About Cycle
Cycle is a company based in Brussels (Belgium) founded in 2018 by Mehdi Boudoukhane was acquired by Atlassian in September 2025.. Cycle has raised $6 million across 1 funding round from investors including Atlassian, Hexa and BaseCase. The company has 73 employees as of December 31, 2022. Cycle offers products and services including Cycle Platform, Slack App, and API Integration. Cycle operates in a competitive market with competitors including Notion, Smartsheet, SurveyMonkey, Box and User Testing, among others.
- Headquarter Brussels, Belgium
- Employees 73 as on 31 Dec, 2022
- Founders Mehdi Boudoukhane
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Belgian Cycling Factory
-
Annual Revenue
$49.66 M (USD)23as on Dec 31, 2022
-
Net Profit
$4.42 M (USD)42as on Dec 31, 2022
-
EBITDA
$4.95 M (USD)59as on Dec 31, 2022
-
Total Equity Funding
$6 M (USD)
in 1 rounds
-
Latest Funding Round
$6 M (USD), Seed
Feb 27, 2023
-
Investors
Atlassian
& 7 more
-
Employee Count
73
as on Dec 31, 2022
-
Acquired by
Atlassian
(Sep 04, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Cycle
Cycle offers a comprehensive portfolio of products and services, including Cycle Platform, Slack App, and API Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI tool for capturing and analyzing product feedback from various sources.
App for managing feedback directly within Slack channels.
Service for building custom workflows with feedback data.
Unlock access to complete
Unlock access to complete
Funding Insights of Cycle
Cycle has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Seed round of $6 million completed in February 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $6.0M
-
First Round
First Round
(27 Feb 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - Cycle | Valuation | Boldstart Ventures , Hexa |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cycle
Cycle has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Atlassian, Hexa and BaseCase. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm focused on crypto infra, and SaaS companies
|
Founded Year | Domain | Location | |
|
Sector-agnostic acceleration is offered to startups for scaling solutions.
|
Founded Year | Domain | Location | |
|
Early-stage investments are provided to transformative technology companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Cycle
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Cycle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cycle Comparisons
Competitors of Cycle
Cycle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Notion, Smartsheet, SurveyMonkey, Box and User Testing, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Diversified smart home products including hubs and sensors are provided.
|
|
| domain | founded_year | HQ Location |
Cloud based suite solutions for enterprise project management
|
|
| domain | founded_year | HQ Location |
A cloud-based platform is utilized for creating customizable surveys.
|
|
| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
|
|
| domain | founded_year | HQ Location |
Automated usability testing and feedback for mobile experiences is provided.
|
|
| domain | founded_year | HQ Location |
Surveys are created and feedback is collected through the platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Cycle
Frequently Asked Questions about Cycle
When was Cycle founded?
Cycle was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is Cycle located?
Cycle is headquartered in Brussels, Belgium. It is registered at Brussels, Brussels-capital Region, Belgium.
Who is the current CEO of Cycle?
Mehdi Boudoukhane is the current CEO of Cycle. They have also founded this company.
Is Cycle a funded company?
Cycle is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Seed of $6M, raised on Feb 27, 2023.
How many employees does Cycle have?
As of Dec 31, 2022, the latest employee count at Cycle is 73.
What is the annual revenue of Cycle?
Annual revenue of Cycle is $49.66M as on Dec 31, 2022.
What does Cycle do?
Cloud-based workflow automation, data, feedback and project management suite solutions for enterprises. It offers a project feedback integration and management tool for software development teams. The features include a collection of data from various sources, feedback workflow automation, team collaboration, progress tracking, a prioritization matrix, and more. It can be integrated with slack, Zapier, Google, Intercom, and more. It is a tool available on the subscription based pricing model.
Who are the top competitors of Cycle?
Cycle's top competitors include Box, User Testing and SurveyMonkey.
What products or services does Cycle offer?
Cycle offers Cycle Platform, Slack App, and API Integration.
Who are Cycle's investors?
Cycle has 8 investors. Key investors include Atlassian, Hexa, BaseCase, Boldstart Ventures, and SV Angel.