Fundraising Fox

Lumata Health

Oklahoma City, US · Founded 2017 · Delaware corporation · 103 employees on LinkedIn · 5 known investors

Find your way into Lumata Health

531 people in our graph share verified history with the Lumata Health team — schools, employers, funds. One of them is your warm intro.

Payal Divakaranunlockedknows Chris Jones · together at AristaMD (overlapped)
knows the team · via Lumata Health
×3knows the team · via The University of Georgia
knows the team · via Practicetek
×3knows the team · via The University of Kansas
knows the team · via Oklahoma City University

Lumata Health provides a Continuous Care program for eye care practices, helping patients stay on track with appointments and treatment adherence while addressing barriers to care. It supports ophthalmology and optometry practices in improving patient outcomes.

Founders & leadership

Lumata Health was founded in 2017 by Matt Wills, Stephen Fransen, and Dr. Fransen.

MWMatt Wills
Matt WillsinCo-Founder and PresidentHe previously co-founded a specialty infusion pharmacy that expanded nationally and was acquired, and an earlier foodservice startup that was also acquired; he also worked in investment banking and holds a CFA designation, BA from Oklahoma City University, and an MBA in international business and finance from a joint program between Oklahoma City University and Tianjin University of Finance and Economics.
SFStephen Fransen
Stephen FranseninChairman and Co-FounderStephen Fransen is a retina specialist with over thirty years of clinical experience in treating retinal diseases who earned his MD from the University of Manitoba in 1985 and completed ophthalmology residency and retina fellowship at the University of Oklahoma and Bascom Palmer Eye Institute respectively. He served as tenured associate professor of ophthalmology at the University of Oklahoma until 2022, founded a rural eye care program for American Indian communities in Oklahoma, and is chairman and co-founder of Lumata Health, which develops care management programs for eye care practices.
DF
Dr. Fransen
JM
J. Matthew WillsExecutive
LGLandon Grace
Landon GraceinChief Executive Officer
NANastran Andersen
Nastran AnderseninChief Growth OfficerNastran Andersen has spent nearly 30 years in healthcare, with experience spanning sales, marketing, and revenue operations roles at Fortune 10 companies and mid-sized firms. He has led go-to-market strategy, sales teams, digital marketing initiatives, and revenue forecasting in the healthcare IT sector.
DBDana Boyd
Dana BoydinChief of StaffDana Boyd spent over 12 years supporting founders and executive teams at growth-stage SaaS and healthcare technology companies in areas including strategy, operations, organizational design, and fundraising. She now serves as Chief of Staff at Lumata Health, a continuous care platform for eye care practices.
DBDeborah Brunson
Deborah BrunsoninVP of Human Resources
CJChris Jones
Chris JonesinVP of SalesChris Jones leads sales at Lumata Health, a continuous care platform for eye care practices. He has held sales leadership roles in healthcare software, including positions in laboratory software and telehealth solutions.

Board

MMMike Moradi
Mike Moradiin𝕏Board directorGeneral Partner at Cortado Ventures
EJ
Edward J. RappBoard director

Investors · 5

Reported raises · per SEC filings

Form D private placements

$35.4M disclosed across 3 rounds · 2022–2025

$23.3MraisedFeb 2025 · 40 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Stephen R. FransenExecutive Officer, Director
  • Mike MoradiDirector
  • Edward J. RappDirector
  • Landon R. GraceExecutive Officer, Director
  • J. Matthew WillsExecutive Officer, Director
Offering amount
$23.3M
Amount sold
$23.3M
First sale
Jan 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.2MraisedMar 2024 · 34 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Edward J. RappDirector
  • J. Matthew WillsExecutive Officer, Director
  • Stephen R. FransenExecutive Officer, Director
  • Mike MoradiDirector
  • Landon R. GraceExecutive Officer, Director
Offering amount
$5.5M
Amount sold
$5.2M
First sale
Sep 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.9MraisedOct 2022 · 47 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Landon R. GraceExecutive Officer, Director
  • Edward J. RappDirector
  • J. Matthew WillsExecutive Officer
  • Stephen R. FransenExecutive Officer, Director
Offering amount
$7.5M
Amount sold
$6.9M
First sale
Oct 2022
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Lumata Health for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Lumata Health do?
Lumata Health provides a Continuous Care program for eye care practices, helping patients stay on track with appointments and treatment adherence while addressing barriers to care. It supports ophthalmology and optometry practices in improving patient outcomes.
Who founded Lumata Health?
Lumata Health was founded by Matt Wills, Stephen Fransen, Dr. Fransen in 2017.
Who are Lumata Health's investors?
Lumata Health's investors include Cencora Ventures, Cortado Ventures, LRVHealth, McKesson Ventures, Wolfpack Investor Network.
How much funding has Lumata Health raised?
Lumata Health has disclosed $35.4M raised across 3 rounds.
Where is Lumata Health headquartered?
Lumata Health is headquartered in Oklahoma City, US.