A small Indianapolis company providing photography services announced Tuesday that it has raised $600,000 in funding and plans to hire up to 109 workers by the end of 2024.
Lumatic, which launched in 2016 and has eight employees, offers a platform that allows groups to book professional freelance photographers from across the United States. The software also helps organizations crowdsource and leverage photos taken by members and event attendees.
“Finally, a photography management platform that makes it easy to capture and share your group’s authentic story,” the company says on its website.
The expansion coincides with the completion of a $600,000 funding round backed by angel investors and Elevate Ventures.
“Indianapolis is a vibrant city, full of potential. We’ve watched the city blossom over the years, and fully believe this is the place for us,” Lumatic CEO Tyler Hromadka said in a statement.
The company is seeking to hire a lead software engineer and in the coming months plans to add positions in sales, marketing, customer success and software development.
The IEDC offered Lumatic up to $1.1 million in tax credits based on the company’s plans job-creation plans. The credits are performance-based, meaning the company claim them until workers are hired.