Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Digital Lumens

Explore full profile

Radical energy efficiency and creating a platform for distributed building intelligence

Worcester, United StatesFounded 2008Energy
Valuation $100–250M Last recorded · 2014
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Digital Lumens and the history behind them.

About Digital Lumens

Founded in 2008 by a team of engineers and entrepreneurs, Digital Lumens carved out a niche in the industrial internet of things (IIoT) sector. The company originated from research conducted at the Massachusetts Institute of Technology (MIT). The founding team included Brian Chemel, who brought his experience from developing network protocols and managing engineering teams, and Dr. Colin Piepgras, whose background lies in electrical engineering and power electronics. In 2017, the German lighting giant OSRAM acquired Digital Lumens, integrating it into its portfolio of digital lighting and IoT solutions. This acquisition provided Digital Lumens with substantial resources and a global platform to expand its market reach. Following the acquisition, the company continued to operate as a distinct brand within the OSRAM ecosystem, eventually becoming part of ams OSRAM. Digital Lumens provides intelligent lighting systems and IoT sensors for industrial and commercial facilities. The company’s primary offering is SiteWorx, an IIoT platform that combines lighting, sensors, and software to gather and analyze data from the physical environment. This platform is designed to help facility managers and operations leaders improve safety, optimize processes, and reduce energy costs. The system utilizes a network of smart LEDs and various sensors that monitor conditions such as occupancy, temperature, humidity, and power consumption. This data is then processed and visualized through the SiteWorx application suite, offering actionable insights for facility management. The business model revolves around selling this integrated hardware and software solution to clients in sectors like manufacturing, warehousing, and logistics. Revenue is generated through the sale of the physical lighting and sensor hardware, coupled with recurring software and data service subscriptions for the SiteWorx platform. The key benefit for clients is a significant reduction in lighting-related energy consumption, often by as much as 90%, alongside the operational intelligence gained from the environmental and operational data collected by the sensor network. This dual value proposition—energy savings and data-driven insights—forms the core of its market positioning.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2008
Headquarters
Worcester, United States
Employees
39
Open positions
None listed
Dealroom signal
61.7/100
Industry
Energy
Sector
Energy, Sustainable Development Goals, Industrial Technology, Industrial Connectivity, Manufacturing Tech, Climate Tech, Manufacturing, Hard Tech
Technology
IoT InternetOfThings, Recognition Technology
Business model
Manufacturing
Client focus
b2b

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Apr 2023 $0 — SiteWorx Software ↗
ACQUISITIONOther financing Sep 2017 $0 — Osram ↗
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Digital Lumens website traffic

Latest recorded traffic for Digital Lumens is 1.4K monthly website visits, up 27.3% over the last three months. Digital Lumens's team grew 0% over the past year.

Latest monthly visits1.4K 3-month web change+27.3% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

8 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later3 investors entered at this stage

Other known investors2 additional known investors

  • Osram
  • SiteWorx Software
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Worcester HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Digital Lumens on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Digital Lumens’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.