Lemhi Emerges from Stealth with Pre-Seed Funding

Lemhi Emerges from Stealth with Pre-Seed Funding

Lemhi, an Indianapolis--based AI Transformation-as-a-Service platform for Managed Service Providers (MSPs), has emerged from stealth with a pre-seed funding.

The pre-seed round was led by Top Down Ventures, with participation from Lookout Ventures and Start Something Ventures.

The funding will support the expansion of Lemhi’s AI Transformation-as-a-Service platform, the rollout of its first product, Lemhi Engage, and the onboarding of MSP partners to scale AI service delivery.

Lemhi is an AI Transformation-as-a-Service platform designed specifically for Managed Service Providers (MSPs). The company enables MSPs to package, deliver, govern, and measure AI initiatives as recurring managed services rather than one-off consulting projects. Its flagship product, Lemhi Engage, provides a structured framework for AI adoption, including workforce readiness assessments, ROI planning, Microsoft 365 tenant evaluations, governance guardrails, and phased implementation roadmaps.

Funding Details

Company: Lemhi

Raised: $0.0M

Round: Pre-Seed

Funding Date: June 2026

Lead Investor: Top Down Ventures

Additional Investors: Lookout Ventures, Start Something Ventures

Company Website: https://www.lemhi.com

Software Category: AI Transformation-as-a-Service (AI Management Platform for MSPs)