# Lynq Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lynq-technologies

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.lynqme.com
- Total disclosed funding: $6M
- Latest round: Seed (Jan 28, 2020)
- Investors on record: 4

## About

Lynq Technologies, Inc. develops advanced connectivity solutions, focusing on enhancing communication through innovative software and applications tailored for professionals and businesses.Founded in 2014 and headquartered in Brooklyn, US, Lynq Technologies, Inc. specializes in solutions that improve networking and communication. The company was founded by Dave Shor, Karina da Costa, and Matthew Misbin. In January 2020, Lynq raised USD 6 mn in Seed funding from investors including Chetrit Ventures, Plus 8 Equity, Sony Ventures, and ff Venture Capital, totaling USD 6 mn raised since inception. The funding was targeted at supporting growth initiatives, particularly in expanding their service offerings.Lynqme specializes in providing innovative solutions aimed at enhancing connectivity and communication in various settings. Their core offerings include proprietary software and applications designed to streamline interactions for both businesses and consumers. These solutions facilitate seamless networking opportunities and data sharing, particularly within event management and professional networking contexts. The company’s products are deployed across diverse geographical markets, focusing on urban centers such as New York, London, and Tokyo, aiming to serve event organizers, corporate clients, and individual professionals seeking efficient networking solutions.Lynqme generates revenue through a structured model that includes subscription services and partnerships with various enterprises. Clients typically engage with the company through a subscription-based model, allowing them access to premium features and enhanced functionality within Lynqme's applications. The transaction structure caters to both B2B and direct-to-consumer segments, with tailored packages for businesses and standard plans for individual users. The revenue model is supported by strategic partnerships that enhance the overall value proposition for clients.Lynq Technologies, Inc. plans to leverage its recent Seed funding of USD 6 mn to further develop its product offerings and explore new markets. The company is focusing on launching new features aimed at improving user experience by the end of 2021. Additionally, Lynq intends to expand its geographic reach into markets such as San Francisco and Singapore by 2022, aiming to tap into vibrant professional networks in those regions. The funding raised will support product development and marketing initiatives to facilitate this expansion.

## Funding rounds

- Seed, Jan 28, 2020, $6M — ff Venture Capital, Sony Innovation Fund, Plus 8 Equity, Chetrit Ventures

## Investors

- ff Venture Capital (https://capitalatlas.ai/funds/ff-venture-capital) — Seed
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Seed
- Plus 8 Equity (https://capitalatlas.ai/funds/plus-8-equity) — Seed
- Chetrit Ventures — Seed