# LynkState

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

- Industry: Software
- Headquarters: Los Angeles, US
- Website: www.lynkstate.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Apr 30, 2021)
- Investors on record: 1

## About

LynkState Inc. is a technology company that provides innovative software and hardware solutions aimed at enhancing operational efficiency and streamlining processes for businesses across various sectors.Founded in 2021 and headquartered in Los Angeles, US, LynkState Inc. specializes in technology solutions, particularly in logistics, manufacturing, and retail. The company was established by Maurice D and Remco van Mook, who aimed to address operational challenges in these sectors. In April 2021, LynkState raised USD 1.5 million in Seed funding from Riot Ventures, marking a crucial step in its growth trajectory. This funding was the culmination of their efforts, representing the total amount raised to date.LynkState specializes in innovative technology solutions designed to enhance operational efficiency and streamline processes across various industries. The company's core offerings include a suite of software and hardware products that facilitate real-time data integration, management, and analytics, specifically targeting sectors such as logistics, manufacturing, and retail. These tools enable businesses to make informed decisions based on real-time insights, addressing challenges of data silos and inefficiencies that hinder performance. LynkState serves a diverse client base of mid-to-large-sized enterprises across North America and Europe, focusing on regions where technological adoption is rapidly accelerating.LynkState generates revenue primarily through a subscription-based model for its software solutions, complemented by hardware sales associated with its flagship products. Clients typically engage in annual contracts that provide access to the software suite, regular updates, and customer support services. Pricing plans are tailored to meet each client's specific needs, potentially including volume-based pricing or tiered subscriptions based on selected features. Furthermore, LynkState collaborates with select partners to offer bundled solutions, diversifying its revenue streams and fostering ongoing revenue through client renewals and upselling of advanced features.Looking ahead, LynkState plans to expand its product line to include advanced analytics tools and machine learning capabilities, with an aim to launch these new offerings by the end of 2022. The company is also targeting expansion into new markets, particularly in Asia and South America, by 2023. The recent Seed funding of USD 1.5 million will support these initiatives, enabling the development of new products and facilitating market entry strategies.

## Funding rounds

- Seed, Apr 30, 2021, $1.5M — Riot Ventures

## Investors

- Riot Ventures (https://capitalatlas.ai/funds/riot-ventures) — Seed
