# Livsyt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/livsyt

- Industry: Software
- Headquarters: Austin, US
- Website: www.livsyt.com/
- Total disclosed funding: $2.5M
- Latest round: Seed (Nov 8, 2023)
- Investors on record: 2

## About

Founded in 2021 and based in Texas, US, Livsyt is a developer of a software-as-a-service-based platform that provides digital tool services for construction projects. Karthik Thumu (CEO) and Swapnil Sahu are the co-founders of the company. In November 2023, Livsyt raised USD 2.5 million in seed funding, co-led by Inventus Capital and SVQUAD. The company serves clients such as Svas, Elemental, Gammon, SurePods, Systra, Anlarr, and others. As of 2023, the company also has a presence in Singapore and India.

The company provides Livsyt, a SaaS-based software that, featuring a self-configurable integrated process workflow, delivers a dynamic solution. The firm's software makes it simpler for on-site construction procedures to become digital and move from memory-dependent to system-assisted. Livsyt allows synchronized resource orchestration and accountability by automatically assigning tasks to the construction crew in real-time, eliminating the need for coordination and communication across several media.

The company’s software benefits include process adoption, resource mobilization, and real-time, comprehensive visibility. Livsyt also offers dashboards and system-generated reports that give statistics such as activity completion durations, dynamic project status, defect analysis, and more. The company serves a wide range of projects, from general project level to minute on-site construction activities, including building, highway, and metro works.

The organization plans to use the November 2023 funding to develop artificial intelligence and machine learning products as well as expand its business reach.

## Funding rounds

- Seed, Nov 8, 2023, $2.5M — Inventus Capital Partners, SVQUAD

## Investors

- Inventus Capital Partners (https://capitalatlas.ai/funds/inventus-capital-partners) — Seed
- SVQUAD (https://capitalatlas.ai/funds/svquad) — Seed
