May 15, 2020 - Economy

Marissa Mayer's startup raises $20 million

Marissa Mayer at a TechCrunch conference.

Marissa Mayer. Photo: Steve Jennings/Getty Images for TechCrunch

Lumi Labs, a consumer app incubator co-founded by former Yahoo CEO Marissa Mayer, has raised $20 million in venture capital funding, according to an SEC filing.

The intrigue: Lumi is based at 165 University Ave. in Palo Alto, where Google was headquartered in 1999 when Mayer became one of its earliest employees. She declined to comment when contacted by Axios.

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