What is Lysto?
Founded in 2021 and headquartered in India, Lysto operates within the blockchain and Web3 sector, focusing on providing on-chain credentials. These credentials serve as verifiable digital attestations, enabling secure and transparent verification of achievements, memberships, or qualifications in a decentralized manner. The company's mission is to build a more trustworthy digital identity framework by leveraging blockchain technology.
How much funding has Lysto raised?
Lysto has raised a total of $12M across 1 funding round:
Other Financing Round
$12M
Other Financing Round (2022): $12M with participation from Square Peg Capital and Beenext
Key Investors in Lysto
Square Peg Capital
Square Peg Capital is a venture capital firm known for investing in emerging technology companies across the internet economy, with a focus on regions including Australia, New Zealand, Southeast Asia, and Israel.
Beenext
Beenext is a founder-first venture capital firm that supports innovative entrepreneurs globally, with a portfolio spanning fintech, sustainability, mobility, and enterprise SaaS.
What's next for Lysto?
With the recent major strategic investment, Lysto is poised for accelerated growth and expansion. The capital infusion is expected to fuel product development, enhance its on-chain credentialing infrastructure, and broaden its market reach, particularly within the enterprise sector seeking robust digital identity solutions. This strategic financing indicates strong confidence from investors in Lysto's potential to redefine digital verification and identity management in the Web3 era.
See full Lysto company page
