Luminovo provides an AI‑native, all‑in‑one platform that consolidates electronics supply‑chain data to automate quoting, optimize procurement, and manage risk for PCB assembly projects. The solution enables EMS teams to generate RFQs up to 90% faster and helps OEMs reduce material costs by about 5% through real‑time pricing intelligence and strategic sourcing tools.
Funding
$7.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
IIFounders
Product
Problem
Electronics manufacturers and EMS providers often struggle with fragmented supply‑chain data, slow RFQ turnaround, and limited visibility into component pricing, leading to delayed quotes, higher material costs, and missed revenue opportunities.
Solution
Luminovo offers an AI‑native, all‑in‑one platform that consolidates supply‑chain data, automates quoting, and optimizes procurement for printed‑circuit board assemblies (PCBAs). The system provides real‑time quoting intelligence for EMS teams, enabling up to 90% faster RFQ responses and higher win rates. For OEMs, procurement intelligence surfaces cost‑saving opportunities, delivering typical material cost reductions of around 5%. Integrated risk management, strategic sourcing, and supplier relationship modules help users anticipate shortages and mitigate supply‑chain disruptions. All functionalities are delivered through a single digital workflow accessible to sales, engineering, and procurement stakeholders.
Target Audience
Primary customers are electronics manufacturing services (EMS) firms and original equipment manufacturers (OEMs) across sectors such as automotive, medical devices, aerospace, and consumer electronics that need faster quoting and cost‑effective procurement of PCB assemblies.
Features
- AI‑driven quoting engine that auto‑generates RFQs, compares supplier offers, and accelerates turnaround by up to 90%
- Procurement analytics that identify cost‑saving opportunities across component catalogs and suggest optimal sourcing strategies
- Integrated risk (SCRM) module that monitors supplier health, geopolitical factors, and component availability to flag potential shortages
- Centralized PCB pricing database with real‑time market rates and historical trends for accurate cost estimation
- Unified dashboard for sales, engineering, and procurement teams to collaborate on sourcing, quoting, and order management
- API integrations with ERP, PLM, and CAD tools to synchronize BOM data and streamline workflow automation
- Security certifications (ISO 27001, SOC 2, ITAR‑registered) ensuring data protection and compliance for sensitive projects