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Illuma Labs Raises $9M Series A Round

2024-09-11
PLANO, TX, Illuma Labs, a leader in voice authentication technology for banking contact centers, has secured $9 million in Series A funding.
The round was led by LiveOak Ventures, with participation from Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU. This investment will accelerate the development of Illuma's voice verification solutions, addressing threats like fraud, voice cloning, and deep fakes and expanding its reach to more credit unions and banks nationwide.

Illuma Labs' flagship product, Illuma Shield™, replaces traditional knowledge-based authentication practices with an effortless and secure real-time voice authentication solution to enhance caller experience, improve operational efficiency, and prevent fraud in credit union and community bank contact centers.
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