About Lytx
Lytx is a company based in San Diego (United States) founded in 1998 was acquired by Permira in January 2020. Lytx has raised $153.4 million across 9 funding rounds from investors including Volvo Group, Permira and HarbourVest Partners. The company has 28 employees as of April 07, 2024. Lytx offers products and services including Fleet Safety, Fleet Tracking, Digital DVIR, Lytx+, and DriveCam. Lytx operates in a competitive market with competitors including Nexar, Smart Eye, Nextbase, Waylens and Gatekeeper Systems, among others.
- Headquarter San Diego, United States
- Employees 28 as on 07 Apr, 2024
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Sectors
TechnologyIndustrial Goods & Manufacturing Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name Lytx India Technologies Private Limited
- Date of Incorporation 20 Sep, 2021
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$961.58 K (USD)2493.12as on Mar 31, 2023
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Net Profit
$64.92 K (USD)124.98as on Mar 31, 2023
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EBITDA
$143.82 K (USD)162.14as on Mar 31, 2023
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Total Equity Funding
$153.4 M (USD)
in 9 rounds
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Latest Funding Round
Not available
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Investors
Volvo Group
& 14 more
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Employee Count
28
as on Apr 07, 2024
- Acquired by
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Products & Services of Lytx
Lytx offers a comprehensive portfolio of products and services, including Fleet Safety, Fleet Tracking, Digital DVIR, Lytx+, and DriveCam.
AI-powered program to prevent accidents and enhance driver safety.
Video-enhanced GPS for monitoring fleet performance and efficiency.
App-based workflows for vehicle inspections and asset protection.
All-in-one solution combining video safety and telematics features.
Advanced camera for fleet monitoring and accident prevention.
Technology for real-time video insights in fleet operations.
People of Lytx
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Funding Insights of Lytx
Lytx has successfully raised a total of $153.4M across 9 strategic funding rounds. 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 Lytx
Lytx has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Volvo Group, Permira and HarbourVest Partners.
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Private market investment solutions are offered to institutional clients.
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Private equity investments and firm management in Chicago.
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Lower and mid-market investments are managed through private equity strategies.
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Investor details for Lytx
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Investments & Acquisitions by Lytx
Investment portfolio details for Lytx
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Financial Statements - Lytx
Detailed financials for Lytx
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Lytx Comparisons
Peer comparison for Lytx
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Competitors of Lytx
Lytx 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 Nexar, Smart Eye, Nextbase, Waylens and Gatekeeper Systems, among others.
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AI-driven dashcams and road safety solutions are provided for drivers.
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AI-powered driver monitoring systems are developed for vehicles.
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Dash cameras and automotive accessories are supplied by Nextbase.
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AI and cloud-enabled video-security solutions are offered for fleet monitoring.
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High-resolution video security systems for mobile applications are provided.
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Detailed competitors of Lytx
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Latest news on Lytx
Complete news archive for Lytx
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Frequently Asked Questions about Lytx
Lytx was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Lytx is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Lytx is a funded company, having raised a total of $153.4M across 9 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Lytx is 28.
Annual revenue of Lytx is $961.58K as on Mar 31, 2023.
Lytx was founded in 1998 in San Diego, United States, as a technology firm focused on the transportation sector. Video-based safety and telematics solutions are offered to fleet operators, with machine vision and artificial intelligence employed to assess driver behavior, enhance safety monitoring, and deliver operational data. Services support cost management and efficiency across vehicle fleets in various industries.
Lytx offers Fleet Safety, Fleet Tracking, Digital DVIR, Lytx+, and 2 more products and services.
Lytx has 15 investors. Key investors include Volvo Group, Permira, HarbourVest Partners, Welsh, Carson, Anderson & Stowe, and Guggenheim Investments.