Cyclr Systems Ltd.
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Cyclr Systems Ltd. - overview
Established
2013
Location
-, East Sussex, UK
Primary Industry
Software
About
Cyclr Systems Ltd. is a UK-based technology firm specializing in Embedded Integration Platform as a Service (iPaaS) solutions. The company enables seamless integration for Software as a Service (SaaS) providers through low-code tools and extensive API connectors. Founded in 2013, Cyclr Systems Ltd.
provides an integration platform specifically designed for SaaS businesses. The company is headquartered in the UK and was founded by Fraser Davidson, who has prior entrepreneurial experience. In April 2022, Cyclr raised GBP 3. 76 million in funding, co-led by Praetura Ventures and Blackfinch Ventures, bringing the total funds raised to GBP 3.
76 million and the current valuation to GBP 24. 079 million. Cyclr's primary offering is its Embedded Integration Platform as a Service (iPaaS), targeting SaaS providers. This platform allows businesses to create and manage integrations with minimal coding expertise required.
It features low-code tools for easy design and delivery of integrations, supported by a library of over 500 regularly updated API connectors. The platform caters to a diverse clientele including technology firms and financial institutions, enhancing their integration capabilities and operational efficiency. Cyclr generates revenue through a subscription-based model, offering various tiers of service to match differing client needs. Each tier provides access to specific features and API connectors, enabling businesses from small startups to large enterprises to customize their integration solutions.
Clients typically engage with annual or monthly fees, with options for bespoke integrations and additional support services, aiming for recurring revenue from a broad customer base across multiple markets. Following its most recent funding round in April 2022, where GBP 3. 76 million was raised, Cyclr plans to expand its business globally. The funding will support initiatives to penetrate new markets and enhance its product offerings, further solidifying its position in the integration services sector.
Current Investors
Creative England, SyndicateRoom, Juno Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Connectivity Software, Customer Relationship Management
Website
www.cyclr.com
Verticals
Cloud Computing, Cloud Computing, Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only

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