What is Lyteflo?
Lyteflo operates an EV Revenue Platform designed to help automotive dealerships increase customer acquisition, improve service retention, and conduct precise EV appraisals. The platform aims to streamline operations by consolidating these critical functions into a single, integrated solution, addressing the evolving needs of the automotive market as it transitions towards electrification.
How much funding has Lyteflo raised?
Lyteflo has raised a total of $3M across 1 funding round:
Angel/Seed
$3M
Angel/Seed (2025): $3M with participation from Whitecap Venture Partners, Diagram, and Amplify Partners
Key Investors in Lyteflo
Whitecap Venture Partners
Whitecap Venture Partners is an early-stage venture capital fund based in Toronto, focusing on high-growth companies in ICT, MedTech, and Food/FoodTech, bringing operational and strategic value.
Diagram
Diagram is a Quebec-based venture builder that conceives, launches, and invests in innovative technology companies, providing capital and hands-on support to scale businesses.
Amplify Partners
Amplify Partners invests in early-stage companies focused on machine intelligence and computer science, leveraging deep domain expertise and relationships with technologists.
What's next for Lyteflo?
With this major enterprise-level funding, Lyteflo is poised for accelerated growth and market expansion. The strategic investment will likely fuel further development of its EV Revenue Platform, enhance its sales and marketing efforts to capture a larger share of the dealership market, and potentially explore new service offerings. The company's focus on providing a comprehensive solution for EV sales, service, and appraisal positions it as a key player in facilitating the automotive industry's shift to electric mobility.
See full Lyteflo company page
