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Announced

1848 Ventures to acquire Luminest.

Synopsis

1848 Ventures, a AI venture capital firm, agreed to acquire Luminest, an AI-powered home management startup. Financial terms were not disclosed. "This marks a turning point for 1848 Ventures. As the venture landscape continues to evolve, so will 1848 Ventures. We're not solely focused on building companies from the ground up. We're assembling high-signal platforms, top-tier talent, and proprietary technology to solve the most pressing problems facing SMBs. Luminest brings all three, allowing us to accelerate key initiatives already underway within our venture studio," Kal Amin, 1848 Ventures. Managing Partner.

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