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
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Vyta Ltd
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Annual Revenue
$14.56 M (USD)77as on May 31, 2023
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Net Profit
$1.65 M (USD)30as on May 31, 2023
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EBITDA
$1.91 M (USD)32as on May 31, 2023
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Total Equity Funding
$13.68 M (USD)
in 1 rounds
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Latest Funding Round
$13.68 M (USD), Series B
May 04, 2022
- Investors
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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. 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.
IT equipment is securely disposed for compliance and sustainability.
Hard drives are shredded to ensure data destruction security.
Used IT equipment is resold to maximize revenue return.
Electronic waste is recycled following environmental compliance standards.
Data is destroyed securely to protect sensitive information.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $13.7M
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First Round
First Round
(04 May 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series B - Vyta | Valuation | MML |
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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 Vyta
Vyta has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MML. 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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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 Vyta
Vyta has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FGD. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of data, cloud & IT asset management, and digital transformation services
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Vyta
| 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 |
Vyta Comparisons
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. 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 |
Enterprise IT asset disposition, Onsite Data erase & Destruction and e- waste recycling
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| domain | founded_year | HQ Location |
Provider of IT asset management and IT hardware distribution services
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| domain | founded_year | HQ Location |
E-waste recycling and asset disposition services are provided globally.
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| domain | founded_year | HQ Location |
E-waste recycling and remanufacturing services are provided worldwide.
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| domain | founded_year | HQ Location |
IT asset disposition and recycling services are offered to clients.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Vyta
Frequently Asked Questions about Vyta
When was Vyta founded?
Vyta was founded in 2001 and raised its 1st funding round 21 years after it was founded.
Where is Vyta located?
Vyta is headquartered in Newtownabbey, United Kingdom. It is registered at Newtownabbey, Northern Ireland, United Kingdom.
Is Vyta a funded company?
Vyta is a funded company, having raised a total of $13.68M across 1 funding round to date. The company's 1st funding round was a Series B of $13.68M, raised on May 04, 2022.
How many employees does Vyta have?
As of May 31, 2019, the latest employee count at Vyta is 47.
What is the annual revenue of Vyta?
Annual revenue of Vyta is $14.56M as on May 31, 2023.
What does Vyta do?
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.
Who are the top competitors of Vyta?
Vyta's top competitors include ERI, Wisetek and Cascade Asset Management.
What products or services does Vyta offer?
Vyta offers IT Asset Disposal (ITAD), Hard Drive Shredding (DiskShred), IT Equipment Resale, WEEE Recycling, and Secure Data Destruction.
How many acquisitions has Vyta made?
Vyta has made 1 acquisition, including FGD.
Who are Vyta's investors?
Vyta has 1 investor. Key investors include MML.
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