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Lyteflo raised C$3M in a funding round led by Diagram to enhance its electric vehicle sales software.

PRIVATEJan 15, 2025

Amount Raised

C$3 Million

Round Type

Seed

TorontoSoftwareAutomotiveElectric Vehicle

Investors

Whitecap Venture PartnersAmplify CapitalDiagram

Description

Lyteflo, an electric vehicle sales software company, has raised C$3 million in an equity round led by Diagram. The funding will help deploy its software to customers and develop a hardware product for testing EV battery health.

Quick answer

Lyteflo raised C$3 Million in a Seed round, dated January 15, 2025. Investors: Whitecap Venture Partners, Amplify Capital and Diagram. Lyteflo is based in Toronto, Ontario, Canada.

How much did Lyteflo raise?
Lyteflo raised C$3 Million in a Seed round on January 15, 2025.
Who invested in Lyteflo?
Whitecap Venture Partners, Amplify Capital and Diagram are named as investors in this round.
What does Lyteflo do?
Lyteflo provides a one-stop shop for EV solutions, enabling dealerships with the data and tools they need to sell EVs faster.
Where is Lyteflo based and how big is it?
Lyteflo is based in Toronto, Ontario, Canada.
Who are the decision-makers at Lyteflo?
Fundz holds 1 contact at Lyteflo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Lyteflo

Location

Toronto, Ontario, Canada

About

Lyteflo provides a one-stop shop for EV solutions, enabling dealerships with the data and tools they need to sell EVs faster. Our EV Revenue Platform is powered by our comprehensive EV Data Engine, which employs first and third-party data to deliver our EV conversion and merchandising solutions. All of our products integrate seamlessly with dealership websites and in-store processes to help dealerships sell EVs faster and win the future of automotive retail.

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