About Lytica
Lytica is a company based in Ottawa (Canada) founded in 2005. Lytica has raised $24.9 million across 6 funding rounds from investors including York IE, Resolve Growth Partners and FedDev Ontario. Lytica offers products and services including SupplyLens™ Pro, Spend Benchmarking, Price Estimator, Negotiator Validator, and API Solutions. Lytica operates in a competitive market with competitors including Kyriba, CyberGRX, ObserveIT, OpenGamma and Realeyes, among others.
- Headquarter Ottawa, Canada
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Lytica Ltd.
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Annual Revenue
Not available
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Net Profit
-$53.48 (USD)95as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$24.9 M (USD)
in 6 rounds
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Latest Funding Round
$2.5 M (USD), Series B
Jun 12, 2025
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Investors
York IE
& 2 more
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Employee Count
Not available
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Products & Services of Lytica
Lytica offers a comprehensive portfolio of products and services, including SupplyLens™ Pro, Spend Benchmarking, Price Estimator, Negotiator Validator, and API Solutions.
Platform for analyzing electronic component spend and risks
Tool to compare component spending against industry peers
Service for estimating prices of electronic components
Tool to validate and improve negotiation strategies
APIs for integrating spend analytics into systems
People of Lytica
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Funding Insights of Lytica
Lytica has successfully raised a total of $24.9M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $2.5 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Lytica
Lytica has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include York IE, Resolve Growth Partners and FedDev Ontario.
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Growth equity services for B2B SaaS companies.
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Advisory and investment services for technology companies, focusing on B2B SaaS growth.
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It serves as a government backed investment fund focused on the economic growth of southern ontorio.
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Investor details for Lytica
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lytica
Investment portfolio details for Lytica
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Financial Statements - Lytica
Detailed financials for Lytica
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Lytica Comparisons
Peer comparison for Lytica
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Lytica
Lytica operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kyriba, CyberGRX, ObserveIT, OpenGamma and Realeyes, among others.
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Cloud-based treasury automation and risk management solutions are provided.
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Cloud-based risk assessment and management solutions are provided for enterprises.
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Insider threats are detected and managed via user behavior analytics.
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SaaS-based solutions for derivatives risk analytics are provided.
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AI-powered attention measurement and identity verification solutions are provided.
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Risk management software is supplied for insurance and various sectors.
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Detailed competitors of Lytica
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Verified entity values are shown only after access is granted.
Latest news on Lytica
Complete news archive for Lytica
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Frequently Asked Questions about Lytica
Lytica was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Lytica is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Martin Sendyk is the current CEO of Lytica.
Lytica is a funded company, having raised a total of $24.9M across 6 funding rounds to date.
Lytica was founded in 2005 in Ottawa, Canada, within the electronics supply chain sector. A platform is offered that analyzes electronic component spending and identifies risks using real customer data. Insights into pricing and sourcing are generated to support procurement decisions. Transparency in the electronic components market is enabled, allowing mitigation of disruptions and enhancement of supply chain resilience.
Lytica offers SupplyLens™ Pro, Spend Benchmarking, Price Estimator, Negotiator Validator, and API Solutions.
Lytica has 3 investors. Key investors include York IE, Resolve Growth Partners, and FedDev Ontario.