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.

Which legal entities is Lytica associated with?

Lytica is associated with LYTICA LTD..

How many employees does Lytica have?

As of Sep 30, 2026, the latest employee count at Lytica is 57.

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 $***** Conventional Debt round, raised on Jul 14, 2020.

When was the latest funding round of Lytica?

Lytica's latest funding was a $***** Series B round on Jun 12, 2025, with participation from 0 investor.

What is the annual revenue of Lytica?

Annual revenue of Lytica is less than £1M as on Dec 31, 2023

Where does Lytica rank among its competitors?

Lytica ranks 6th amongst 138 active competitors, of which 17 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was 1Buy.AI, which secured $3.9M in Jan, 2026.

Who are the top competitors of Lytica?

Lytica's top competitors include Supplyframe, Cofactr and 1Buy.AI. Among them, 1Buy.AI secured the most recent funding round in January, 2026.

Lytica - 2026 Company Profile, Funding, Competitors & Financials

Lytica is a series B company based in Ottawa (Canada), founded in 2005. It operates as a Provider of electronic component spend analytics and risk intelligence SaaS platform. Lytica has raised $24.9M in funding from York IE and Resolve Growth Partners. The company has 138 active competitors, including 17 funded and 3 that have exited. Its top competitors include companies like Supplyframe, Cofactr and 1Buy.AI.

Company Details

Provider of electronic component spend analytics and risk intelligence SaaS platform. The platform enables clients to improve procurement and build more resilient supply chains. It offers tools for spend benchmarking, price estimation, and risk mitigation. The company’s platform uses real customer data to provide market insights. It helps clients negotiate better prices and identify alternative sourcing options.

Website: lytica.com
Social
Email ID: *****@lytica.com
Phone Number: +1 **********

Key Metrics

Founded Year

2005

Location

Ottawa, Canada

Stage

Series B

Total Funding

$24.9M in 6 rounds

Latest Funding Round

Series B, Jun 12, 2025, $*****

Investors

York IE & 2 more

Ranked

6^th among 138 active competitors

Annual Revenue

£0 - £1M as on Dec 31, 2023

Employee Count

57 as on Sep 30, 2026

Similar Companies

Supplyframe & 12 more

View Lytica's full profile

Lytica is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
LYTICA LTD. CIN: 9342557 , United Kingdom, Deadpooled	Dec 04, 2014	£0 - £1M (As on Dec 31, 2023)	-

Lytica has raised a total funding of $24.9M over 6 rounds. Its first funding round was on Jul 14, 2020. Lytica has 3 institutional investors.

Here is the list of recent funding rounds of Lytica:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 12, 2025	5090739	Series B	1747931	6136277	3712435	4024423
Jul 25, 2024	8069990	Series B	8675524	8285176	6881645	4475051
Oct 16, 2023	5767281	Series A	5647274	7204380	7398194	8541510

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View details of Lytica's funding rounds and investors

Lytica's employee count trend

Lytica has 57 employees as of Sep 26. Here is Lytica's employee count trend over the years:

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Top competitors of Lytica include Supplyframe, Cofactr and 1Buy.AI. Here is the list of Top 10 competitors of Lytica, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Supplyframe 2003, Pasadena (United States), Acquired	Provider of software for electronics designing and manufacturing	$13.5M	TriplePoint Capital, USVP & 4 others	57/100
2nd	Cofactr 2020, Brooklyn (United States), Series A	Provider of B2B procurement platform for electronic goods	$32.8M	Bain Capital Ventures, Y Combinator & 9 others	55/100
3rd	1Buy.AI 2023, Delhi (India), Seed	Provider of AI-powered solutions for electronics procurement and market intelligence	$4.66M	100Unicorns, Poineerfinest & 37 others	55/100
4th	WCube 2019, Gurugram (India), Seed	Provider of a B2B procurement marketplace	$857K	Mumbai Angels, x10x ventures & 79 others	52/100
5th	Zinit 2023, Suwanee (United States), Seed	AI-native B2B sourcing and spend-optimization platform for enterprises	$8M	Altair Capital, Iterative	51/100
6th	Lytica 2005, Ottawa (Canada), Series B	Provider of electronic component spend analytics and risk intelligence SaaS platform	$24.9M	Resolve Growth Partners, FedDev Ontario & 1 others	50/100
7th	Procural 2022, Manama (Bahrain), Seed	Provider of web-enabled B2B procurement marketplace	$1.2M	https://flagship-holding.com, BenchMatrix	46/100
8th	ProcMart 2015, Noida (India), Series B	Marketplace facilitating indirect procurement for maintenance repair and operations supplies	$43.3M	Sixth Sense Ventures, Fundamentum & 8 others	46/100
9th	NovaFori 2011, London (United Kingdom), Series A	Provider of configurable platform for auction and trading marketplace solutions	$11.4M	ProVen VCT, Allectus Capital & 2 others	45/100
10th	Mjunction 2001, Kolkata (India), Unfunded	B2B portal for Metals & coal trade, and strategic procurement	-	-	40/100