Lupa Technology, a data management platform that combines Serbian and US expertise, recently secured $1.8M in an investment round led by South Central Ventures, with the participation of the World Bank/EU Commission. The funds will be used to expand globally.
Founded in 2021, Lupa is a cloud-based SaaS designed for the construction industry. The platform helps companies turn their data into an asset by mining and unifying data from other platforms, processing documents, offering construction-specific workflows, and using generative AI insights and reporting. With headquarters in New York and Belgrade, Lupa serves primary markets in the USA, UK, EU, and GCC regions.
Lupa Technology’s CEO, Vladimir Milovanovic, expressed excitement about the investment. “We are thrilled to have secured this funding,” he said. “Our platform has been gaining significant traction in the market and is helping clients make significant progress in their digital transformation efforts.”
Goran Stevanovic, Partner at South Central Ventures, explained why his firm invested in Lupa Technology: “The company’s innovative approach to data management and deep understanding of construction challenges make them a key player in enhancing operational efficiencies in the industry,” he said. “We are excited to support Lupa’s disruptive AI-driven solutions in the construction sector and are impressed with the quality and dedication of the team.”
