Luma Financial Technologies (“Luma”), a global leader in structured products and insurance solutions, announced today that it has closed a $63 million Series C financing led by Sixth Street Growth, the growth investing business of leading global investment firm Sixth Street. Existing strategic investors including Bank of America, Morgan Stanley, UBS, and TD Bank Group participated in the round.

The additional capital will enable the acceleration of Luma’s expansion across key markets, deepen its investment in product innovation, and further enhance its global client support capabilities. Already on a strong growth trajectory, the funding will allow Luma to scale its impact while preserving the leadership and strategic direction that have guided its success. Additionally, Alex Goodman, Principal at Sixth Street Growth, will join the firm’s Board of Directors.

“This investment is a testament to the confidence our partners have in the value Luma brings to the market and the strength of the foundation we’ve built,” said Tim Bonacci, CEO of Luma Financial Technologies. “We’ve experienced significant growth by staying focused on delivering value to our clients, and this new capital will accelerate that trajectory by deepening our presence in key markets and continuing to innovate — all while staying true to the principles that have driven our success.”

“We believe an objective, end-to-end platform, like the one Luma has built, provides a critical piece of infrastructure to support the rapid adoption of new products in the broader wealth management channel,” said Michael McGinn, Partner at Sixth Street and Co-Head of Sixth Street Growth. “We are excited to partner with Tim and the Luma team to support their vision of broadening the platform’s product offering and expanding its reach globally.”

As demand for alternatives continues to grow, Luma remains at the forefront of empowering firms with the tools to adapt and excel. Building on its established momentum, this next phase of growth will accelerate Luma’s ability to drive industry-wide transformation through greater accessibility, seamless integration, and a continued commitment to advisor-centric innovation. Broadhaven served as Luma’s advisor on the transaction.