Lyntics receives €3.2 million seed investment
The start-up is launching its data literacy platform alongside the financing round.
The data literacy start-up Lyntics has successfully completed its seed financing round. A total of 3.2 million euros was raised. The round was led by Senovo and Ventech.
The data literacy platform is designed to make the knowledge of a small number of system experts within a company directly accessible and usable for everyone.
This should make it easier for companies to understand, evaluate and use data. According to co-founder Andreas Kloetzel, everyone needs to become a data expert these days in order to create real business success.
According to the analysis and consulting firm Gartner, data literacy will be crucial for increasing business value by 2023. However, co-founder Thomas Kerschbaumer also admits that data literacy is difficult to scale: "With Lyntics, we want to change this and make the knowledge of some accessible to all."
In the future, the founders want to use their product to win over even more tech investors for themselves and their idea.
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