Illumia
- Company typePrivate
- Founded2026
- HeadquartersScottsdale, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingSoftware
What Illumia does
Illumia is a unified campus commerce platform serving higher education, healthcare, senior living, and corporate institutions, formed from the August 2024 merger of Transact Campus and CBORD under Roper Technologies and rebranded in March 2026. The company provides integrated payments, access control, foodservice management, and mobile credentialing solutions to more than 10,000 institutional customers, with core products including Illumia Integrated Payments, Transact IDX (mobile credentials), NetMenu (patient nutrition), and acquired platforms Hangry (mobile ordering) and Quickcharge (cashless payments). Its technology backbone is the Transact Exchange (TREX) cloud-based middleware that orchestrates real-time bidirectional data flows between Illumia systems and third-party ERP/SIS platforms, notably Ellucian's Ethos framework with 12+ APIs and 25+ student data elements validated by 25 Ellucian Verified for SaaS badges.
Illumia firmographics
Firmographics- Name
- Illumia
- Legal name
- Illumia, LLC
- Website
- https://illumiatech.com
- Company type
- Private
- Founded year
- 2026
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Illumia industry classification
Industry- Product category
- Campus Commerce Technology
- NAICS
- Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Billing, Tuition, Fees & Payments (including Cafeteria/Meal Accounts) (EDAFAEAN)
- akta.pro secondary industries
- Education ERP (Student Information, Finance, HR) (HDAEAEAI), Enterprise Integration, iPaaS & Middleware Services (API/EDI) (BPAEAGAH), Compliance, State Reporting & Education Data Exchange (Ed-Fi/SIF) (EDAFAEAO), Enterprise Integration Engines & Interface Management (HL7 v2/X12/API) (HLACABAC), IT Asset Management (ITAM) Platforms (HDAEALAD)
Keywords
Where Illumia is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Illumia business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales
Revenue model
- Payment Processing and Transaction Fees: Revenue generated from payment processing services for higher education, healthcare, and senior living institutions. Supports diverse payment types including credit cards, ACH, digital wallets, and international transactions.
- Software Platform Subscriptions: SaaS-based platform for payments, access control, foodservice management, and credentialing delivered as recurring subscription to institutional customers.
- Payment Plans and Financial Services: Tuition payment plans, sponsor payments, and bulk payment processing including Transact Sponsor Payments for institutional fee collection.
- Mobile Ordering and Foodservice Solutions: Mobile ordering, point-of-sale, and foodservice management solutions for campus dining environments.
- Integration and Implementation Services: Professional services for ERP integration, cloud migration, and implementation support for institutions migrating to SaaS platforms.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
Illumia product offering
Product offeringCore offering
Illumia sells a unified cloud-based campus commerce platform to higher education, healthcare, senior living, and corporate institutions, comprising integrated payment processing (tuition, fees, payment plans, refunds, cashiering, international payments), mobile credential-based access control (Transact IDX for iOS/Android/Samsung devices), foodservice management (mobile ordering, patient nutrition via NetMenu), and credentialing solutions. Its Transact Exchange (TREX) middleware provides real-time bidirectional ERP integration with Ellucian Student systems and orchestrates data flows across a network of 300+ technology integration partners.
Product overview
Illumia is a unified technology platform providing integrated payments, access, foodservice, and credentialing solutions for higher education, healthcare, senior living, and corporate environments. The core Illumia Integrated Payments platform connects to ERP/SIS systems via Transact Exchange middleware, offering modules for tuition payment plans, eCommerce, refunds, cashiering, and international payments. The Transact IDX platform provides cloud-based access control with mobile credentials for iOS, Android, and Samsung Galaxy Watch supporting Apple Wallet, Google Wallet, and Samsung Wallet. Additional products include Transact Insights for campus analytics, Transact Sponsor Payments for bulk disbursements, mobile ordering (including acquired Hangry platform), NetMenu for patient nutrition, and Quickcharge for cashless campus payments. The unified platform integrates with Ellucian (25 Verified SaaS badges), Allegion, Genea, Grubhub, Amazon Just Walk Out, and other third-party systems.
Differentiator
Problem solved
Functional benefit
Brands
- Transact Connect: Client connect portal for Transact customers
- CBORD Hub
- Quickcharge
- Transact Exchange (TREX)
- Illumia Integrated Payments
Products and services
- Illumia Integrated Payments Unified payment platform for higher education, healthcare, and senior living institutions enabling tuition payments, payment plans, eCommerce, refunds, and real-time student financial data synchronization with ERP/SIS systems. Supports PCI-DSS Level 1 certified transactions including credit cards, ACH, digital wallets, and international payments.
- Transact IDX (Illumia IDX) Cloud-based access control platform enabling mobile credentials for iOS, Android, and Samsung Galaxy Watch. Supports door access, building entry, and campus identification with cloud-based credential provisioning and management via Apple Wallet, Google Wallet, and Samsung Wallet.
- Transact Exchange (TREX) Cloud-based middleware platform that orchestrates data flows between Illumia Integrated Payments and third-party systems including Ellucian Student. Connects and integrates mission-critical campus systems via 12+ Ethos APIs and 25+ student data elements in real time.
- Transact Insights Data aggregation and analytics platform for campuses that helps institutions manage data, generate operational insights, and improve decision-making. Integrates with Microsoft Power BI for campus data analytics and management reporting.
- Mobile Credential Mobile-first credentialing solution enabling students to use iPhone, Apple Watch, Android phones, and Samsung Galaxy Watch for campus access, building entry, payments, and identification. Supports Apple Wallet, Google Wallet, and Samsung Wallet.
- Mobile Ordering (Hangry) Mobile food ordering platform for campus dining with features including order-ahead, loyalty programs, and integration with Grubhub. Processed over 24 million transactions worth more than $200 million before integration into Illumia.
- NetMenu Patient nutrition management system for healthcare facilities that standardizes patient dining and nutrition services across multi-hospital systems.
- Quickcharge Cashless payment platform for institutional campuses enabling employees to pay by badge at hospital cafeterias and other campus environments. Powers frictionless stores integrated with campus payment systems including Amazon Just Walk Out technology.
Quantifiable outcome
- Over 1 million mobile credential accounts provisioned
- +3 more outcomes
Companies that use Illumia
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
Illumia technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
AI capability5 records
Feature5 records
Illumia partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, minor and strategic.
- MyVenuecorePartnership with MyVenue, a leading global sports and entertainment point-of-sale provider, enabling students to use stored-value campus funds for concessions purchases at collegiate sporting venues. Combines MyVenue's high-volume, hardware-agnostic POS platform with Transact + CBORD's campus commerce ecosystem.
- OzziminorPartnership to cut campus dining waste through reusable container technology. Expands sustainability initiatives beyond Usefull partnership.
- AnthologycoreStrategic partnership to grow higher education solutions through ERP integration with Anthology platforms. ERP payment integration demonstrated through video showcasing Banner SaaS integration.
- ElluciancoreStrategic partnership to enhance SaaS payment solutions for higher education institutions. Illumia holds 25 Ellucian Verified for SaaS badges across Banner SaaS and Colleague SaaS. Integration provides real-time bidirectional data synchronization between Illumia Integrated Payments and Ellucian Student via Ethos framework.
- GeneacoreRevolutionize door-access solutions for higher education through cloud-based access control integration. Partnership combines Illumia's campus commerce ecosystem with Genea's cloud-based access management platform.
- AllegioncorePartnership to improve campus security and student experience through mobile credential technology. Florida Institute of Technology and Denison College partner with Allegion to implement mobile credential technology via Transact IDX platform.
- UsefullstrategicSeamless integration between student campus ID and Usefull's reusable takeout technology to boost campus sustainability. Partnership expanded in 2025 to include Ozzi reusable container solution for campus dining waste reduction.
- QuickchargecoreAcquired Quickcharge, a platform offering cashless payments for various institutional campuses. Expansion of product offerings and presence in campus technology market. Quickcharge powers hospital café enabling employees to pay by badge using Amazon Just Walk Out technology.
- Samsung WalletcoreSamsung Wallet support for student IDs offering credentials and access through Samsung Galaxy devices. First mobile student ID on Samsung Galaxy Watch with Samsung Wallet integration. Partnership expanded Samsung's digital ID ecosystem for campus access.
- TalkiatryminorPartnership to bridge campus mental health gap by integrating mental health resources into campus commerce and access platforms.
- AmazoncorePartnership to bring Just Walk Out technology to college campuses for fast and frictionless shopping. First deployments at University of Pittsburgh, Lafayette College, and Bowling Green State University. Amazon Just Walk Out enabled frictionless stores integrated with campus payment systems.
- HangrycoreAcquired Canadian mobile ordering platform Hangry in July 2022. Platform offered campus-specific features including food ordering and loyalty programs, processing over 24 million transactions worth more than $200 million. Integration expanded Transact's mobile ordering capabilities.
- GrubhubstrategicExpanded partnership offering integrated mobile ordering solution. First-of-its-kind integrated mobile ordering enabling students to use campus dining accounts with Grubhub for off-campus meal spending programs.
- TransfermatestrategicInternational payments solution partnership providing universities with streamlined solution to easily accept global currencies and facilitate international student payments.
- GradGuardstrategicPartnership to provide tuition insurance and financial protection products to millions of students. Protects students and institutions against tuition loss due to covered withdraws.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Illumia competitors and assessment
Company assessmentDirect peers
- TouchNet (Nelnet): TouchNet is a Nelnet-owned campus commerce and payment processing platform serving higher education institutions with tuition payments, payment plans, and credentialing. It is the most directly comparable competitor to Illumia's Integrated Payments and credentialing stack.
- Nelnet Business Solutions: Nelnet Business Solutions provides tuition payment plans, campus commerce, and integrated payment processing for higher education. Like Illumia, it monetizes primarily through transaction fees and recurring services tied to the student lifecycle.
- Heartland Campus Solutions (Global Payments): Heartland Campus Solutions, a Global Payments business, delivers campus card and commerce solutions for higher education, including one-card systems and integrated payments. It overlaps with Illumia in campus ID, payments, and foodservice commerce.
- Flywire: Flywire provides global payment processing for education, including international tuition payments and payment plans. It competes directly with Illumia's international payments and payment plan offerings, particularly for non-U.S. student flows.
- PayMyTuition: PayMyTuition offers international tuition payment processing and student billing solutions for universities. It is a focused competitor in cross-border and education payment flows where Illumia also operates via TransferMate.
Broad incumbents
- Anthology (Blackboard + Campus Management): Anthology combines Blackboard with Campus Management ERP and a payments module, serving higher education with student information, learning management, and commerce. It is both an Illumia integration partner and a potential ERP-native competitor in campus payments.
- Workday Student: Workday Student is a cloud-native SIS/ERP for higher education that increasingly bundles finance and student financial aid workflows. As an ERP-native platform with payments-adjacent capabilities, it represents both a partner and a long-term competitive threat to Illumia's ERP-integration-led model.
- Stripe: Stripe is a broad payments infrastructure provider increasingly used by higher education institutions for online tuition and fee payments. It is not an integrated campus commerce platform, but its developer-first model and competitive transaction pricing pressure Illumia's payment processing economics.
Others
- Ellucian: Ellucian is the dominant SIS provider for U.S. higher education and Illumia's deepest integration partner (25 Verified SaaS badges). While primarily a partner, Ellucian's expanding product portfolio and SaaS strategy make it a strategic ecosystem participant whose roadmap directly shapes Illumia's addressable opportunity.
Emerging players
- Tuition.io: Tuition.io provides employer-led tuition payment and education assistance platforms, with workflows adjacent to Illumia's sponsor payments and tuition billing. It targets a narrower employer-sponsored segment but overlaps on payment plan economics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Illumia social profiles
Digital presenceIllumia compliance and trust
Trust signalCompliance8 records
Illumia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Illumia leadership team
Management profileNumber of profiles
Profiles5 records
Illumia subsidiaries and ownership
Company hierarchySubsidiaries7 records
Illumia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Illumia M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Illumia
What does Illumia do?
Illumia sells a unified cloud-based campus commerce platform to higher education, healthcare, senior living, and corporate institutions, comprising integrated payment processing (tuition, fees, payment plans, refunds, cashiering, international payments), mobile credential-based access control (Transact IDX for iOS/Android/Samsung devices), foodservice management (mobile ordering, patient nutrition via NetMenu), and credentialing solutions. Its Transact Exchange (TREX) middleware provides real-time bidirectional ERP integration with Ellucian Student systems and orchestrates data flows across a network of 300+ technology integration partners.
Is Illumia a public or private company?
Illumia is a private company. It is classified as corporate owned and is currently operating.
When was Illumia founded?
Illumia was founded in 2026. It employs 1,001 to 5,000 people.
Where is Illumia based?
Illumia is headquartered in Scottsdale, United States, in the North America region.
How does Illumia make money?
Five revenue lines are on record. Payment Processing and Transaction Fees are the primary driver. The others are software Platform Subscriptions, payment Plans and Financial Services, mobile Ordering and Foodservice Solutions and integration and Implementation Services.
Who are Illumia's main competitors?
Direct peers on record are TouchNet (Nelnet), Nelnet Business Solutions, Heartland Campus Solutions (Global Payments), Flywire and PayMyTuition. Broad incumbents are Anthology (Blackboard + Campus Management), Workday Student and Stripe. Ellucian is listed as an others. Tuition.io is listed as an emerging player.
Does Illumia have an API?
No public API is recorded for Illumia.
What industry is Illumia in?
Illumia's product category is Campus Commerce Technology. Its primary akta.pro industry code is EDAFAEAN, Billing, Tuition, Fees & Payments (including Cafeteria/Meal Accounts), with a secondary code of HDAEAEAI, Education ERP (Student Information, Finance, HR). Its NAICS code is 54151 and its SIC code is 7372.