Vyta

Newtownabbey, United Kingdom Founded: 2001 • Age: 25 yrs
IT assets are managed and data is destroyed securely.
Annual revenue $14.6M Latest available
Total funding $13.7M 1 rounds
Employees 47 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Vyta

Vyta is a company based in Newtownabbey (United Kingdom) founded in 2001. It operates as a Managed Services and Reseller / Distribution. Vyta has raised $13.68 million across 1 funding round from investors including MML. The company has 47 employees as of May 31, 2019. Vyta has completed 1 acquisition, including FGD. Vyta offers products and services including IT Asset Disposal (ITAD), Hard Drive Shredding (DiskShred), IT Equipment Resale, WEEE Recycling, and Secure Data Destruction. Vyta operates in a competitive market with competitors including CloudBlue Technologies, 3 Step IT, ERI, Wisetek and PlanITROI, among others.

  • Headquarter Newtownabbey, United Kingdom
  • Employees 47 as on 31 May, 2019
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Vyta Ltd
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $14.56 M (USD)
    77
    as on May 31, 2023
  • Net Profit
    $1.65 M (USD)
    30
    as on May 31, 2023
  • EBITDA
    $1.91 M (USD)
    32
    as on May 31, 2023
  • Total Equity Funding
    $13.68 M (USD)

    in 1 rounds

  • Latest Funding Round
    $13.68 M (USD), Series B

    May 04, 2022

  • Investors
  • Employee Count
    47

    as on May 31, 2019

  • Investments & Acquisitions
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Products & Services of Vyta

Vyta offers a comprehensive portfolio of products and services, including IT Asset Disposal (ITAD), Hard Drive Shredding (DiskShred), IT Equipment Resale, WEEE Recycling, and Secure Data Destruction.

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Primary

IT equipment is securely disposed for compliance and sustainability.

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Hard drives are shredded to ensure data destruction security.

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Used IT equipment is resold to maximize revenue return.

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Electronic waste is recycled following environmental compliance standards.

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Data is destroyed securely to protect sensitive information.

People of Vyta

Headcount 50-200
Employee Profiles 18
Employee Profiles
People
Leah Heslip
Service Delivery Manager
People
Philip McMichael
Chief Executive Officer
People
Catherine Smith
Client Relationship Director
People
Laura Kernaghan
Client Relationship Director

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Funding Insights of Vyta

Vyta has successfully raised a total of $13.68M through 1 strategic funding round. The most recent funding activity was a Series B round of $13.68 million completed in May 2022. 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 Vyta

Vyta has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MML.

All
Venture Fund
Investor Description Founded Year Domain Location
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Investor details for Vyta

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Investments & Acquisitions by Vyta

Vyta has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FGD.

Investments
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Investment portfolio details for Vyta

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of data, cloud & IT asset management, and digital transformation services
Locked Locked 2011 Locked
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Complete acquisition details for Vyta

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Financial Statements - Vyta

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Detailed financials for Vyta

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Vyta Comparisons

Vyta Primary company
Description
IT assets are managed and data is destroyed securely.
Location
Newtownabbey, United Kingdom
Founded Year
2001
Annual Revenue
$14.56 M (USD)
Net Profit
$1.65 M (USD)
EBITDA
$1.91 M (USD)
Employees
47
As of 2019
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Peer comparison for Vyta

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Competitors of Vyta

Vyta 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 CloudBlue Technologies, 3 Step IT, ERI, Wisetek and PlanITROI, among others.

Company Name Domain Founded year HQ Location Description
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Enterprise IT asset disposition, Onsite Data erase & Destruction and e- waste recycling
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Provider of IT asset management and IT hardware distribution services
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E-waste recycling and asset disposition services are provided globally.
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E-waste recycling and remanufacturing services are provided worldwide.
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IT asset disposition and recycling services are offered to clients.
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Detailed competitors of Vyta

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Latest news on Vyta

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Complete news archive for Vyta

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Frequently Asked Questions about Vyta

Vyta was founded in 2001 and raised its 1st funding round 21 years after it was founded.

Vyta is headquartered in Newtownabbey, United Kingdom. It is registered at Newtownabbey, Northern Ireland, United Kingdom.

Vyta is a funded company, having raised a total of $13.68M across 1 funding round to date.

As of May 31, 2019, the latest employee count at Vyta is 47.

Annual revenue of Vyta is $14.56M as on May 31, 2023.

Vyta is involved in providing secure and sustainable IT asset disposition services globally. Operations are focused on IT equipment disposal, resale, hard drive shredding, WEEE recycling, and secure data destruction. Services are designed to meet stringent compliance requirements, achieve ESG goals, and maximize revenue for clients across multiple sectors. Solutions are offered to future-proof IT asset disposal strategies, reduce carbon footprints, and manage compliance and security regulations effectively.

Vyta's top competitors include ERI, Wisetek and Cascade Asset Management.

Vyta offers IT Asset Disposal (ITAD), Hard Drive Shredding (DiskShred), IT Equipment Resale, WEEE Recycling, and Secure Data Destruction.

Vyta has made 1 acquisition, including FGD.

Vyta has 1 investor. Key investors include MML.

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