Lyntics receives €3.2 million seed investment
Anna-Lena Malter
| 18.05.2022
The start-up launches its data literacy platform in parallel with the funding 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 is led by Senovo and Ventech.
In parallel with the funding, Lyntics is launching its platform.The data literacy platform is designed to make the knowledge of a few systems experts within a company immediately accessible and usable by everyone.
This should make it easier for companies to understand, evaluate and apply data. Everyone needs to become a data expert these days in order to create real business success, explained co-founder Andreas Kloetzel.
According to analytics and consulting firm Gartner, data literacy will be critical to driving business value by 2023. However, co-founder Thomas Kerschbaumer also admits that data literacy is difficult to scale: "With Lyntics, we want to change exactly that and make the knowledge of some accessible to all."
For 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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Investor
2016
München
Senovo
Early-stage B2B SaaS fund for the European market.
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