Everyone at SavvyCard was excited to read in the Tampa Bay Business Journal last week that Lumastream has closed a big new round of investment – $10 million from a variety of individuals and angels. Lumastream and SavvyCard are the two companies to have received direct investment from the St. Pete Downtown Partnership, and we hope that we can follow in our big brothers’ footsteps.
In the article, Lumastream CEO Eric Higgs addresses the difficulty in getting early-stage startup funding in Florida. SavvyCard has certainly found that to be the case – though we have managed to overcome those challenges so far, and we’ve found the community in St. Pete all but bending over backwards to help us get where we want to go.
Though we’re managing to find our own way, we’re always excited to hear that someone else is making good. Our congratulations go out to Eric and his great company.