About Cyence
Cyence is a Financial Services company based in San Mateo (United States) founded in 2014, and was acquired by Guidewire in October 2017. Platform that models cyber risks in financial and economic terms. It operates in the Financial Services and Technology sectors. Cyence has raised $40 million across 1 funding round from investors including Guidewire, SVB and NEA. The company has 1,702 employees. Its focus areas include Enterprise Infrastructure, Cybersecurity, Security Analytics and Cyber Risk & Vulnerability Assessment. Its legal entity is GUIDEWIRE SOFTWARE. Its competitors include Sedgwick, SecurityScorecard and Kyriba; 3 of its 3 listed competitors have raised funding.
Company details
Cyence was founded in 2014 in San Mateo, United States, within the cybersecurity and insurance sectors. An analytics platform is offered that quantifies cyber risks financial impacts through data science, cybersecurity expertise, and economic analysis. Risks are selected, assessed, and priced by the insurance industry using this tool, while portfolios and accumulations are managed to support the development of new insurance products.
- Headquarters San Mateo, United States
- Employees 1,702
- Stage Acquired
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website cyence.net
- Social LinkedIn X Facebook
- Acquired by Guidewire (Oct 2017)
- Legal Name Guidewire Software
Funding Insights of Cyence
Cyence has successfully raised a total of $40M through 1 strategic funding round. The most recent funding activity was a Series B round of $40 million completed in September 2016. 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 $40M
- Total Rounds 1
- Last Round Series B — $40M
- First Round $40M
(Sep 2016)
- Investors Count 4
All 1 funding rounds of Cyence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $40M | Series B | – | New Enterprise Associates, IVP |
5 investors in total: 5 institutional.
Investors in Cyence
Cyence has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Guidewire, SVB and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Growth in technology companies is supported through venture capital. | ivp.com | Menlo Park, United States | ||
Capital investment services are offered by the company. | dowlingcapitalpartners.com | |||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | guidewire.com | San Mateo, United States |
Investor details for Cyence
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People of Cyence
569 people are tracked at Cyence (171 in leadership, 8 in board & advisors, 390 in team); the tracked headcount is 1,702.
| Name | Role | Group |
|---|---|---|
Winston King | Chief Administrative Officer & General Counsel | Leadership |
Manfred Stojka | Customer Account Director | Leadership |
Ed Sayed | Customer Success Director, Regional Lead For AMER - West & Latam | Leadership |
Alex Naddaff | Chief Cloud & Customer Officer | Leadership |
Paul Abbott | Director Product Innovation And Go To Market | Leadership |
Mike Rosenbaum | CEO | Leadership |
Mayank Kumar | Senior Talent Partner | Leadership |
Arun Prasad | Lead Talent Attraction Partner | Leadership |
Gayatri Bogineni | Director Of Engineering, Analytics And Data | Leadership |
Dan Wang | Vice President, Professional Services, Cloud Program Delivery | Leadership |
Tammy Nichols Schwartz | Senior Director Analytics & Data Services | Leadership |
Carol-Ann Gough | VP Customer Success And Professional Services APAC | Leadership |
Brigette McInnis - Day | Chief People Officer | Leadership |
Maria Lewis | Director, Strategic Planning & Pmo, Chief Of Staff (people Team) | Leadership |
Caroline Ling | Director Total Rewards | Leadership |
Brandon Jackson | Vice President, Hrbps & Talent Management | Leadership |
Brandi Riggins | Global Head Of Diversity, Equity And Inclusion | Leadership |
Mark Kuhl | Director, Enablement Programs | Leadership |
Michael D. | Head Of Financial Services And Strategic Markets | Leadership |
Sharon J Petrell | VP Of Customer Success, Strategic Accounts. Member Of The Customer Success Leadership Team | Leadership |
549 more people are available in the full profile.
Complete people profiles for Cyence
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Cyence
3 dated milestones of Cyence across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Cyence is founded.
- Funding First funding round of $40.0M.
- Exit Acquired by Guidewire.
Competitors of Cyence
Cyence has 3 listed competitors in our database, 3 of them funded. They include Sedgwick, SecurityScorecard and Kyriba.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sedgwick.com | 1969 | Memphis, United States | $2.63M | 25,842 | Claims administration, loss adjusting, and benefits management services are provided. | |
| securityscorecard.com | 2013 | New York, United States | $292.12M | 199 | Cloud-based security ratings and cybersecurity risk solutions are offered. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. |
Detailed competitors of Cyence
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Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Cyence (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Cyence
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Frequently Asked Questions about Cyence
Cyence was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Cyence is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Cyence is a funded company, having raised a total of $40M across 1 funding round to date. The company's 1st funding round was a Series B of $40M, raised on Sep 2016.
Cyence has 1,702 employees.
Cyence was founded in 2014 in San Mateo, United States, within the cybersecurity and insurance sectors. An analytics platform is offered that quantifies cyber risks financial impacts through data science, cybersecurity expertise, and economic analysis. Risks are selected, assessed, and priced by the insurance industry using this tool, while portfolios and accumulations are managed to support the development of new insurance products.
Cyence's top competitors include Sedgwick, Kyriba and SecurityScorecard.
Cyence has 5 investors. Key investors include Guidewire, SVB, NEA, IVP, and Dowling Capital Partners.
Cyence operates through Guidewire Software.
Yes. Cyence was acquired by Guidewire in October 2017.