A startup focused on developing a platform guiding digital customer interactions for insurers and other businesses has raised $14.5 million in new financing.
Lightico said that Mangrove Capital Partners led the investment, a venture capital firm with portfolio companies including Skype. Crescendo Venture partners and early stage investors lool ventures and Spinach Angels also participated.
Plans call for using the financing to propel further growth, product development and a global expansion. Lightico describes its platform as enabling businesses to instantly collect eforms, eSignatures, documents, photos, eConsent, payments and verify ID from their customer’s mobile device for simple, secure and app-free interactions.
Lightico did not disclose revenue figures but asserted that it has rapidly hired new employees and boosted revenue. The company said it “services millions of consumers through more than 250 financial institutions, telcos and insurance companies.”
Lightico is based in New York and Tel Aviv.
Source: Lightico