Lytica Raises Series A Investment Round Led By Resolve Growth Partners With York Ie
Round Type
Series A
KanataInformation TechnologySoftwareArtificial IntelligenceDescription
OTTAWA, ON / August 30, 2022 / Lytica, the world's only provider of electronic component spend analytics and risk intelligence using real customer data, today announced the close of its Series A investment round, with a total consideration of over $13 million. The round was led by Resolve Growth Partners, with participation from York IE. Lytica intends to use these funds to accelerate product and platform innovation, continue growing its team of specialists, and foster strong industry partnerships.
Quick answer
Lytica raised an undisclosed amount in a Series A round, dated August 30, 2022. Lytica is based in Kanata, Ontario, Canada.
- How much did Lytica raise?
- Lytica raised an undisclosed amount in a Series A round on August 30, 2022.
- What does Lytica do?
- Lytica is an electronic component spend analytics and risk intelligence company that uses real customer data to help companies make their supply chain more transparent, more resilient, and more predictable.
- Where is Lytica based and how big is it?
- Lytica is based in Kanata, Ontario, Canada. Fundz records about 59 employees.
- Who are the decision-makers at Lytica?
- Fundz holds 1 contact at Lytica, including the President and CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as Lytica that raised within 45 days of this round, from Fundz verified event records.
- Versa Networks raised $75M on October 14, 2022.
- Continue AI raised $5.7M (Seed) on October 12, 2022.
- Levity raised an undisclosed amount (Seed) on October 12, 2022.
- Crossmint raised $18M on October 12, 2022.
- MakerDojo raised $1.5M (Seed) on October 11, 2022.
- Insite AI raised $19M (Funding Round) on October 11, 2022.
Who to call at Lytica, and when
A new round usually means Lytica is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Lytica raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Lytica, from your own LinkedIn network
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Funding Insights
What this usually meansLytica raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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