Cyclr, a London-based startup that operates in the software as a service (SaaS) market, raised £5.5 million in a new funding round led by Praetura Ventures and existing investor Blackfinch Ventures.
The Cyclr team is planning to use the new funds for further international expansion.
Company: Cyclr Systems Ltd.
Raised: £5.5M
Round: Unknown
Funding Month: April 2022
Lead Investors: Praetura Ventures and Blackfinch Ventures
Additional Investors:
Company Website: https://cyclr.com/
Software Category: Embedded Integration Platform
About the Company: Cyclr has developed an embedded integration platform (embedded iPaaS) that it sells into the software and SaaS economy. Cyclr has created a product line of more than 400 white-label API connectors that tech companies can use to provide integrations to services such as accounting and billing, data tools, ecommerce, HR, and marketing. Cyclr’s mission is to develop software to ease the process of creating, managing, and delivering an eco-system of integrations. Cyclr currently operates across several international markets already, including the US, Canada, Europe, Israel, and Australia.
Source: https://www.uktech.news/saas/cyclr-raises-5m-funding-20220407