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Lytx
Lytx, Inc. develops video-based driver safety and fleet management solutions. The company offers DriveCam that identifies, prioritizes, and corrects the causes of poor driving to set standards for…
Lytx
Lytx, Inc. develops video-based driver safety and fleet management solutions. The company offers DriveCam that identifies, prioritizes, and corrects the causes of poor driving to set standards for…
TL;DR
Sector: Video telematics, driver safety, fleet management
Founded: 1998
Headquarters: San Diego, California
Scale (company-reported): Protects millions of drivers and serves thousands of fleets
Notable investors: Permira; GTCR, Clearlake, HarbourVest, PSP, Guggenheim involved in 2018 recapitalization
Company Overview
Problem Domain
Reducing risky driving behaviors, ensuring regulatory compliance, and improving fleet operational efficiency.
Founded
1998
Industry
Transportation / Fleet Management / Telematics
Funding Track Record
over $700 million
Multi-investor strategic partnership/recapitalization announced April 6, 2018
Permira funds announced majority investment valuing the company in excess of $2.5 billion
Investor Signal
“Backed by large private equity investors including Permira; 2018 transaction involved GTCR, Clearlake Capital, HarbourVest, PSP and Guggenheim”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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