Lytica: Funding, Investors & Team (Sep 2026)

Lytica is a company that provides supply chain analytics software as a service to electronics companies. They focus on analyzing supply chain costs, ensuring a secure supply, and compliance. Their main product, Freebenchmarking.com (FBDC), is the largest database of real electronic component pricing, offering prices from actual customers instead of distribution or aggregated public data. By using FBDC, customers can identify cost outliers and take immediate action to save six-figure amounts or more. Lytica also offers ComponentCostEstimator.com (CCE) and CCE Mobile, which provide instant part pricing and alternative options using data from FBDC. Additionally, they provide the Lytica M&A Synergy Savings Report, which helps identify cost savings during pre-merger and integration phases. In 2017, Lytica constructed their Advanced Technology Center (ATC) to focus on advancing artificial intelligence initiatives to enhance customer experience, improve productivity, and achieve better results. With a team of experienced professionals in the electronics industry, Lytica is dedicated to helping companies make the most of their supply chain opportunities. To learn more, you can visit their website at lytica.com.

Lytica has raised $2.5M across 1 round on record. The most recent is an undisclosed round of $2.5M announced in Oct 2023.

Lytica's most recent funding round on record is an undisclosed round of $2.5M, announced in Oct 2023.

FundedIQ lists Mark Tayles (Founder) at Lytica.

Lytica is based in Ottawa, Ontario, Canada.

Lytica is in the 11-50 employee band.

Lytica's latest round of $2.5M is below the $5.5M median round size for Artificial Intelligence companies on FundedIQ across 7,233 tracked companies over the last two years.