43 karma · joined May 28, 2024
We launched recently and I'm looking for 2–3 startups to be the first to go through the full process on the platform. Meaning: I'm directly involved, not just the tool. You'll have direct access to me throughout the whole preparation and audit process, not a support queue.
A few things worth being upfront about:
- $499/mo, includes hands-on founder support, not just software access
- You'd be one of the first 2–3 teams to run the full process end-to-end. In return: direct founder access (me, not support), influence on features, and pricing that matches the early stage.
- This covers preparation only, not the audit itself. Once you're ready I can refer you to an auditor or you can bring your own.
If you're getting asked about SOC 2 by a prospect or investor and don't know where to start, happy to just talk through it even if Lumoar isn't the right fit.
On the knowledge gap: the gap assessment route works, but it's expensive upfront and still leaves you building the foundation afterward.
What I've been exploring is the step before the audit: getting teams organized enough that when they do engage a consultant or tool, they're not starting from zero, which would result in faster compliance.
I'm building a platform (Lumoar) focused exactly on this pre-audit organization phase, helping early-stage teams get structured before the compliance pressure hits.
Curious: in your experience, what's the biggest mistake teams make when they're under contract pressure to get SOC 2 done quickly?
I'm a solo founder building a Compliance-as-a-Service platform focused on startups and indie developers who find tools like Vanta/Drata too expensive or complex. Think of it as "SOC 2 for solo devs" — affordable, easy to use, and monthly pricing.
I launched about 2 weeks ago, and so far: 100+ registered users; 60+ startups onboarded; Fully built MVP, launched, iterating fast; Based in Azerbaijan, which helps keep ops lean
I'm bootstrapping everything — product, design, support, and growth. No revenue yet, but lots of demand from early users asking about audits, integrations, and long-term support.
Why I'm Posting: I'm preparing to raise a small seed round to grow this into something serious — cover runway, build a small team, support more frameworks, and partner with audit firms.
I’m considering asking $200K for 10% equity (implying a $2M valuation). This would give me 18–24 months of runway here.
My Questions for HN: Is this a reasonable raise/valuation given the early traction and solo founder status?
Would investors be open to this if I’m based outside the US (Azerbaijan)?
Any tips on how/where to approach angels or pre-seed VCs who get compliance, SaaS, or developer tools?
Any thoughts, advice, or intros would be massively appreciated
Thanks!
You're absolutely right: the language should reflect how our users think and talk, not just how the standards are formally defined. It's valuable to hear this from someone with real experience in the space. I'll definitely keep that framing in mind as we refine both our product and messaging.
Besides that, based on your experience, I wanted to ask for advice. We launched Lumoar 10 days ago and have already onboarded 50+ active users. Given this early traction, do you think it's worth starting investor conversations now, or should we focus more on deepening product-market fit before going down that path?
Would really value your thoughts on how you'd approach this phase based on your experience.