LumenStream
Sustainable LED lighting
LumenStream is an innovative Irish company revolutionizing how large industrial and commercial enterprises manage their energy consumption through its "Lighting as a Service" (LaaS) model. By modernizing lighting infrastructure with highly efficient LED systems, LumenStream enables its clients to significantly reduce energy costs and carbon footprints without any upfront investment.
LumenStream’s business model is built on the "Pay as you Save" concept, where clients pay fixed monthly fees representing a fraction of the savings generated. From day one, this system ensures improved cash flow while addressing growing sustainability demands. The service has already attracted prestigious clients, including Siemens, Ryobi, and Oxfam, with over 35 projects completed across the UK and Europe.
Since its launch, LumenStream has demonstrated remarkable growth, with revenue rising from £105,000 in 2023 to over £1,000,000 in 2024. With a focus on sustainability and proven technical expertise, the company plays a key role in the energy transition for businesses, aligning innovation with positive environmental impact.