Lyfta

Helsinki, Finland Founded: 2016 • Age: 10 yrs
A VR platform is utilized for searching immersive educational content.
Annual revenue - Latest available
Total funding - 4 rounds
Employees 9 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Lyfta

Lyfta is a company based in Helsinki (Finland) founded in 2016 by Paulina Tervo, Tiina Rantakokko, and Serdar Ferit. The company has 9 employees as of December 31, 2020. Lyfta offers products and services including Storyworlds, Lyfta Platform, and Live Lessons. Lyfta operates in a competitive market with competitors including zSpace, Inspirit, Prisms of Reality, Dreamscape Learn and Practically, among others.

  • Headquarter Helsinki, Finland
  • Employees 9 as on 31 Dec, 2020
  • Founders Paulina Tervo, Tiina Rantakokko, Serdar Ferit
  • Sectors
    Technology
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lyfta Education Limited
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $61.97 K (USD), Grant

    Jan 31, 2018

  • Investors
  • Employee Count
    9

    as on Dec 31, 2020

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Products & Services of Lyfta

Lyfta offers a comprehensive portfolio of products and services, including Storyworlds, Lyfta Platform, and Live Lessons.

Primary

Interactive platforms for exploring global cultures and narratives in classrooms.

Tool for accessing multimedia lessons and collections for school use.

Sessions that integrate storyworlds into curriculum for enhanced engagement.

People of Lyfta

Headcount 10-50
Employee Profiles 22
Employee Profiles
People
Daniele Mercanti
Chief Information Officer
People
Atif Mahmood
Chief Commercial Officer
People
Hasan Ferit
Customer & IT Support Manager
People
Tim Burridge
Head, People Operations

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Funding Insights of Lyfta

  • Total Funding
  • Total Rounds 4
  • Last Round Grant — $61,968
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Grant - Lyfta Valuation

investors

Aug, 2017 Amount Grant - Lyfta Valuation

investors

Jan, 2017 Amount Grant - Lyfta Valuation

investors

Investors in Lyfta

Lyfta has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, xEdu and EIC Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Education startups are accelerated by xEdu in Finland.
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location

Investments & Acquisitions by Lyfta

Investments

Financial Statements - Lyfta

Lyfta Comparisons

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Competitors of Lyfta

Lyfta 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 zSpace, Inspirit, Prisms of Reality, Dreamscape Learn and Practically, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AR/VR headsets and educational content are supplied for immersive learning.
domain founded_year HQ Location
Virtual labs and simulations for science education are provided.
domain founded_year HQ Location
Provider of an education platform that utilizes virtual reality to teach core math and science concepts
domain founded_year HQ Location
Online platform offering VR-based learning solutions for students
domain founded_year HQ Location
Developer of an experiential self-learning application for students
domain founded_year HQ Location
Develops XR and AI solutions for immersive learning in education and enterprise sectors.

Latest news on Lyfta

Frequently Asked Questions about Lyfta

Lyfta was founded in 2016.

Lyfta is headquartered in Helsinki, Finland.

Paulina Tervo is the current CEO of Lyfta. They have also founded this company.

As of Dec 31, 2020, the latest employee count at Lyfta is 9.

Founded in 2016 in Helsinki, Finland, Lyfta operates as a virtual reality search platform focused on educational content for teachers and students. Coverage includes subjects such as literacy, personal social health education, geography, art, music, and religions. Access to personal libraries is enabled, along with tools for students to create virtual stories. Collaborations with entities like UNHCR and Samsung support its development in the edtech sector.

Lyfta's top competitors include zSpace, Practically and Dreamscape Learn.

Lyfta offers Storyworlds, Lyfta Platform, and Live Lessons.

Lyfta has 3 investors. Key investors include European Union, xEdu, and EIC Fund.

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