Cybersyn

Cybersyn

Provides market intelligence data for businesses

About Cybersyn

Simplify's Rating
Why Cybersyn is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$61.2M

Headquarters

New York City, New York

Founded

2022

Overview

Cybersyn provides market intelligence data to businesses, offering analytics-ready information that can be easily integrated into a company's data warehouse. Their data helps businesses understand consumer and business spending habits, which can be utilized for sales forecasting, pricing optimization, and personalization. Unlike traditional methods that require extensive research and complex licensing agreements, Cybersyn simplifies access to external data by charging a single price for their services. Clients can view and integrate this data through the Snowflake Marketplace without needing engineering work. Founded in 2022 by Alex Izydorczyk, who has a background in data science, Cybersyn recently secured $62.9 million in Series A funding to further its mission of making market intelligence more accessible.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for real-time analytics boosts Cybersyn's market potential.
  • Snowflake Marketplace's rise enhances Cybersyn's client reach and strategic advantage.
  • Expansion of eCommerce drives demand for Cybersyn's advanced analytics solutions.

What critics are saying

  • Competition from established companies like Palantir and Tableau poses a challenge.
  • Over-reliance on Snowflake's platform could risk future service changes.
  • Economic downturns may reduce business spending on data services, impacting revenue.

What makes Cybersyn unique

  • Cybersyn offers real-time consumer behavior analytics for informed decision-making.
  • The company provides standardized, ready-to-use data for easy integration into data warehouses.
  • Cybersyn's business model simplifies leveraging external data, reducing complexity and costs.

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Funding

Total Funding

$61.2M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$62.9M
Cybersyn
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

↑ 60%

1 year growth

↑ 45%

2 year growth

↑ 100%
Global Finance Herald
Jun 27th, 2023
Cybersyn Launches Two New Snowflake Native Apps in the Data Cloud: eCommerce Benchmarks App and Financial & Economic Essentials App | Global Finance Herald

Cybersyn, the data-as-a-service company, today announced the launch of the Financial & Economic Essentials App and eCommerce Benchmarks App, two Snowflake Native Apps on Snowflake Marketplace at Snowflake’s annual user conference, Snowflake Summit 2023.

Intelligence360
Jun 14th, 2023
Cybersyn Has Filed A Notice Of An Exempt Offering Of Securities To Raise $62,900,000.00 In New Equity Investment.

Cybersyn has filed a notice of an exempt offering of securities to raise $62,900,000.00 in New Equity Investment. Cybersyn has filed a notice of an exempt offering of securities to raise $62,900,000.00 in New Equity Investment.According to filings with the U.S. Securities and Exchange Commission, Cybersyn is raising $62,900,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Alexander Izydorczyk played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.About CybersynCybersyn was built to provide you with market intelligence data that you can act on quickly. Starting with where consumers and businesses spend money and time, Cybersyn analytics-ready delivers external data directly to your data warehouse. Whether you’re doing sales forecasting, pricing optimization, or personalization, if you’re only using your own data, you’re missing out on the rest of the picture

Teiss
Apr 13th, 2023
teiss

Data startup Cybersyn said it has raised $62.9 million from investors including Snowflake Inc, Coatue Management and Sequoia Capital, its chief executive told Reuters.

Cybersyn
Mar 21st, 2023
Announcing Cybersyn’s $62.9M Series A - Cybersyn

Cybersyn, data-as-a-service company, closed $62.9M Series A funding round led by Snowflake with participation from Coatue and Sequoia Capital

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