When was Lyte founded?

Lyte was founded in 2017 and raised its 1st funding round 9 years after it was founded.

Where is Lyte located?

Lyte is headquartered in Mountain View, United States.

How many employees does Lyte have?

As of Feb 28, 2026, the latest employee count at Lyte is 73.

Is Lyte a funded company?

Lyte is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jan 05, 2026.

When was the latest funding round of Lyte?

Lyte's latest funding was a $***** Series A round on Jan 05, 2026, with participation from 5 investors.

Where does Lyte rank among its competitors?

Lyte ranks 1st amongst 45 active competitors, of which 5 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Lyte, which secured $107M in Jan, 2026.

Who are the top competitors of Lyte?

Lyte's top competitors include Gmelius, Track and Sortd. Among them, Lyte secured the most recent funding round in January, 2026.

Lyte - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of an artificial intelligence platform for transportation and logistics optimization. The platform provides solutions for route planning, delivery scheduling, and resource allocation. It aims to improve efficiency and reduce operational costs within the supply chain. The platform offers features such as real-time tracking and predictive analytics.

Website: lyte.ai
Email ID: *****@lyte.ai

Key Metrics

Founded Year

2017

Location

Mountain View, United States

Stage

Series A

Total Funding

$107M in 1 round

Latest Funding Round

Series A, Jan 05, 2026, $*****

Investors

Fidelity Investments & 4 more

Ranked

1^st among 45 active competitors

Employee Count

73 as on Feb 28, 2026

Similar Companies

Gmelius & 62 more

View Lyte's full profile

Lyte has raised a total funding of $107M over 1 round. Its latest funding round was a Series A round on Jan 05, 2026 for $*****. 5 investors participated in its latest round. Lyte has 5 institutional investors.

Here is the list of recent funding rounds of Lyte:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 05, 2026	9470545	Series A	5886568	2234405	4400800	9265907

Access funding benchmarks and valuations. Sign up today!

View details of Lyte's funding rounds and investors

The founders of Lyte is Madhweep Lakshmanan.

Here are the details of Lyte's key team members:

Madhweep Lakshmanan: Former Co-Founder of Lyte.

View details of Lyte's Founder profiles and Board Members

Lyte's employee count trend

Lyte has 73 employees as of Feb 26. Here is Lyte's employee count trend over the years:

Uncover Lyte's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Lyte include Gmelius, Track and Sortd. Here is the list of Top 10 competitors of Lyte, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lyte 2017, Mountain View (United States), Series A	Developer of an artificial intelligence platform for transportation and logistics optimization	$107M	Fidelity Investments, Exor & 3 others	56/100
2nd	Gmelius 2016, Cointrin (Switzerland), Seed	Email productivity application	$150K	ACE Ventures, Swiss ICT Investor Club & 5 others	48/100
3rd	Track 2017, Tel Aviv (Israel), Unfunded	Provider of an email tracking tool	-	-	46/100
4th	Sortd 2014, Johannesburg (South Africa), Series A	Cloud based email productivity tools	-	HAVAIC, Cactus Advisors	40/100
5th	Pointofmail.com 2002, Holon (Israel), Unfunded	Provider of a web, Gmail-integrated and app-based email tracking software	-	-	38/100
6th	Mailbutler 2015, Berlin (Germany), Unfunded	Developer of an email extension that adds productivity tools	-	-	36/100
7th	Boomerang for Gmail 2010, Mountain View (United States), Unfunded	Provider of email scheduling solutions for Gmail	-	-	36/100
8th	Caya 2017, Berlin (Germany), Series A	Document management software that automates workflows and enables collaboration	$6.45M	neosfer, DCF Capital Partners & 4 others	33/100
9th	FollowUp.cc 2007, San Antonio (United States), Acquired	Online platform for tracking and managing emails	-	Scaleworks, Xenon Ventures	31/100
10th	Taskforce 2010, San Francisco (United States), Deadpooled	Gmail Addon for sorting emails	$270K	Y Combinator	28/100