Lumos

Lumos is a leading provider of SaaS management and identity governance solutions. The company's core offering is an App Governance Platform that helps enterprises automate access requests, enforce least privilege access, streamline user access reviews, and eliminate unnecessary SaaS spending.

Lumos was founded in 2020 by Andrej Safundzic, Leo Mehr and Alan Flores-Lopez after they identified a major gap in the market - while there were unified authentication platforms like Okta, there was no unified authorization layer to manage employee access across the hundreds of SaaS apps used within companies.

The Lumos platform acts as an "internal AppStore" for enterprises, allowing employees to easily browse and request access to approved apps through a self-service portal. This increases workforce productivity by eliminating IT ticketing bottlenecks. IT teams benefit from automated provisioning, access reviews, and license removal for departed employees or inactive accounts.

Robust governance controls allow admins to configure granular access policies and approval workflows tailored to their organization's compliance requirements. Lumos integrates with identity providers like Okta as well as leading enterprise apps like Salesforce, AWS, Zoom and more.

Lumos' AI-powered SaaS management capabilities provide visibility into an organization's total software spend and usage metrics. This data empowers customers to optimize costs by removing redundant licenses, consolidating overlapping app capabilities, and negotiating better pricing from vendors.

In January 2023, Lumos announced its App Governance Platform which unified its identity governance and SaaS management capabilities into a single solution, reflecting its mission to eliminate technology silos across IT, security, compliance and finance teams.

Key customers and partnerships

Lumos serves a wide range of enterprise customers across industries like software (GitHub, MongoDB, Deel), media (Vox Media, BuzzFeed), sports leagues (MLB), EdTech (Chegg) and more. In customer case studies, companies reported impressive results like reducing IT tickets by 25%, automating 20% of tickets, and saving USD 230K+ in SaaS costs.

The company has raised over USD 65 million from leading investors including Andreessen Horowitz, Scale Venture Partners, Neo and Harpoon Ventures. It has also earned recognition as a Leader in multiple G2 reports for SaaS Management.