Luma AI revenue and valuation

Specter estimates Luma AI's annual revenue at $119M to $280M and its valuation at $3.06B to $5.62B. The company was priced at $4B in November 2025.

Updated
Estimated revenue
$119M–$280M
Estimated valuation
$3.06B–$5.62B
Total funding
$1.06B
Founded
2021
Headquarters
Palo Alto, United States
Employees
497

Luma AI revenue

Specter's model puts current revenue between $119M and $280M.

Line chart of Specter's estimate of Luma AI's revenue by month from June 2024 to October 2026, rising from $29M to $200M, with a shaded range that puts it at $119M to $280M today.
Est. revenueConfidence intervalReported revenue
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Monthly data
Luma AI estimated revenue by month
MonthSpecter estimateLowHighReported revenue
$200M$119M$280M
$177M$115M$240M
$165M$109M$220M
$164M$101M$230M
$160M$96M$220M
$220M$104M$330M
$171M$86M$250M
$149M$71M$230M
$151M$68M$230M
$144M$66M$220M
$149M$70M$230M
$140M$76M$200M
$88M$36M$141M
$94M$35M$152M
$96M$32M$160M
$97M$35M$159M
$86M$35M$138M
$80M$30M$130M
$88M$32M$144M
$77M$30M$124M
$87M$38M$137M
$81M$38M$125M
$83M$37M$129M
$62M$23M$101M
$59M$19M$99M
$49M$18M$80M
$53M$24M$83M
$60M$34M$86M
$29M$13M$45M

Luma AI valuation

Luma AI was valued at $4B at its Series C in November 2025. Specter's live estimate sits between $3.06B and $5.62B.

Line chart of Specter's estimate of Luma AI's valuation by month from June 2024 to October 2026, rising from $580M to $4.15B, with a shaded range that puts it at $3.06B to $5.62B today. One priced funding round is marked, the latest a Series C at $4B in November 2025.
Est. valuationConfidence intervalFunding roundUndisclosed roundNews
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Monthly data
Luma AI estimated valuation by month
MonthSpecter estimateLowHighReported valuation
$4.15B$3.06B$5.62B
$3.75B$2.56B$5.5B
$3.78B$2.58B$5.55B
$3.8B$2.73B$5.29B
$3.84B$2.85B$5.17B
$3.83B$2.91B$5.04B
$3.86B$3.02B$4.93B
$3.95B$3.2B$4.88B
$4B$3.33B$4.81B$4B (press)
$4B$3.33B$4.81B$4B (press)
$4B$3.33B$4.81B$4B (press)
$4B$3.33B$4.81B$4B (round)
$1.91B$1.01B$3.39B
$1.94B$1.12B$4.03B
$2.09B$1.17B$4.02B
$2.02B$1.17B$4.02B
$1.8B$1.1B$3.4B
$1.75B$1.12B$3.36B
$1.74B$1.14B$3.39B
$1.5B$1.07B$3.34B
$1.71B$1.18B$3.28B
$1.71B$1.17B$3.23B
$1.84B$1.45B$3.25B
$830M$550M$2.64B
$850M$580M$2.65B
$790M$560M$2.99B
$750M$530M$2.87B
$790M$470M$1.59B
$580M$420M$1.22B

Luma AI funding rounds

Luma AI funding rounds
DateRoundRaisedPost-money valuationLead investors
Series C$900M$4BHUMAIN
Series B$90MUndisclosedUndisclosed
Series B$43MUndisclosedAndreessen Horowitz
Series A$20MUndisclosedAmplify Partners
Seed$4.3MUndisclosedMatrix

Luma AI competitors

The generative video market splits between high-fidelity creative suites and business-focused production platforms.

Luma AI and its competitors by estimated revenue and valuation
CompanyRevenueValuation
Luma AI$119M–$280M$3.06B–$5.62B
Runway$166M–$250M$5.13B–$7.7B
Kling AI$520M–$850M$13.7B–$19.8B
Higgsfield$1.12B–$1.62B$4.49B–$6.49B
Pika$20M–$81M$380M–$840M

Luma AI revenue and valuation FAQ

What is Luma AI's revenue?

Specter estimates Luma AI's annual revenue at $119M to $280M as of October 2026.

What is Luma AI's valuation?

Luma AI's latest post-money valuation is $4B, from a November 2025 Series C. Specter's live estimate is $3.06B to $5.62B.

How much funding has Luma AI raised?

$1.06B across five rounds, from a $4.3M Seed in October 2021 to a $900M Series C in November 2025.

Who invested in Luma AI?

15 investors, including Amplify Partners, Andreessen Horowitz, HUMAIN and Matrix.

Who are Luma AI's competitors?

Runway, Kling AI, Higgsfield and Pika. Specter ranks 30 competitors for Luma AI.

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