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Lytx
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Short description

Developer of a program and video solution to help make driving safer and more fuel efficient

Founded in 1998
Founded in

Company type Acquired Public ()
Company type

Industry Group transportation & logistics

Sector fleet management

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters San Diego, CA San Diego, United States
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  • 1 M&A items
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Date Company
06/16/2014

Peerless Beverage Peerless Beverage

Lytx announced the deployment of the DriveCam powered by Lytx™ Program with Peerless Beverage, one of the largest beer distributors on the East Coast.

Confirmed by Peerless Beverage

Partnerships
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Date Partner Type
04/28/2014
ARI Insurance ARI Insurance
Lytx announced that it has signed an agreement with ARI Insurance to provide ARI’s transportation and commercial automobile clients with the DriveCam powered by Lytx™ driver safety management solution.
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Confirmed by ARI Insurance
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Investment Rounds
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IPO INFORMATION

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IPO status

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Amount

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Exchange listed

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Prospectus

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Source

Description

Date Investors Type Amount
02/13/2013 Volvo Group Venture Capital Volvo Group Venture Capital (1)
Post-money valuation of
Volvo becomes a minority shareholder through this strategic investment.
Growth Equity
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Product image Name Product status Revenue model Cost metrics

Fuel Management

Behavior-based solution combines real-time in-cab feedback with online reporting and coaching to improve fuel efficiency and lower emissions.

Wide Commercial Availability License of Usage
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