Ligence

Vilnius, Lithuania Founded: 2019 • Age: 7 yrs
AI-based 2D echocardiography is provided for heart ultrasound analysis.

About Ligence

Ligence is a company based in Vilnius (Lithuania) founded in 2019.. Ligence has raised $3.2 million across 2 funding rounds from investors including European Union, Simpact Ventures and CoInvest Capital. Ligence offers products and services including Ligence Heart and Integration Services. Ligence operates in a competitive market with competitors including iRhythm Tech, Ambra Health, Tricog, Ultromics and Evolucare, among others.

  • Headquarter Vilnius, Lithuania
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Healthcare Products & Supplies
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.2 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.2 M (USD), Seed

    Nov 12, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Ligence

Ligence offers a comprehensive portfolio of products and services, including Ligence Heart and Integration Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

AI tool for analyzing heart ultrasound images and generating reports.

Services for connecting with PACS and EHR systems.

People of Ligence
Headcount 1-10
Employee Profiles 6
Employee Profiles
People
Neringa Valantinė
Project Manager
People
Arnas Karužas
Chief Executive Officer
People
Dovydas Matuliauskas
Business Development Manager
People
Gytautė Navikaitė
Research and Partnerships Manager

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Funding Insights of Ligence

Ligence has successfully raised a total of $3.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $3.2M
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2024 Amount Seed - Ligence Valuation Simpact VC
Oct, 2021 Amount Grant - Ligence Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ligence

Ligence has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include European Union, Simpact Ventures and CoInvest Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
A venture capital fund focused on impact investing is operated.
Founded Year Domain Location
-
Founded Year Domain Location
Early stage tech investments are made by Lemonade Stand.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ligence

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Ligence

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ligence Comparisons

Employees
+
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Competitors of Ligence

Ligence operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as iRhythm Tech, Ambra Health, Tricog, Ultromics and Evolucare, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
domain founded_year HQ Location
Cloud-based platform for medical image management and exchange
domain founded_year HQ Location
AI-powered cardiac diagnostic solutions are provided for care pathways.
domain founded_year HQ Location
AI-powered echocardiography analysis for cardiovascular disease detection is provided.
domain founded_year HQ Location
Software for critical care and medical imaging management is provided.
domain founded_year HQ Location
An analytics platform for managing hemodynamic instability is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ligence

Frequently Asked Questions about Ligence

When was Ligence founded?

Ligence was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Ligence located?

Ligence is headquartered in Vilnius, Lithuania.

Is Ligence a funded company?

Ligence is a funded company, having raised a total of $3.2M across 2 funding rounds to date.

What does Ligence do?

Ligence was founded in 2019 in Vilnius, Lithuania, within the healthcare sector. AI-based 2D echocardiography is offered by the company for automated analysis of cardiac ultrasounds. Real-time monitoring and prevention of heart disease are supported through this technology. Operations focus on integrating AI to assist in clinical heart assessments across medical settings.

Who are the top competitors of Ligence?

Ligence's top competitors include Ambra Health, iRhythm Tech and Tricog.

What products or services does Ligence offer?

Ligence offers Ligence Heart and Integration Services.

Who are Ligence's investors?

Ligence has 7 investors. Key investors include European Union, Simpact Ventures, CoInvest Capital, Lemonade Stand, and NGL.

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