Lucy Completes $6M Series A Funding to Support Growth of Best-in-Breed AI Powered Knowledge Management

MINNEAPOLIS – January 18, 2022 – (Newswire.com)

Lucy, a market-leading AI-powered knowledge management solution built for Fortune 1000s, today announced $2.5 million in additional financing from Naples Technology Ventures and Rev1 Ventures. This completes their $6 Million Series A funding led by Dallas Venture Capital with participation from existing investors. The funds raised will be used to accelerate growth, add features, and enhance marketing efforts.

Frank Mergenthaler, Advisor at Naples Technology Ventures, will be joining Lucy's board. Mr. Mergenthaler brings years of leadership and enterprise experience to Lucy. His long-term record of achievement and value-creation will play an important role in elevating Lucy's approach to driving growth and value in the marketplace.

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