Lytx
San Diego, California, United States
Valuation · 2020
$2.5B
2021 Revenue
$56.2M
Customers
4K
Funding
$769M
Avg ACV
$14.1K
Team · 2023
829
Founded
1998
Lytx Revenue, Valuation & Funding (2021)
Lytx generated $56.2M in revenue in 2021.
Lytx is a video telematics and analytics company that provides a platform for fleet management and driver safety. The platform uses advanced video and machine learning technologies to capture and analyze driver behavior, providing insights into risky driving behaviors and opportunities for coaching and training. Lytx's solutions are designed to help businesses improve their fleet safety, reduce accidents, and lower their operating costs. The platform also provides real-time tracking of vehicle location and performance, as well as predictive maintenance capabilities. Lytx was founded in 1998 and is headquartered in San Diego, California.
Last updated
Lytx Revenue
In 2021, Lytx's revenue reached $56.2M.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Lytx Hit $56.2m revenue in April 2021 | Not recorded |
| 1998 | Launched with $0 revenue |
Lytx Valuation, Funding Rounds
Lytx reached a $2.5B valuation in 2020, set during its Valuation round.
Lytx has raised $769M in total funding across 5 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Valuation | - | $2.5B | - | Not recorded |
| 2018 | Funding round | $700M | - | - | Not recorded |
| 2009 | Funding round | $4M | - | - | Not recorded |
| 2009 | Funding round | $19M | - | - | Not recorded |
| 2007 | Funding round | $28M | - | - | Not recorded |
| 2005 | Funding round | $18M | - | - | Not recorded |
Founder / CEO
Brandon Nixon
CEO
Brandon has led Lytx (formerly DriveCam, Inc.) since 2008, drawing upon an entrepreneurial background leading high-growth communications and technology businesses. Brandon joined the Company from ViaSat, where he was Senior Vice President responsible for the company’s commercial businesses. Prior to ViaSat, he was CEO of Enerdyne Technologies,Inc., when it was acquired by ViaSat. Prior to joining Enerdyne, he spent nearly two decades in a variety of executive roles at Hewlett-Packard, Texas Instruments, PCSI/Cirrus Logic, SAIC, and private equity firm, Housatonic Partners, where he founded the firm’s communications practice.
Customers
Lytx serves 4K customers.
Lytx Employees & Team Size
Lytx employs approximately 829 people as of 2026, up from 760 in 2021. It serves 4K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 829 employees (July 2023) | Not recorded |
| 2021 | Reached 760 employees (April 2021) | Not recorded |
Frequently Asked Questions about Lytx
Is Lytx still an independent company?
No. Lytx was acquired by Permira.
What is Lytx's revenue?
As of 2021, Lytx generated $56.2M in revenue.
Who founded Lytx?
Lytx was founded by Brandon Nixon.
How much funding does Lytx have?
Lytx raised $769M across 5 rounds.
How many employees does Lytx have?
As of 2023, Lytx had 829 employees.
Where is Lytx headquartered?
Lytx is headquartered in San Diego, California, United States.
Compare Lytx to the industry
Lytx operates across multiple industries. Browse revenue, funding, and growth data for Lytx in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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