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Luma Financial Technologies raises $63 million in a Series C round led by Sixth Street Growth, with participation from Bank of America, Morgan Stanley, UBS, and TD Bank Group. The funding supports Luma’s global expansion, product innovation, and advisor support capabilities. Alex Goodman of Sixth Street Growth joins the company’s Board of Directors following the investment.
A Power Move in Fintech: What Luma Just Pulled Off
Luma Financial Technologies has finalized a $63 million Series C funding round, marking a significant step in its growth trajectory. Sixth Street Growth led the round, joining a group of existing strategic investors that includes Bank of America, Morgan Stanley, UBS, and TD Bank Group. The new financing adds to Luma’s previous rounds and reinforces institutional confidence in its platform.
The company plans to use this capital to accelerate market expansion, strengthen product development, and broaden support for its global client base. The firm remains headquartered in Cincinnati, Ohio, with additional offices in New York, Miami, Zurich, and Lisbon.
Why the Industry Is Paying Attention to This Deal
Luma operates a platform designed for structured products and insurance solutions. Its infrastructure is tailored to broker/dealer firms, RIA offices, and private banks that seek to streamline how they learn about, analyze, and manage alternative investments and annuities.
The funding comes at a time when market demand for customizable investment platforms is rising. Luma’s multi-product architecture enables independent navigation of the investment lifecycle—an increasingly essential feature for financial institutions adapting to digital wealth trends.
Meet the Heavyweights Behind the Funding Round
Sixth Street Growth, the dedicated growth investment platform of global investment firm Sixth Street, led the Series C round. With over $100 billion in assets under management and committed capital, Sixth Street has invested more than $10 billion in 70+ companies through its Growth franchise.
Other participants in the funding round include:
- Bank of America
- Morgan Stanley
- UBS
- TD Bank Group
In conjunction with the investment, Alex Goodman, Principal at Sixth Street Growth, has joined Luma’s Board of Directors.
How Luma Plans to Spend the $63 Million
The additional capital will support several core initiatives:
- Expanding into new and existing global markets
- Advancing product innovation and integration capabilities
- Enhancing support systems for institutional and retail advisors
- Strengthening platform infrastructure and client services
These priorities are aligned with Luma’s stated focus on growth while maintaining its commitment to product neutrality and client-centric services.
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Why Structured Products Are Gaining Ground in 2025
Luma’s continued traction aligns with increased interest in alternatives and structured notes among wealth managers. As firms seek differentiated investment strategies, platforms that offer operational efficiency, transparency, and flexibility are seeing higher adoption.
Luma facilitates full-cycle engagement—from education and product creation to pricing, electronic order entry, and post-trade management—on a single interface. Its tools are designed to streamline workflows while meeting growing demands for tailored investment solutions.
Where Luma Stands in the Competitive Fintech Race
Luma differentiates itself through its end-to-end, independent platform supporting multiple issuers, wholesalers, and investment products. This structure gives advisors the tools to align portfolio construction with specific client goals across jurisdictions.
Its presence in global financial hubs including Zurich and Lisbon extends its accessibility to international institutions. The platform’s breadth of services includes:
- Structured product design and pricing
- Training and educational materials
- Digital execution and life-cycle tracking
The company’s approach enables integration across diverse investment teams and operating models.
How This Funding Round Shapes the Next Phase of Growth
The closing of the Series C round is a strategic move that enhances Luma’s ability to meet surging demand for platform-based investment tools. It signals sustained momentum and investor alignment around Luma’s market role.
CEO Tim Bonacci emphasized that the raise reflects partner confidence in Luma’s long-term strategy. According to Michael McGinn, Co-Head of Sixth Street Growth, platforms like Luma are becoming foundational infrastructure within wealth management, driven by the need for objective, scalable solutions.
With this funding secured, Luma prepares to intensify its expansion and development efforts while maintaining the strategic focus that has shaped its trajectory since its founding in 2018.
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