Lithuania · Information technology & services startup

Ligence

Ligence is a health technology startup based in Vilnius, Lithuania, founded in 2019.

Funding reportedLast round: Non equity assistance

Information technology & servicesVilnius, Lithuania

About Ligence

Ligence is a health technology startup based in Vilnius, Lithuania, founded in 2019.

The company focuses on developing Artificial Intelligence and Deep Learning solutions to automate echocardiography analysis. Established by a team of medical practitioners and engineers, Ligence aims to improve diagnostic accuracy for cardiovascular diseases and reduce the workload on medical staff. The company offers B2B software licensing solutions for hospitals and clinics, with its flagship product, Ligence Heart, providing an automated echocardiography analysis suite. This software significantly reduces the time required for heart ultrasound examinations from 30-90 minutes to about 5 minutes. Key features include automated measurements, image quality enhancement, and real-time analysis, all while ensuring compliance with medical standards. Ligence also provides support and localization options for healthcare facilities. Ligence has raised approximately €3 million to €4.49 million in seed funding, with notable investors including Simpact Ventures and the European Innovation Council Fund. The company actively serves healthcare providers in Lithuania and has partnered with organizations like Blackford Analysis to enhance its offerings.

What company datasets say Ligence raised

Funding, as reported

Reported in all3.5Min the source's currency
Rounds10
Last roundNon equity assistance
Last round size3.3M
Last round dateMay 2024
Investors listed5

Founders and team

From Ligence's own website: 9 on the team.

  • Arnas KaružasCEO
  • Cyril Di GrandiCEO of Avicenna
  • Džiugas VaitkusChief Business Development Officer
  • Justinas BalčiūnasCOO
  • Lukas IgnatavičiusCTO
  • Alvaro PérezVP of Quality and Regulatory
  • Indra RaudonėHead of Quality Systems and Regulatory Affairs
  • Karolis NaskauskasMedical Data Analyst
  • Neringa ValantinėProject Manager

On 4 portfolio pages

Investors who name them

Each firm lists Ligence on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

health carecomputer & network securityautomated cardiac image measurementsinformation technology & servicescardiologyai in cardiovascular diagnosticsdata securityhospital & health careai-powered echocardiography analysisautomated heart ultrasound analysismedicalhealthhealthcare softwarecloud-based medical imagingservicescardiology diagnostics automation

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Sector
Information technology & services
Industry code
NAICS 33911, 513210, 334510, SIC 3845, 7372, 3841
Region
Vilnius County
Full record
Every detail in the company directory

Information technology & services in Lithuania

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