Latest issueWednesday, October 21, 2026
5 deals · Updated Wed, Oct 21, 2026 at 9:46 AM PDT·Full deal sheet
Add-on·Software/Data / Analytics·October 21, 2026

Newforma closes Lumi AI acquisition

Lumi's co-founder and CTO joins Newforma as VP of AI Engineering, with the engineering team continuing to build from Toronto.

Corrections and updates

  1. Logo asset URL refreshed for Newforma without changing the verified newforma.com buyer domain or the reviewed deal copy.Supporting source ↗

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BuyerNewforma
TargetLumi AI
SponsorEthos Capital
TypeAdd-on
IndustrySoftware
Sub-sectorData / Analytics

Newforma acquired Lumi AI, a Toronto-based analytics engine that turns plain-language questions into accurate, explainable answers. The Ethos Capital-backed project and information management platform for architecture, engineering, construction and owner firms will integrate Lumi's semantic layer into Newforma Konekt and Vojo, drawing on more than 20 years of AECO project data.

Lumi's co-founder and CTO joins Newforma as VP of AI Engineering, with the engineering team continuing to build from Toronto.