Swiss insurtech LTY secures minority investment from Akiden Ventures to expand digital insurance platform across Switzerland.
Round Type
Venture
SwitzerlandArtificial IntelligenceMachine LearningRisk ManagementInsurtechInsuranceInvestors
Description
Swiss insurtech LTY has accepted a minority investment from Akiden Ventures, with founder Steve Savioz joining LTY's board of directors. The capital will support LTY's expansion of insurance advisory and digital services across French-speaking and German-speaking Switzerland. LTY is strengthening its proprietary AI capabilities developed with research institute Idiap and integrating SPS, an established insurance advisory business. The investment recognizes LTY's profitable operating model, established technology platform, and experienced team since 2013.
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