LighthouseAI, a Los Angeles, CA-based provider of compliance solutions for the pharmaceutical supply chain, raised $2.25 million in funding.
The round was led by Healthy Ventures, with participation from Bertelsmann Next.
The company intends to use the funds to accelerate the growth and development of its flagship product suite, enhance features and functionalities, scale operations, penetrate new segments within the industry, and solidify its position as an industry innovator.
LighthouseAI provides a SaaS product suite engineered to automate pharmaceutical supply chain compliance for professionals who are responsible for life sciences compliance with federal and state regulations for alignment with them, protecting revenue and reducing costs and risks.
Company: LighthouseAI
Raised: $2.25M
Round: Unknown
Funding Month: August 2023
Lead Investors: Healthy Ventures
Additional Investors: Bertelsmann Next
Company Website: https://lighthouseai.com/
Software Category: Compliance Solutions
About the Company: Led by CEO Sumeet Singh, LighthouseAI, a Pharma Solutions company, provides software solutions to pharmaceutical manufacturers, logistics companies, wholesalers, and pharmacies. The LighthouseAI product suite includes LighthouseAI Intelligence, which uses artificial intelligence to automate compliance requirement research, and LighthouseAI Management, which enables maintenance. The company serves 650 clients.
Source: https://www.finsmes.com/2023/08/lighthouseai-raises-2-25m-in-funding.html