Lynq

Lynq is a digital connectivity solutions provider that enhances business communication and customer engagement through its innovative applications, primarily targeting small to medium-sized enterprises. Founded in 2014 in Brooklyn, US, Lynq focuses on digital connectivity solutions that streamline interactions for businesses. The company has completed four deals, with its most recent funding round—a Seed round—occurring on June 29, 2017, raising USD 1. 9 mn, led by Plus 8 Equity with participation from ARC Angel Fund and Angel Investor Forum.

Key founders include Dave Shor, Karina da Costa, and Matthew Misbin, all bringing diverse entrepreneurial backgrounds to the company. LynqMe specializes in innovative digital connectivity solutions that enhance communication and engagement for businesses and their customers. The company's core offerings include a suite of applications designed to streamline digital interaction, improve customer relationship management, and facilitate seamless information sharing. These products are targeted primarily at small to medium-sized enterprises (SMEs) across various sectors, including retail, hospitality, and professional services.

LynqMe's solutions empower businesses to optimize their customer interactions by providing tools for personalized marketing, real-time feedback, and data analytics. The company's products cater to a global market, with a particular emphasis on North America and Europe, where demand for advanced communication technologies is robust and growing. LynqMe generates revenue through a subscription-based model, providing clients with access to its suite of digital connectivity tools. Customers typically engage in annual or monthly subscription agreements, which allow for scalable access to the platform's features.

The revenue structure accommodates various business sizes, offering tiered pricing plans based on the features and level of support required. This transactional approach ensures that clients can choose the level of service that best meets their operational needs, focusing on enhancing customer engagement and collecting actionable insights critical to driving business growth. In June 2017, new investor Plus 8 Equity led a USD 1. 9 mn Seed financing for Lynq, with participation from other investors.

The funding will support the development of new products and features aimed at enhancing customer engagement capabilities. LynqMe plans to expand into additional markets in North America and Europe, targeting a broader audience by the end of 2023. The company aims to leverage its recent funding to accelerate development timelines and enhance product offerings.