FundedIQ
Financial Services

Illuma: Funding, Investors & Team (Sep 2026)

Illuma provides credit union service organizations with real-time voice authentication and fraud prevention solutions.

illuma.cx LinkedIn Plano, United States 11-50 employees
Total raised
$9.0M
Rounds
2
Latest
Undisclosed round
Feb 2025

Illuma has raised $9.0M across 2 funding rounds on record, the most recent an undisclosed round announced in Feb 2025.

Illuma Company Profile and Key Stats

Total funding raised
$9.0M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
Feb 2025
Employees
11-50
reported band
Headquarters
Plano, United States

Latest funding round on record: Feb 2025.

Illuma Funding Rounds

Date
Round
Amount
Undisclosed round
Undisclosed
Series A
$9.0M

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

Illuma raised $9.0M in a Series A announced in Sep 2024.

5 months later, an undisclosed round was announced in Feb 2025 with no disclosed amount.

Illuma Founders and Leadership Team

Name
Role
Contact
Milind Borkar
Founder
Locked

Contact details for the Illuma team: 1 of 1 has an email address on file.

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Illuma Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Funded Startups Like Illuma in Financial Services and Plano

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Illuma Funding FAQs

What does Illuma do?

Illuma provides credit union service organizations with real-time voice authentication and fraud prevention solutions.

How much funding has Illuma raised?

Illuma has raised $9.0M across 2 rounds on record.

When did Illuma last raise funding?

Illuma's most recent funding round on record was announced in Feb 2025. The amount was not disclosed.

Who founded Illuma?

FundedIQ lists Milind Borkar (Founder) at Illuma.

Where is Illuma headquartered?

Illuma is based in Plano, Texas, United States.

How many employees does Illuma have?

Illuma is in the 11-50 employee band.

About FundedIQ's Illuma Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Illuma is left off this page rather than filled in.

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