Lightly secured a $3 million seed round led by Wingman Ventures.
Lightly, a Zurich, Switzerland-based software startup developing a data preparation dev-toolbox for machine learning, announced closing a $3 million seed funding round.
The money was raised locally from Switzerland from investors led by Wingman Ventures. Proceeds will be used as the company plans to expand its team and enter the US market this year with a new office in the Bay Area.
Lightly, founded in 2018 by Matthias Heller and Igor Susmelj, is a software startup developing a data preparation dev-toolbox for machine learning via a data curation platform designed to enhance machine learning models by using the right data. The company says it works with customers including Fortune 500 companies and startups in autonomous driving, robotics, and video analytics.
Lightly is one the European startups that were part of Y Combinator in the summer of 2021 and also was one of the interesting Euro startups part of YC21 summer program as featured by Nordic 9. It previously raised CHF 1 million from First Momentum Ventures in 2020.