6 days ago
See the 8-slide pitch deck AI video calling platform Lyra used to raise a $6 million seed round from Y Combinator and 468 Capital
Lyra has raised $6 million to expand its AI-native video meeting platform.
The San Francisco and New York-based startup lets customers turn sales calls into real-time whiteboards and keep all their conversations about a project in one place.
The product was born when its 23-year-old founder, a marketing consultant, said he realized that go-to-market strategies are repetitive and manual. He thought they could be optimized with AI.
"We basically just took a huge bet that everyone is wrong, all the AI note takers are wrong," said Courtne Marland, Lyra's cofounder and CEO. "Instead, you actually need to rebuild the conferencing platform itself because then you can control the entire screen."
Once a meeting is scheduled in a virtual calendar, a link for a Lyra meeting is created, just like it is for existing meeting platforms. A team then has a call in which participants can collaborate on a screen share. Lyra's AI generates notes that can be shared after the meeting.
The startup, which is now valued at $40 million, was part of Y Combinator's spring 2025 batch.
From its November launch, the company's revenue climbed from $20,000 to $700,000 in six weeks. Marland said Lyra is now powering over 200 hours of calls per week and competes with Zoom, Google Meet, and Microsoft Teams.
The $6 million seed round was led by 468 Capital, with participation from Rebel Fund, Y Combinator, and executives from companies like Ramp, Gusto, and Zapier. The round is Lyra's second, following a small pre-seed round in November with contributions from three angel investors.
Lyra's product is priced on a pay-per-minute basis. Packages start at $6,000, which gets users about 200,000 minutes. Pricing is customized after this amount, but gets cheaper with more minutes.
With the cash injection, Maland wants to invest in the startup's infrastructure, which is under stress because of quick growth.
"It's a mission-critical software, which means people don't ever rip it out of their business," he said. "So it needs to work 100%, all the time."
Marland said that the company also wants to expand its go-to-market team by hiring engineers, product designers, and a head of growth. The company has a total of 5 employees, including the two cofounders.
Check out the pitch deck Lyra used to secure the fresh funding.
