Bridgepoint to back LumApps as majority investor for its next stage of growth
(May 28, 2024) LumApps is thrilled to join forces with Bridgepoint, one of the world's leading quoted private asset growth investors, for its next phase of Growth.
Bridgepoint will make a strategic investment in the leading next-generation intranet provider in its next stage of growth, focusing on international expansion, product innovation and accelerating M&A opportunities.
Sébastien Ricard, CEO of LumApps, said:
This strategic partnership with Bridgepoint represents a logical and significant step in LumApps' growth trajectory, following our successful Series A, B and C rounds and achieving profitable growth. As we enter this next phase, we are poised to accelerate our growth and innovation across key areas of our business. This includes advancing our leadership in packaged intranet solutions and expanding into the broader employee experience market with AI-powered tools build the only solution centralising Communications, Collaboration and Learning in the same place. With Bridgepoint as a partner, we are well-equipped to continue to invest in this innovation and shape the future of workplace engagement and collaboration.