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Lumi AI

Toronto analytics software company helping businesses query operational data, acquired by Newforma in 2026.

Key details

Profile type
Organization
Geography
Toronto, Ontario, Canada
Stage
Not publicly stated
Sector
AI analytics software
Founder groups
Not publicly stated
Last verified
Oct 22, 2026

About Lumi AI

Lumi AI builds software that connects business data sources and helps teams explore their data through plain-language questions. Founded in Toronto in 2023 by Ibrahim Ashqar and Tudor Boiangiu, Lumi was acquired by Newforma in a deal announced on October 21, 2026. Terms were undisclosed. Boiangiu joins Newforma as VP of AI Engineering, and the engineering team continues in Toronto. Newforma plans to integrate the analytics technology into its project-information platforms for architecture, engineering and construction firms.

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