Lynk, the “knowledge-as-a-service” platform with greater than 840,000 consultants, introduced right now it has added $5 million raised from UBS’ Funding Financial institution division to its beforehand introduced Sequence B. This brings the spherical’s new whole to $29 million.
The strategic funding marks the primary time UBS has invested non-public fairness in Lynk. The startup, which has now raised $35 million in funding, added UBS as a consumer in Might, giving the banking large’s analysis analysts and institutional investor shoppers entry to Lynk’s database and instruments.
Based in 2015 by chief govt officer Peggy Choi, Lynk makes use of machine studying algorithms to match customers with consultants on its platform. Its purpose is to attach its shoppers, together with monetary establishments and authorities organizations, with individuals they may not often discover on-line or at conventional consultancy. The corporate has workplaces in New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto.
As a part of the funding, Lynk will broaden its collaboration with UBS Group. UBS Funding Financial institution’s International Markets workforce was already providing Lynk to its institutional investor shoppers. Lynk has additionally introduced a few of UBS International Analysis’s top-ranked analysts onto its platform as consultants, together with in areas like Environmental, Social and Governance (ESG), valuation and accounting, and business developments in China.