What is Cyclr?
Founded in 2013, Cyclr was an early pioneer in the embedded iPaaS sector, developing a comprehensive, scalable, and feature-rich solution designed for simplicity. The Cyclr platform empowers software companies, digital agencies, and enterprises to efficiently create, manage, and deploy integrations for their end-users and clients, a process known as 'embedding'. Built from the ground up for this purpose, Cyclr's intuitive design allows both commercial and development teams to build integrations. The company has facilitated the creation of hundreds of applications, demonstrably saving its customers significant human capital. With a continuously growing connectivity library and ongoing development of new integration possibilities, Cyclr serves a global clientele across Europe, North America, and the Asia Pacific region.
How much funding has Cyclr raised?
Cyclr has raised a total of $10.6M across 3 funding rounds:
Other Financing Round
$658K
Private Equity
$2.8M
Series A
$7.2M
Other Financing Round (2019): $658K with participation from Juno Capital and Syndicate Room
Private Equity (2021): $2.8M led by Blackfinch Ventures and Juno Capital LLP
Series A (2022): $7.2M supported by Blackfinch Ventures and Praetura Ventures
Key Investors in Cyclr
Blackfinch Ventures
Blackfinch Ventures is an investment firm that likely focuses on providing capital to companies with strong growth potential, as evidenced by their participation in Cyclr's funding rounds.
Juno Capital
Juno Capital is an alternative asset manager specializing in venture capital, targeting overlooked asset classes and providing backing to innovative companies.
Praetura Ventures
Praetura Ventures, now part of PXN Ventures, focuses on supporting entrepreneurs with capital and operational guidance, particularly within the Northern England ecosystem.
What's next for Cyclr?
The substantial enterprise-level funding and recent strategic investment indicate Cyclr is poised for accelerated growth and market penetration. This capital infusion is likely to fuel further development of its iPaaS technology, expansion of its global sales and support infrastructure, and enhancement of its extensive connectivity library. Cyclr's focus on enabling seamless integration for its clients positions it to capitalize on the increasing demand for embedded solutions across various industries. The company's trajectory suggests a strategic push towards solidifying its leadership in the embedded iPaaS market, potentially through further product innovation and strategic partnerships.
See full Cyclr company page
