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. It is registered at 16 FERNDALE AVENUE,WHITEFIELD,MANCHESTER,M45 7QP.

Which legal entities is Lytica associated with?

Lytica is associated with LYTICA LTD..

How many employees does Lytica have?

As of Mar 31, 2026, the latest employee count at Lytica is 60.

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 undefined as on Dec 31, 2023.

Where does Lytica rank among its competitors?

Lytica ranks 156th amongst 979 active competitors, of which 170 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Indico Data, which secured an undisclosed amount in Oct, 2025.

Who are the top competitors of Lytica?

Lytica's top competitors include Cytora, Shift Technology and OpenGamma. Among them, Indico Data secured the most recent funding round in October, 2025.

Lytica - 2026 Company Profile, Funding, Competitors & Financials

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 **********
Registered Address: 16 FERNDALE AVENUE,WHITEFIELD,MANCHESTER,M45 7QP

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

156^th among 979 active competitors

Annual Revenue

undefined as on Dec 31, 2023

Employee Count

60 as on Mar 31, 2026

Similar Companies

Cytora & 1037 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	Documents
LYTICA LTD. CIN: 9342557 , United Kingdom, Active	Dec 04, 2014	$0 (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	8831484	Series B	8535415	4314243	4315647	2299274
Jul 25, 2024	4407547	Series B	6196667	8652661	5149835	6887920
Oct 16, 2023	5989972	Series A	2704847	4387285	4943262	5248328

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View details of Lytica's funding rounds and investors

Lytica's employee count trend

Lytica has 60 employees as of Mar 26. Here is Lytica's employee count trend over the years:

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Top competitors of Lytica include Cytora, Shift Technology and OpenGamma. 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	Cytora 2012, London (United Kingdom), Acquired	Risk management solutions for insurers and underwriters	$41.5M	Parkwalk, Cambridge Enterprise & 41 others	69/100
2nd	Shift Technology 2014, Paris (France), Series D	Provider of AI solutions for insurance underwriting, claims, and risk	$320M	Accel, Bessemer Venture Partners & 15 others	67/100
3rd	OpenGamma 2009, London (United Kingdom), Acquired	Platform that provides SaaS based solutions for derivatives risk analytics	$74.9M	ICAP, Accel & 9 others	66/100
4th	Munich Re 1880, Munich (Germany), Public	Platform offering insurance risk management solutions	-	OnRamp Insurance Conference, Prehype & 1 others	65/100
5th	CoreLogic 1894, Irvine (United States), Acquired	Provider of property data, analytics, and workflow solutions for various industries	-	Norwest, Senator Investment Group & 5 others	65/100
6th	Credit Benchmark 2012, London (United Kingdom), Series B	Credit risk data aggregator of banks	$35.6M	Balderton Capital, Index Ventures & 12 others	65/100
7th	Evident 2016, Wilmington (United States), Series C	Online identity verification and customer PII data security and privacy	$44.3M	New Enterprise Associates, Aspect Ventures ... & 13 others	64/100
8th	Indico Data 2014, Boston (United States), Series B	Developer of an agentic decisioning platform for insurance underwriting and claims	$72.7M	.406 Ventures, Osage Venture Partners & 14 others	62/100
9th	FutureProof 2019, San Diego (United States), Series A	Online climate risk analytics platform for institutions	$9.5M	Innovation Endeavors, AXIS Capital & 10 others	61/100
10th	CMG 2015, Chicago (United States), Series C	Platform offering asset management solutions	$62.5M	StageDotO, Goldman Sachs & 14 others	61/100
156th	Lytica 2005, Ottawa (Canada), Series B	Provider of electronic component spend analytics and risk intelligence SaaS platform	$24.9M	FedDev Ontario, Resolve Growth Partners & 1 others	38/100