Lightly Raises $3M on Seed Funding

Lightly, a Zurich, Switzerland-based tech startup that enables users to build machine learning models, raised $3M in Seed funding.

Wingman Ventures was the leader of the round.

The funds will be used by the company to expand its US operations and increase its headcount.

Lightly, founded by Matthias Heller & Igor Susmelj in 2020, helps companies create machine learning models quickly using data. Data is currently the greatest bottleneck in AI Development. Machine learning teams can save time and money by using the data curation tool. It also improves the performance of the models. Today, the company’s platform is used by Fortune 500 companies and startups in autonomous driving, robotics, and video analytics.

Lightly is a YCS21 Graduate.

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