Fundraising Fox

OnLume

Madison, US · Founded 2015 · Wisconsin corporation

Healthtech

Founders & leadership

CG
Carl GulbrandsenNamed on SEC filing
BT
Benjamin TitzNamed on SEC filing
KW
Kevin W. EliceiriNamed on SEC filing
TR
Thomas R. MackieNamed on SEC filing
AJ
Adam J. UselmannNamed on SEC filing
AV
Andreas VeltenNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$11.1M disclosed across 4 rounds · 2019–2022

▶$2.8MraisedJan 2023 · 14 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin W. EliceiriDirector
  • Andreas VeltenDirector
  • Michael LuzichDirector
  • James A. BowmanExecutive Officer
  • Adam J. UselmannExecutive Officer, Director
  • Benjamin TitzDirector
  • Thomas R. MackieDirector
Offering amount
$6M
Amount sold
$2.8M
First sale
Dec 2022
Incorporated
Corporation, Wisconsin
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6.6MraisedJan 2021 · 26 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl GulbrandsenDirector
  • Benjamin TitzDirector
  • Kevin W. EliceiriDirector
  • Thomas R. MackieDirector
  • James A. BowmanExecutive Officer
  • Andreas VeltenDirector
  • Adam J. UselmannExecutive Officer, Director
Offering amount
$7.3M
Amount sold
$6.6M
First sale
Dec 2020
Incorporated
Corporation, Wisconsin
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$364.6KraisedMar 2020 · 4 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Andreas VeltenDirector
  • Thomas R. MackieExecutive Officer, Director
  • Kevin W. EliceiriDirector
  • Benjamin TitzExecutive Officer, Director
  • Carl GulbrandsenDirector
  • Adam J. UselmannExecutive Officer, Director
Offering amount
$1M
Amount sold
$364.6K
First sale
Feb 2020
Incorporated
Corporation, Wisconsin, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.4MraisedAug 2019 · 10 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl GulbrandsenDirector
  • Benjamin TitzExecutive Officer, Director
  • Kevin W. EliceiriDirector
  • Thomas R. MackieExecutive Officer, Director
  • Adam J. UselmannExecutive Officer, Director
  • Andreas VeltenDirector
Offering amount
$1.4M
Amount sold
$1.4M
Proceeds to insiders
$54K
First sale
May 2019
Incorporated
Corporation, Wisconsin, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$1.9M
National Institutes of Health (NIH)National Institutes of HealthPhase I2016$300K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

OnLume Surgical Gains $7M to Help Launch Its Imaging Systemstartupsavant.com · Jul 2024OnLume of Madison raises $7 million; Milwaukee's COnovate raises first investment round - Milwaukee Business Journalbizjournals.com · May 2021OnLume Surgical raises $7m funding to market FGS imaging systemnsmedicaldevices.com · May 2021OnLume Surgical Closes $7M Series A Financing - FinSMEsfinsmes.com · Apr 2021Madison Wisconsin based OnLume is raising $7,346,475.00 in New Equity and Debt Financing. - intelligence360intelligence360.news · Jan 2021OnLume raises funds for system that makes fluorescence image-guided surgery possible under bright lights - Silicon Prairie Newssiliconprairienews.com · Jun 2019

Frequently asked questions

How much funding has OnLume raised?
OnLume has disclosed $11.1M raised across 4 rounds.
Where is OnLume headquartered?
OnLume is headquartered in Madison, US.