Cybersyn

Cybersyn

Delivers analytics-ready external data to warehouses

Overview

Cybersyn provides market intelligence data that is analytics-ready and designed to be integrated directly into a company’s Snowflake data warehouse. The data covers consumer and business spending habits and supports use cases like sales forecasting, pricing optimization, and personalization. The product works by offering data that can be viewed on the Snowflake Marketplace and pulled into a client’s Snowflake instance without any engineering work or complex licensing, making it easy to access external data. Cybersyn differentiates itself by delivering a simplified, plug-and-play data source that customers can license with a single price and immediately operational within Snowflake, avoiding lengthy negotiations and bespoke integration projects. The company’s goal is to help businesses understand external spending behaviors at scale to improve decision-making and competitiveness through easier access to external data.

About Cybersyn

Simplify's Rating
Why Cybersyn is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

1-10

Company Stage

Series A

Total Funding

$62.9M

Headquarters

New York City, New York

Founded

2022

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Simplify's Take

What believers are saying

  • Snowflake-led $62.9M Series A expands team and proprietary data acquisition.
  • Unified schema enables instant integration for sales forecasting and pricing.
  • Targets financial services and retail with real-time consumer spending insights.

What critics are saying

  • Snowflake hosts 1,800 rival datasets, diverting clients to cheaper options now.
  • Databricks' AI-integrated analytics undercuts Cybersyn's Snowflake-only model.
  • CCPA fines halt web-scraped data sales after lawsuits in 3-6 months.

What makes Cybersyn unique

  • Cybersyn delivers standardized economic datasets exclusively on Snowflake Marketplace.
  • Founder Alex Izydorczyk combines public and proprietary data from Coatue experience.
  • Launched eCommerce Benchmarks and Financial Essentials Apps at Snowflake Summit 2023.

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Funding

Total Funding

$62.9M

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
$30M
Kalshi
$62.9M
Cybersyn

Company News

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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