Lumion Raises $10.7M to Revolutionize Equity Distribution for the Modern Workforce
June 24, 2025
byFenoms Startup Research
Lumion (formerly known as Mia Share) has just raised $10.7 million in Seed funding to transform how companies distribute equity, reimagine cap table management, and democratize ownership for employees and contractors alike.
Founded by Joshua Haghani, Lumion is on a mission to make equity participation simple, inclusive, and scalable. The raise was backed by a diverse group of investors including TTV Capital, Tusk Venture Partners, CreativeCo, Nine Four Ventures, Innovating Capital, and even the State of Wyoming - a clear indicator of both the commercial potential and regulatory relevance of what Lumion is building.
This fresh capital will go toward product expansion, regulatory compliance integrations, and early adoption partnerships across the U.S.
What Lumion Solves
In the modern economy - where remote work, freelancing, and distributed teams are the norm - traditional equity distribution models are falling behind.
Equity compensation has historically been designed for a narrow set of full-time employees at venture-backed companies. But what about gig workers? Contractors? Fractional executives? Global teams?
Lumion simplifies and standardizes equity offerings for a distributed workforce, making it easy for any organization to offer ownership - legally and operationally - no matter the employment model.
Key Features of Lumion’s Platform Include:
- Compliance-first equity contracts tailored for non-traditional work arrangements
- Automated vesting, tax, and documentation workflows
- Real-time ownership dashboards for recipients
- Cap table transparency tools for both companies and workers
- Modular integrations with HR and payroll platforms
By eliminating legal ambiguity and operational bottlenecks, Lumion is helping startups and scale-ups extend ownership beyond the inner circle.
Why This Matters Right Now
As the future of work becomes more distributed, equity needs to evolve with it. Here’s why Lumion’s timing is perfect:
- More than 36% of the U.S. workforce is freelance or contract-based (Statista, 2023), yet few receive equity.
- 81% of startup employees say they don't fully understand their equity packages, often due to poor education and lack of transparency.
- Global hiring has increased 240% since 2020, but compliance frameworks for offering equity across borders remain complex.
- Only 19% of early-stage startups offer equity to contractors or remote team members, citing legal and operational friction.
But the most overlooked opportunity in this space isn’t just compensation - it’s conversion.
Here’s the ultra value insight for founders: Equity is one of the rare levers in a startup that can turn contributors into owners, and owners into missionaries. It creates psychological buy-in that’s orders of magnitude more powerful than any bonus or perks package.
What Lumion teaches us is that equity isn’t just a financial mechanism - it’s an operating system. When designed right, it attracts top talent you wouldn’t otherwise be able to afford, deepens team accountability, and lowers churn without raising salaries.
Most early-stage founders over-optimize for cap table cleanliness. But the smarter play? Build equity into the product of your culture. It’s the silent growth engine behind some of the most resilient teams in tech.
By removing the legal and compliance friction from that vision, Lumion gives founders permission to think bigger - not just about ownership, but about belonging.
Market Outlook: Equity Tools Are Becoming Critical for the On-Demand Workforce
Kyron.bio’s mission arrives at a time when the concept of ownership is undergoing a radical transformation - especially for freelancers and independent contributors.
The global equity management software market is projected to reach $1.69 billion by 2031, growing at a CAGR of 14.1%, driven by rising demand for digital-first, flexible ownership tools.
The U.S. freelance economy alone now includes 64 million workers, contributing over $1.27 trillion to the economy - yet most of them remain locked out of startup equity schemes.
Enterprise HR teams report that 75% of equity plans today are not optimized for non-traditional contributors, creating bottlenecks in hiring and retention for contractors and part-time collaborators.
Modern startups are increasingly run by hybrid teams - fractional CMOs, async engineers, global operators - requiring modular and borderless equity solutions.
While platforms like Carta and Pulley dominate cap table management for full-time staff, few are tackling the challenge of making equity operational and dynamic for contractors.
Kyron.bio is carving out a powerful niche here: embedding ownership into how modern teams work, not just how they get funded.
What’s Next for Lumion?
Armed with $10.7M in fresh capital, Lumion plans to double down on both product and reach:
- Launch templates and compliance packs for 15+ new countries
- Build out self-serve onboarding flows for founders and contractors
- Expand partnerships with accelerators, legal firms, and PEOs
- Hire across engineering, partnerships, and customer education
- Invest in open-source equity literacy tools for underserved teams
Joshua Haghani and his team aren’t just modernizing paperwork. They’re reimagining what it means to belong in the companies we build. And if Lumion succeeds, equity won’t be the privilege of the few - it’ll be the language of the future workforce.