Lytica: Funding, Investors & Team (Oct 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 funding round on record, the most recent an undisclosed round of $2.5M announced in Oct 2023.
That round is below the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Lytica Company Profile and Key Stats
Latest funding round on record: Oct 2023.
Lytica Funding Rounds
Lytica Founders and Leadership Team
No contact details are on record for this team yet.
Lytica Funding Compared to Other Artificial Intelligence Startups
Lytica's latest round of $2.5M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Lytica Funding FAQs
What does Lytica do?
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.
How much funding has Lytica raised?
Lytica has raised $2.5M across 1 round on record. The most recent is an undisclosed round of $2.5M announced in Oct 2023.
When did Lytica last raise funding?
Lytica's most recent funding round on record is an undisclosed round of $2.5M, announced in Oct 2023.
Who founded Lytica?
FundedIQ lists Mark Tayles (Founder) at Lytica.
Where is Lytica headquartered?
Lytica is based in Ottawa, Ontario, Canada.
How many employees does Lytica have?
Lytica is in the 11-50 employee band.
How does Lytica's funding compare to other Artificial Intelligence startups?
Lytica's latest round of $2.5M is below the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,241 tracked companies over the last two years.
About FundedIQ's Lytica Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Lytica is left off this page rather than filled in.
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