Lumian

Lumian develops an IoT-based software-as-a-service platform that applies artificial intelligence to corporate energy management, covering energy provisioning, billing analysis and energy efficiency. The platform analyses a company's energy consumption patterns and recommends optimal business tariffs, and integrates with industrial devices and Automated Meter Reading Systems (AMRS) to support facility-level consumption analysis and optimisation. Services include real-time usage monitoring, invoice verification and forecasting, tariff recommendations, incentive and regulation notifications, alarms and detailed reporting.

The product is marketed on the website under the Digiterra brand as the "Energy of Things" platform, organised around four modules: an overview for real-time overall and device-level consumption monitoring and root-cause analysis; bill management for verifying current and past energy invoices, forecasting consumption and identifying optimal tariffs; alarms and reports; and AI-generated energy insights covering regulation updates and efficiency suggestions. The company states that customers can begin without hardware investment by analysing their bills, and that the software can be deployed in under five minutes. Supporting content includes case studies and a Digiterra Academy education resource.

Customer testimonials published on the site describe outcomes including a 20% increase in overall energy efficiency and a 15% improvement in solar generation at a pallet manufacturer, detection of up to 25% excess compressor energy usage at a plastics producer, work-order-level tracking of consumption, cost and carbon emissions, and a 20% gain in team operational efficiency at an engineering firm.

Founding story

Lumian was founded in April 2023 by Turkish entrepreneurs Batu Balkır and Emre Birol, and moved its headquarters to the United States soon after formation while continuing to operate in Turkey and Germany.

Business model

Lumian sells a business-to-business SaaS subscription for energy management, offered with a free trial and demo-led onboarding. The core product requires no hardware purchase — customers can start from invoice analysis alone — while IoT-enabled device-level tracking is available where hardware is deployed, extending the platform to machine- and work-order-level consumption monitoring.

Revenue derives from subscriptions to the SaaS energy management platform, entered via a free trial, with optional IoT hardware-based device tracking for customers requiring device- or work-order-level monitoring.

Traction

Reported customers include Pakmaya, Tebplast-Rosti, Polmar, Balorman, Gençler Kablo and Başoğlu Kablo. Published customer statements cite a 20% increase in overall energy efficiency and 15% gain in solar production at Palet Global, savings of over 500,000 Turkish lira on electricity invoices at Sarpplas through tariff correction, identification of up to 25% excess compressor energy consumption at Polmar, and a 20% rise in operational efficiency at Teknik İnovasyon.

Latest developments

Following its January 2024 pre-seed round from DOMiNO Ventures and İsmail Ferhat Özlü, the company said it would use the capital to increase sales volume in Turkey and Germany and expand in global markets for AI-driven energy management. The platform is currently presented publicly under the Digiterra brand, with contact through hello@digiterra.ai, an ISO 27001 certificate cited for information security, and a real-time chat assistant described as forthcoming.