About Cyence
Cyence is a company based in San Mateo (United States) founded in 2014 was acquired by Guidewire in October 2017.. Cyence has raised $40 million across 1 funding round from investors including Guidewire, SVB and NEA. The company has 1,702 employees as of December 31, 2022. Cyence operates in a competitive market with competitors including Sedgwick, SecurityScorecard, Kyriba, Proofpoint and Coalfire, among others.
- Headquarter San Mateo, United States
- Employees 1702 as on 31 Dec, 2022
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Sectors
Financial ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Guidewire Software
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Software Development Team
226 people
Leadership Team
73 people
Sales and Marketing
41 people
Product Management Team
29 people
Human Resources and Administration
25 people
Senior Team
21 people
Operations Team
20 people
Finance and Accounting
14 people
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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 Total Funding
- Total Rounds 1
- Last Round Series B — $40.0M
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First Round
First Round
(08 Sep 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series B - Cyence | Valuation | New Enterprise Associates , IVP |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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Growth in technology companies is supported through venture capital.
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Founded Year | Domain | Location | |
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Capital investment services are offered by the company.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cyence
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cyence
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cyence Comparisons
Competitors of Cyence
Cyence 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 Sedgwick, SecurityScorecard, Kyriba, Proofpoint and Coalfire, 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 |
Claims administration, loss adjusting, and benefits management services are provided.
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| domain | founded_year | HQ Location |
Cloud-based security ratings and cybersecurity risk solutions are offered.
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| domain | founded_year | HQ Location |
Cloud-based treasury automation and risk management solutions are provided.
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| domain | founded_year | HQ Location |
Enterprise cybersecurity solutions are delivered via a cloud-based platform.
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| domain | founded_year | HQ Location |
IT security governance, risk, and compliance solutions are provided.
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| domain | founded_year | HQ Location |
Cybersecurity solutions are provided for integrity and compliance management.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cyence
Frequently Asked Questions about Cyence
When was Cyence founded?
Cyence was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Cyence located?
Cyence is headquartered in San Mateo, United States. It is registered at San Mateo, California, United States.
Is Cyence a funded company?
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 08, 2016.
How many employees does Cyence have?
As of Dec 31, 2022, the latest employee count at Cyence is 1,702.
What does Cyence do?
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.
Who are the top competitors of Cyence?
Cyence's top competitors include Sedgwick, Proofpoint and Kyriba.
Who are Cyence's investors?
Cyence has 5 investors. Key investors include Guidewire, SVB, NEA, IVP, and Dowling Capital Partners.
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