Experience creation platform WYTH raises CHF1.6M
Summary
This move is enabled by the proceeds from the pre-seed financing round with Privil\xe8ge Ventures as the lead investor. Wyth also enables companies to activate and support new business models for private communities and events, with specific solutions dedicated to distributed enterprises, education, entertainment and institutions.The Lugano-based company has already collaborated with several customers and partners using the platform. Companies and institutes include 24Ore Business School, Locarno Film Festival, Doc Lisboa, Listone Griordano, SUPSI, Knorr, Identity Group, EAVE, NTT Data, and many others.Moving forward, Wyth has secured fresh funds in a pre-seed investment round to enable its plans. With this first round, we will be able to reach an important milestone, the launch of the SaaS platform, which will provide a completely new, easy and engaging experience to our customers and their respective communities. Elian Kool, chairman of Gentian Investments adds: Im fully bought in on the vision of WYTH, but even more impressed me what the company had already delivered to customers.