# Lysto

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

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.lysto.io
- Total disclosed funding: $3M
- Latest round: Seed (Dec 29, 2021)
- Investors on record: 7

## About

Lysto is a technology company specializing in AI-driven playtesting solutions that enhance game development by providing structured feedback from diverse players, enabling studios to refine their products effectively.Founded in 2021 in Bangalore, India, Lysto is focused on delivering innovative playtesting services for the gaming industry. The company has successfully completed two deals, with its most recent funding round in March 2022 raising USD 11.26 mn in pre-Series A funding. The company was founded by Iqbal Ahmed, who has a background in developing impactful technology solutions. Lysto operates independently without any known subsidiaries or parent companies.Lysto offers a suite of AI-powered playtesting solutions tailored for game studios and user researchers. Their core product includes a comprehensive workspace for designing, managing, and executing playtests, allowing clients to receive structured feedback from precision-matched players based on demographic preferences. Features include secure access, real-time gameplay analysis, and automated transcription and translation of feedback, catering to clients across the United States, Asia, and Europe.In 2023, Lysto generated revenue amounting to USD 1,615,976.80 with an EBITDA of USD 222,144.50, reflecting the company's operational performance and profitability during the year.In March 2022, Lysto raised USD 11.26 mn in pre-Series A funding from investors including Hashed Ventures and Tiger Global Management. The funding will be utilized to enhance the platform, expand business operations, and improve tools for distributing digital credentials. Lysto is focused on developing new products and plans to expand its services into additional markets, with specific strategies targeting various global regions, aiming to strengthen its market presence.

## Funding rounds

- Seed, Dec 29, 2021, $3M — Better Capital, BEENEXT, Xeed Ventures, Triple Eight Capital, Y'S INVESTMENT PTE. LTD., Cloud Capital, Boleh Ventures

## Investors

- Better Capital — Seed
- BEENEXT (https://capitalatlas.ai/funds/beenext) — Seed
- Xeed Ventures (https://capitalatlas.ai/funds/xeed-ventures) — Seed
- Triple Eight Capital — Seed
- Y'S INVESTMENT PTE. LTD. — Seed
- Cloud Capital — Seed
- Boleh Ventures — Seed