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
$0 (USD)0as on Dec 31, 2023
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Net Profit
$-53.48 (USD)95as on Dec 31, 2023
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EBITDA
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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
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $2.5M
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First Round
First Round
(14 Jul 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series B - Lytica | Valuation |
investors |
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| Jul, 2024 | Amount | Series B - Lytica | Valuation |
investors |
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| Oct, 2023 | Amount | Series A - Lytica | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth equity services for B2B SaaS companies.
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Founded Year | Domain | Location | |
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Advisory and investment services for technology companies, focusing on B2B SaaS growth.
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Founded Year | Domain | Location | |
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It serves as a government backed investment fund focused on the economic growth of southern ontorio.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lytica
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lytica
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lytica Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based treasury automation and risk management solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based risk assessment and management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Insider threats are detected and managed via user behavior analytics.
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| domain | founded_year | HQ Location |
SaaS-based solutions for derivatives risk analytics are provided.
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| domain | founded_year | HQ Location |
AI-powered attention measurement and identity verification solutions are provided.
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| domain | founded_year | HQ Location |
Risk management software is supplied for insurance and various sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lytica
Frequently Asked Questions about Lytica
When was Lytica founded?
Lytica was founded in 2005 and raised its 1st funding round 15 years after it was founded.
Where is Lytica located?
Lytica is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Who is the current CEO of Lytica?
Martin Sendyk is the current CEO of Lytica.
Is Lytica a funded company?
Lytica is a funded company, having raised a total of $24.9M across 6 funding rounds to date. The company's 1st funding round was a Series A of $2.5M, raised on Jul 14, 2020.
What does Lytica do?
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.
Who are the top competitors of Lytica?
What products or services does Lytica offer?
Lytica offers SupplyLens™ Pro, Spend Benchmarking, Price Estimator, Negotiator Validator, and API Solutions.
Who are Lytica's investors?
Lytica has 3 investors. Key investors include York IE, Resolve Growth Partners, and FedDev Ontario.