analytics tools that simplify design, distribution, and administration of non-traditional investments such as annuities and structured notes. The Series C will accelerate product development, deepen market penetration in key U.S. and international advisor networks, and bolster customer support (lumafintech.com).
This capital raise reflects continued investor confidence in wealthtech innovation bridging advisors with alternative investment products. Institutional backing also provides validation that Luma’s tech addresses underserved advisor needs .
Why It Matters:
- Demonstrates sustained interest in B2B fintech tools beyond consumer apps.
- Institutional investors see strategic value in structured product platforms.
- Paves way for global expansion and future product integration.
