# Ligence: Information technology & services, Vilnius, Lithuania

> Ligence: Ligence is a health technology startup based in Vilnius, Lithuania, founded in 2019. Based in Vilnius, Lithuania. Founded 2019.

Source: https://millionrounds.com/startup/ligence (Millionrounds; every figure on the page links to its filing or article)

Lithuania · [Information technology & services startup](https://millionrounds.com/companies)

# Ligence

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

Funding reported Last round: Non equity assistance

Information technology & services Vilnius, Lithuania

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Company summary

- **Founded:** 2019 7 years old
- **Team:** 33 11 to 50 people
- **Funding reported:** 3.5M as listed, currency not stated
- **Last round:** Non equity assistance May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Ligence has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **3.5M** in the source's currency

Rounds **10**

Last round **Non equity assistance**

Last round size **3.3M**

Last round date **May 2024**

Investors listed **5**

## Founders and team

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

- **Arnas Karužas** CEO
- **Cyril Di Grandi** CEO of Avicenna
- **Džiugas Vaitkus** Chief Business Development Officer
- **Justinas Balčiūnas** COO
- **Lukas Ignatavičius** CTO
- **Alvaro Pérez** VP of Quality and Regulatory
- **Indra Raudonė** Head of Quality Systems and Regulatory Affairs
- **Karolis Naskauskas** Medical Data Analyst
- **Neringa Valantinė** Project Manager

## On 4 portfolio pages

Investors who name them

- [Lemonade Stand](https://millionrounds.com/fund/lemonade-stand)
- [4PM Ventures](https://millionrounds.com/fund/4pm-ventures)
- [Coinvest Capital](https://millionrounds.com/fund/coinvest-capital)
- [Sofigama](https://millionrounds.com/fund/sofigama)

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 care computer & network security automated cardiac image measurements information technology & services cardiology ai in cardiovascular diagnostics data security hospital & health care ai-powered echocardiography analysis automated heart ultrasound analysis medical health healthcare software cloud-based medical imaging services cardiology diagnostics automation

Built with from their website

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+8 more

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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](https://millionrounds.com/directory/ligence)

## Information technology & services in Lithuania

Startups like it

- [**Vinted** Vilnius · founded 2008 *Raised*](https://millionrounds.com/company/vinted)
- [**nexos.ai** Vilnius · founded 2024 *Raised*](https://millionrounds.com/company/nexos-ai)
- [**AMLYZE** Vilnius · founded 2019 *Raised*](https://millionrounds.com/company/amlyze)
- [**EnforceShield** Vilnius · founded 2024 *Raised*](https://millionrounds.com/company/enforceshield)
- [**oxylabs.io** Vilnius · founded 2015](https://millionrounds.com/startup/oxylabs-io)
- [**PVcase** Vilnius · founded 2017](https://millionrounds.com/startup/pvcase)
- [**Venice Swap** Vilnius · founded 2021](https://millionrounds.com/startup/venice-swap)
- [**Zenith Chain** Vilnius · founded 2021](https://millionrounds.com/startup/zenith-chain)

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