Lumi AI
Category: AI in Analytics & BI
A self-service, conversational analytics and insights platform that enables retail and supply chain companies to explore complex ERP data using plain language prompts. Lumi AI was founded in 2023. The company is led by Ibrahim Ashqar. Based in Toronto, Canada. Team size: 10-50. Total funding raised: $3.7M. Latest round: Seed. Key investors include AgFunder, Forum Ventures, ADQ, Strategic angel investors.
- Founded
- 2023
- Headquarters
- Toronto, Canada
- Team size
- 10-50
- Total funding
- $3.7M
Value proposition
Unlock actionable insights without needing technical skills—reducing data analysis time from days to seconds and uncovering hidden multi-million dollar opportunities
Products and solutions
Conversational analytics platform, Data visualization and custom report generation, Chat module for data exploration and insights extraction
Unique value
Empowers non-technical users to interrogate complex ERP data through natural language, democratizing data analytics.
Target customer
Mid-to-large consumer packaged goods companies, F10 retailers, and supply chain businesses
Industries served
Retail, Supply Chain, Consumer Packaged Goods (CPG)
Technology advantage
A conversational interface that integrates deeply with enterprise systems to deliver granular, actionable insights—drastically reducing analysis time.
How they differentiate
Focuses on a no-code, plain language interface specifically optimized for retail and supply chain analytics, unlike traditional dashboard-centric solutions.
Main competitors
DataGPT, ThoughtSpot, AnswerRocket
Key partnerships
AgFunder, Forum Ventures, ADQ, Strategic angel investors
Notable customers
Leading US supermarket chain, Top meal-kit provider, Top 4 consulting firm, Largest luxury retailer in the MENA region, Mid-sized CPG companies
Major milestones
Raised $3.7M in seed funding Expanded engineering and customer success teams Launched a groundbreaking conversational analytics platform
Growth metrics
Notable reductions in time-to-insight (from 7 days to 30 seconds) and the uncovering of multi-million dollar opportunities through data analysis
Market positioning
Positioned as a democratizing force in enterprise analytics, making insights accessible without technical expertise.
Geographic focus
Global, with significant traction in North America and the MENA region
Patents and IP
None
About Ibrahim Ashqar
Ibrahim Ashqar is a seasoned data and analytics leader with a strong background in scaling teams at high-growth startups and developing enterprise-level data products for Fortune 500 companies. His career includes key leadership roles at major logistics and supply chain technology companies like Flexport and Convoy, where he honed his expertise in leveraging data to drive operational efficiencies and uncover financial opportunities. Prior to his ventures in the tech industry, he was an Engagement Manager at the global consulting firm A.T. Kearney. He holds an MBA from the University of California, Berkeley, Haas School of Business, and a B.S. in Mechanical Engineering from The University of Texas at Austin. His extensive experience in both the corporate and startup worlds has culminated in his current role as the Co-Founder and CEO of Lumi AI, where he is focused on transforming how retail and supply chain companies interact with their data.
Official website: https://www.lumi-ai.com/