Mamatha Chamarthi's Lumiom seeks $3M to put enterprise AI on the P&L

A September 8th SEC filing reports that Lumiom sold a $100,000 SAFE to one investor toward its $3 million offering target.

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Primary source: U.S. Securities and Exchange Commission

Why it matters

The filing quantifies Lumiom's current financing: $100,000 sold toward a $3 million target, with the investor, valuation and SAFE terms undisclosed.

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Mamatha Chamarthi is seeking up to $3 million for Lumiom, the industrial enterprise AI business she founded this year. Lumiom's founder biography identifies her as founder and CEO and says she previously led software business growth at Stellantis. A Metis Strategy profile identifies her as a former CIO of Fiat Chrysler Automobiles.…

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