Lyntics is a technology company.
Lyntics has raised $3.0M across 1 funding round.
Lyntics has raised $3.0M in total across 1 funding round.
Lyntics has raised $3.0M in total across 1 funding round.
Lyntics's investors include FJ Labs, Fuel Venture Capital.
Lyntics is a Munich-based technology company developing an AI-driven data literacy platform that aggregates data-related work across departments, extracts underlying logics, and makes this knowledge searchable and usable for all employees.[1][2] It targets data-driven organizations struggling with siloed data, poor documentation, and limited expertise, solving these by centralizing data assets, enabling instant insights, and accelerating development up to 5x faster through features like Data Search, Data IQ, and Data Spaces.[1][2] Launched in November 2021 after securing €3.2 million in seed funding co-led by Ventech and Senovo, Lyntics addresses Gartner's prediction that data literacy will drive business value, turning scarce data experts into scalable organizational competence.[1][2]
The platform serves enterprises facing data chaos—messy structures, repetitive work, and inaccessible knowledge—by providing an overarching view of every data asset, automating pipelines without code, and fostering better decisions without tedious workshops.[2]
Lyntics was co-founded by Andreas Kloetzel and Thomas Kerschbaumer, both early employees at process mining unicorn Celonis, bringing deep expertise in data analytics and implementation.[1] In 2017, they launched Process and, a data analytics consulting firm, where they developed Lyntics internally in 2018 to streamline their projects.[1] Strong standalone customer demand prompted its official launch as a dedicated platform in November 2021, backed by €3.2M seed from Ventech (pan-European digital VC), Senovo (B2B SaaS specialist), and angels like Guntram Friede (ex-Salesforce/MuleSoft marketing head).[1] This pivot from consulting tool to scalable SaaS marked its pivotal traction moment, amid rising data literacy challenges cited by Gartner as a top analytics roadblock.[1]
Lyntics stands out in data management by focusing on literacy at scale, not just storage or analytics:
Unlike general CDPs (e.g., Lytics.com, a separate personalization tool), Lyntics uniquely targets internal data comprehension for all employees.[2][3]
Lyntics rides the data literacy wave, critical as Gartner forecasts it as a key business value driver by 2023, amid talent shortages from retiring experts and exploding data volumes.[1][2] Timing aligns with AI democratization and composable data stacks, where companies lose ROI on analytics due to inaccessible knowledge—Lyntics counters this by scaling expertise enterprise-wide.[1] Market forces like rapid IT changes, siloed systems, and B2B SaaS growth favor it, influencing the ecosystem by enabling faster innovation in data-heavy sectors like analytics and process mining.[1][2] Backed by VCs with Celonis ties, it bridges consulting roots to platform scale, empowering non-experts in a talent-scarce world.
Lyntics is poised for expansion with its seed momentum, likely pursuing Series A to enhance AI capabilities and enterprise integrations amid surging demand for data democratization.[1][2] Trends like agentic AI, multimodal data, and regulatory pushes for explainable analytics will amplify its role, potentially positioning it as a standard for literacy platforms. Its influence may evolve from niche solver to ecosystem enabler, scaling data competence as true experts remain rare—turning every employee into a data-savvy decision-maker, much like its origins at Celonis presaged process mining's rise.[1]
Lyntics has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2022 | $3.0M Seed | FJ Labs, Fuel Venture Capital |