NEW YORK and HONG KONG — Jan. 27, 2021 — Lynk, the AI-driven Knowledge-as-a-Service platform, today announced $24M in funding led by Brewer Lane Ventures and MassMutual Ventures, with additional participation from Alibaba Entrepreneurs Fund, bringing the company’s total funding to $30M. The funds will be used to advance Lynk’s product roadmap and expand its operations in North America to meet overwhelming demand in the US.
Investors and businesses will always need credible expertise, insights and opinions to inform decision making. Yet, with an information overload on the internet, there’s no clear way of finding the right person with the right level of knowledge for a businesses’ specific needs. In parallel, the COVID-19 pandemic has stalled executives’ ability to meet and seek advice on initiatives such as geographical expansion, product-market fit, brand building and more.
Lynk’s AI-driven data engine indexes knowledge domains and experts, delivering highly relevant discovery and matching questions to experts and answers with a human-in-the-loop approach to drive a virtuous cycle. The speed and efficiency of Lynk’s core SaaS offering, Lynk Answers, connects companies to more than 840K global experts to inform better business decisions.
“We invested in Lynk because we believe they are the only team capable of transforming knowledge management beyond the traditional approach of expert network consultancies,” said Martha Notaras, Managing Partner of Brewer Lane Ventures. “Lynk’s technology will exponentially increase the value delivered to its customers, so we are thrilled to be backing the company in this next phase of growth.”
Lynk’s platform is easy to use and offers powerful workflow and team collaboration capabilities that eliminate the email chaos associated with traditional consultancies. Using speech recognition and NLP technologies, conversations with experts can be automatically transcribed and organized for easy search and reference, resulting in better controls and higher productivity for customers. Lynk has plans to release enhanced products in the coming months that provide enterprises with comprehensive knowledge management solutions, helping businesses consolidate their experts and networks all on the same platform.
”We are seeing heightened demand across all regions. Our strong sales and account expansion are a reflection of the value we are creating for our customers,” said Peggy Choi, CEO and founder of Lynk. “Starting with Lynk Answers, our Knowledge-as-a-Service platform powers next generation tools for knowledge sharing and management, and the use cases are only growing. It’s exciting to see how our customers are pioneering these innovative solutions in managing their own knowledge and digital transformation needs. We’re thrilled to partner with our investors and customers to continue delivering on our mission.”
With 840K+ vetted global experts with experience from more than 1.2M companies like Airbnb, Pfizer, Wells Fargo, and even Oscar-winning directors, Lynk’s network of experts include c-level executives, thought leaders, scientists, managers, engineers, independent consultants, lawyers, accountants, financial analysts, and others, across a breadth of sectors such as internet technology, consumer goods, finance, pharmaceuticals and healthcare.
“Lynk is leading the way in democratizing access to knowledge and redefining how it’s shared through its advanced technology platform,” said Anvesh Ramineni, Managing Director at MassMutual Ventures. “We are proud to support Lynk and look forward to its future growth driven by new products and continued research and development.”
More than 200 customers utilize Lynk’s platform, including Fortune 500 companies, global private equity funds, hedge funds, media, top tier consulting firms, government agencies, and multinational enterprises and startups, with users spanning more than 90 countries.
”Lynk has become the leading platform of its kind in Asia, and we have seen a growing demand for its intelligence,” said Cindy Chow, Executive Director of Alibaba Entrepreneurs Fund. “Lynk is in a unique position and has a strong network of experts from multiple business areas, allowing the company to provide solutions and services to clients anytime, anywhere. This is invaluable to the business decision process in this informed world.”
Lynk is the AI-driven platform pioneering Knowledge-as-a-Service applications. Lynk’s core solution, Lynk Answers, connects institutions and companies to 840K+ global experts to make better business decisions. Using data to index knowledge domains and experts, Lynk’s engine delivers highly relevant discovery and matching of questions to experts and answers with a human-in-the-loop approach to drive a virtuous cycle, making knowledge sharing faster and easier than ever. With more than 200 employees, the company has offices in 8 locations, including New York City, Singapore, Hong Kong, Mumbai, Shanghai, Hyderabad and Toronto. The Lynk team represents 20+ nationalities, with a 50/50 female-male gender ratio across its team and board. For more information, visit https://lynk.global/.
About Brewer Lane Ventures
Brewer Lane Ventures is an early stage venture firm focused on insurtech and fintech companies. Using the team’s deep knowledge of the insurance and financial services industries, Brewer Lane invests in startups that will transform the market for companies and consumers alike. We bring together domain expertise from founding and scaling startups, venture investing, and running Fortune 100 companies. Brewer Lane’s partners have significant operating and board experience in leading financial services companies like New York Life, Prudential, Fiserv and Cigna. To learn more, visit brewerlane.com or @BrewerLaneVC.