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Luminar Technologies - About the company

Luminar Technologies is an acquired company based in Orlando (United States), founded in 2012 by Jason Eichenholz, Austin Russell and Austin Russell. It operates as a Developer of LiDAR-based sensors for autonomous vehicles. Luminar Technologies has raised $306M in funding from investors like Volvo Cars, Canvas Ventures and 1517 Fund, with last known valuation of $3.4B. The company has 110 active competitors, including 35 funded and 22 that have exited. Its top competitors include companies like Ouster, Innoviz and Hesai Technology.

Sectors and market segments that Luminar Technologies operate in

Luminar Technologies serves in the Auto Tech, Semiconductors market segments.The primary business model of Luminar Technologies are:

Company Details

Developer of LiDAR-based sensors for autonomous vehicles. It develops hardware and proprietary software-enabled LiDARs, which can be configured with multiple sensors for autonomous driving. It comprises fiber lasers, scanners, receivers, and processing electronics. It offers a slim designed roofline attached to customized sensors. It provides hardware-integrated perception software for object detection. It offers features like the detection and classification of objects in a long-range, and the detection of the velocity of an object in 3D.
Social
X
Registered Address
Orlando, Florida
Key Metrics
Founded Year
2012
Location
Orlando, United States
Stage
Acquired
Total Funding
$306M in 6 rounds
Last Known Valuation
$3.4B as on Sep 08, 2020
Investors
Ranked
Annual Revenue
$66M as on Dec 31, 2025
Employee Count
353 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Quantum Computing (Dec 15, 2025)

Luminar Technologies's acquisition details

Luminar Technologies got acquired by Quantum Computing on Dec 15, 2025 at an acquisition amount of $*****.
Click here to take a look at Luminar Technologies's acquisition in detail
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Luminar Technologies's funding and investors

Luminar Technologies has raised a total funding of $306M over 6 rounds. Its first funding round was on Apr 13, 2017. Its latest funding round was a Post IPO round on Jan 17, 2022 for an undisclosed amount. 1 investor participated in its latest round. Luminar Technologies has 28 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Luminar Technologies:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 17, 2022
Undisclosed
Post IPO
-
-
-
Oct 30, 2020
Undisclosed
Series C
-
-
-
Sep 08, 2020
$170M
Series C
$3.4B
237.3x
-
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Luminar Technologies' founders and board of directors

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The founders of Luminar Technologies are Jason Eichenholz, Austin Russell and Austin Russell. Austin Russell is the CEO of Luminar Technologies.
Here are the details of Luminar Technologies' key team members:

Luminar Technologies' employee count trend

Luminar Technologies has 353 employees as of Mar 26. Here is Luminar Technologies's employee count trend over the years:
Employee count trend for Luminar Technologies
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Luminar Technologies's Competitors and alternates

Top competitors of Luminar Technologies include Ouster, Innoviz and Hesai Technology. Here is the list of Top 10 competitors of Luminar Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Ouster
Ouster
2015, San Francisco (United States), Public
Manufacturer of lidar sensors, perception software, and solutions for autonomy
$140M
77/100
2nd
Logo for Innoviz
Innoviz
2016, Rosh Haayin (Israel), Public
Developer of LiDAR sensors and perception software for autonomous vehicles
$252M
74/100
3rd
Logo for Hesai Technology
Hesai Technology
2014, Shanghai (China), Public
Developer of LiDAR-based sensors for autonomous vehicles
$599M
72/100
4th
Logo for Aeva
Aeva
2016, Mountain View (United States), Public
Provider of LiDAR-based sensors for autonomous vehicles
$560M
71/100
5th
Logo for Luminar Technologies
Luminar Technologies
2012, Orlando (United States), Acquired
Developer of LiDAR-based sensors for autonomous vehicles
$306M
71/100
6th
Logo for PATEO
PATEO
2009, Shanghai (China), Public
Saas & AI enabled infotainment solutions for connected vehicles
$639M
70/100
7th
Logo for Quanergy Com
Quanergy Com
2012, Sunnyvale (United States), Public
Provider of AI-driven LiDAR sensing solutions
$160M
67/100
8th
Logo for Seyond
Seyond
2016, Sunnyvale (United States), Public
LiDAR sensor developers
$160M
65/100
9th
Logo for Cepton
Cepton
2012, San Francisco (United States), Acquired
Developer of perception solutions for safe and autonomous transportation applications
$100M
64/100
10th
Logo for RoboSense
RoboSense
2014, Shenzhen (China), Public
Developer of perception solutions, LiDAR sensors, and robotic hand-eye coordination
$45M
64/100
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Luminar Technologies's Investments and acquisitions

Luminar Technologies has made 2 investments in companies including ECARX and RRAI. Luminar Technologies has also acquired 3 companies including Civil Maps and Freedom Photonics.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 04, 2023
Acquisition
2015
San Francisco (United States)
Jul 21, 2022
Investments
2017
Mar 21, 2022
Acquisition
2005
Santa Barbara (United States)
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News related to Luminar Technologies

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Media has covered Luminar Technologies for a total of 36 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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FAQs about Luminar Technologies

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