Lumion Raises $10.7 Million Seed Investment to Power the Future of Skilled Education

Lumion (Sandy, UT), a SaaS platform for trade and technical schools, raised $10.7 million in seed funding to expand its all-in-one solution for enrollment, payments, and student management amid surging demand for skilled workforce education.

Mark Tullis

Jun 16, 2025 - 2 min read

Sandy, UT — June 16, 2025

Lumion is a Sandy, Utah-based SaaS company founded in 2020 as an all-in-one operating system for career and trade schools. The company specializes in providing fair education payment solutions specifically tailored for Trade and Technical schools, offering income-based payment plans and zero-interest options. The company targets educational institutions seeking innovative payment solutions.

Today the company announced it has raised $10.7 million in seed funding led by TTV Capital (Atlanta, GA), with participation from Tusk Venture Partners (New York), CreativeCo Capital (Charlotte, NC), Nine Four Ventures (Chicago), Innovating Capital (Greenwich, CT), and the State of Wyoming.

The raise comes at a critical moment for the U.S. labor market. With a nationwide shortage of skilled workers and enrollment in trade and technical programs now outpacing traditional four-year colleges, Lumion is positioned as the infrastructure layer enabling schools to scale. The platform streamlines the entire student lifecycle—from lead capture and enrollment to tuition management and alumni outcomes.

“Trade schools have been managing essential workflows through spreadsheets, fragmented CRMs, and outdated SIS systems,” said Joshua Hagani, CEO of Lumion. “Lumion replaces that patchwork with a unified platform that drives student success at every stage.”

Originally launched as Mia Share to address student financing, Lumion has since evolved into a full-scale SaaS solution for trade and technical schools. In the past year, the company has tripled its revenue, customer base, and headcount. Today, Lumion supports over 100,000 students across 260+ schools in more than 29 industries.

The Lumion platform features three core product lines:

Enrollment: A centralized lead-to-student flow with built-in applications, scheduling, communications, and onboarding tools—all from the school’s website.
Payments: Students are guided through available payment options—including upfront payments, a lending marketplace, and school-managed plans. Lumion also handles collections and servicing, boosting enrollment and retention.
Student Information System (SIS): Robust reporting across the student lifecycle gives school operators a clear view of performance and outcomes.

The seed round was extended in late 2024 to accommodate excess investor interest, bringing Tusk Venture Partners on board to help accelerate Lumion’s market expansion and ongoing product development.

Key milestones to date include:

140,000+ tuition payments processed
1,690 school administrators supported
$20 billion in estimated human capital impact
35 employees and growing, based in Sandy, Utah

As government policy increasingly favors workforce development and traditional higher education continues to falter, Lumion is fast becoming the system of record for trade and technical education.

Learn more at joinlumion.com.