LighthouseAI, a Los Angeles, CA-based company specializing in compliance solutions for the pharmaceutical supply chain, closed $4.6 million in seed funding.
SaaS Investors
The round was led by Healthy Ventures and BluePointe Ventures, with participation from Eileses Capital, Bertelsmann Next, The Legal Tech Fund, and other angel investors.
Founded in 2015, Healthy Ventures is a venture capital firm based in Mill Valley, California. The firm is a purpose-built, early-stage venture investor focused on health tech, with a mission to unlock the full potential of healthcare.
BluePointe Ventures is the venture capital arm of BluePointe Capital Management. The firm prefers to invest in innovative companies and fund managers. It prefers to invest in artificial intelligence, augmented reality, virtual reality, big data, and cloud/SaaS sectors. Founded in 2014 and is based in San Mateo, California.
Lighthouse AI Use of Funds
The company will use the funding to enhance the platform's features, scale operations, and penetrate new segments within the pharmaceutical industry.
About LighthouseAI
LighthouseAI specializes in AI-driven solutions to navigate the complex landscape of regulatory compliance in the life sciences supply chain. Its compliance automation solutions are designed to assist pharmaceutical supply chain professionals in maintaining regulatory compliance efficiently. The company delivers a SaaS solution that ensures seamless alignment with life sciences compliance regulations, protecting revenue and reducing costs and risks. Their product suite, including LighthouseAI Intelligence and LighthouseAI Management, uses artificial intelligence to identify facility-specific requirements, automate regulatory surveillance, and manage compliance-related activities.
Funding Details
Company: LighthouseAI
Raised: $4.6M
Round: Seed Round
Funding Month: October 2023
Lead Investors: Healthy Ventures and BluePointe Ventures
Additional Investors: Eileses Capital, Bertelsmann Next, The Legal Tech Fund
Company website: https://lighthouseai.com/
Software Category: Compliance Automation Solutions for the Pharmaceutical Supply Chain
Source: https://www.newswire.com/news/lighthouseai-closes-4-6m-seed-round-22154010