Startup Lumi AI, founded in 2023 by Ibrahim Ashqar and Tudor Boiangiu, is helping companies in the US and beyond unlock hidden value in their supply chain data. In 2026, its AI-powered platform allows businesses to extract insights from complex ERP systems instantly, transforming how decisions are made and improving efficiency at scale.
Companies operating with complex systems like SAP or Oracle generate massive volumes of data every day. However, much of that information remains underutilized due to technical barriers and slow analysis processes. That is the problem Lumi AI aims to solve.
According to agfundernews, the startup has developed a platform that allows business users to interact with enterprise data using plain language, removing the need for technical expertise in programming languages like Python or SQL.
Founded by Ibrahim Ashqar (CEO) and Tudor Boiangiu (CTO), Lumi AI positions itself as a tool to democratize access to data insights and accelerate decision-making across organizations.
Turning data into actionable insights
The platform integrates directly with ERP systems and supply chain software, acting as an intelligent assistant that interprets data in real time. This includes information related to inventory, procurement, vendors, customers, and sales history.
One of its key advantages is the ability to uncover non-obvious insights that traditional business intelligence tools often miss.
“Despite millions invested in dashboards and data infrastructure, business teams remain constrained by predefined views of their operations,” said Ashqar. “Non-obvious risks, inefficiencies, and value drivers go undiscovered because no one knows to look for them.”
Lumi AI addresses this gap by combining enterprise security, business context, and agentic AI workflows that autonomously surface insights.
Multi-million-dollar opportunities
The platform is already being used by major companies, including supermarket chain Kroger and agricultural cooperative Growmark, as well as multiple food manufacturers.
According to the company, clients have identified multi-million-dollar opportunities across supply chain operations, procurement, and sales.
“We are no longer testing whether this works. We are scaling a model that already does,” Ashqar stated.
Among the main benefits highlighted by the company are faster decision-making, increased productivity, and reduced reliance on data teams for ad hoc analysis.
Impact on food and retail industries
For CPG companies and food retailers, which manage highly complex supply chains, Lumi AI offers a significant shift. It enables teams to quickly analyze large datasets and identify inefficiencies that directly impact profitability.
The technology can reduce time to insight from days or weeks to seconds, while also lowering hiring costs by minimizing the need for additional analytics staff.
Beyond retail, the platform can be applied to any industry that relies heavily on operational data from ERP systems, including agriculture and manufacturing.
Growth, challenges, and future plans
In 2025, Lumi AI secured a $3.7 million seed round and expanded its team. The company also deployed its platform with Fortune 100 clients and consulting firms, building partnerships with organizations such as Deloitte and Genpact.
During that period, Lumi reported generating more than $150 million in quantified client value, supported by case studies and customer feedback.
However, the company faced challenges balancing product delivery and demand generation, particularly due to long enterprise sales cycles.
Looking ahead to 2026, Lumi AI plans to scale its operations and expand its product capabilities. Upcoming features include self-service options, private data environments, and more advanced autonomous insights and alert systems.
These developments aim to move the platform beyond analytics into execution, enabling companies not only to understand their data but also to act on it more effectively.
“2026 is about scaling with intent,” Ashqar said, emphasizing the company’s focus on sustainable growth and broader market reach.
A shift in enterprise decision-making
The rise of tools like Lumi AI reflects a broader transformation in how companies use data. By simplifying access and automating analysis, AI platforms are enabling organizations to uncover value that was previously hidden.
In industries where margins are tight and efficiency is critical, the ability to extract insights quickly can make a significant difference.
As businesses continue to invest in digital transformation, solutions that bridge the gap between data and decision-making are likely to play an increasingly important role.
