About CyPhy Works
CyPhy Works is a company based in Danvers (United States) founded in 2008 by Lance Vanden Brook and Helen Greiner. It operates as a B2B. CyPhy Works has raised $37.06 million across 12 funding rounds from investors including Motorola Solutions, Bessemer Venture Partners and United Parcel Service. The company has 57 employees as of December 31, 2015. CyPhy Works operates in a competitive market with competitors including Anduril, Shield AI, Northrop Grumman, Elbit Systems and AeroVironment, among others.
- Headquarter Danvers, United States
- Employees 57 as on 31 Dec, 2015
- Founders Lance Vanden Brook, Helen Greiner
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Sectors
Aerospace, Defense & Maritime
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Cyphy Works, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37.06 M (USD)
in 12 rounds
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Latest Funding Round
$5.06 M (USD), Series B
Jul 12, 2018
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Investors
Motorola Solutions
& 10 more
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Employee Count
57
as on Dec 31, 2015
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Funding Insights of CyPhy Works
CyPhy Works has successfully raised a total of $37.06M across 12 strategic funding rounds. The most recent funding activity was a Series B round of $5.06 million completed in July 2018. 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 12
- Last Round Series B — $5.1M
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First Round
First Round
(01 Jun 2009)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Series B - CyPhy Works | Valuation |
investors |
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| Jun, 2018 | Amount | Debt – Conventional - CyPhy Works | Valuation |
investors |
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| Oct, 2015 | Amount | Series B - CyPhy Works | Valuation | Bessemer Venture Partners |
| 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 CyPhy Works
CyPhy Works has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Solutions, Bessemer Venture Partners and United Parcel Service. 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 and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Investments in B2B sectors are made by DNX Ventures.
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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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 CyPhy Works
| 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 - CyPhy Works
| 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 |
Cyphy Works Comparisons
Competitors of CyPhy Works
CyPhy Works 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 Anduril, Shield AI, Northrop Grumman, Elbit Systems and AeroVironment, 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 |
Provider of AI-based drone surveillance solutions for defense and maritime sector
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| domain | founded_year | HQ Location |
Autonomous drones and AI pilots for fighter jets are developed.
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| domain | founded_year | HQ Location |
Non-combat aircraft systems are supplied for aerospace and defense sectors.
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| domain | founded_year | HQ Location |
Military drones and defense systems are provided globally.
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| domain | founded_year | HQ Location |
Unmanned aerial systems for military purposes are developed and supplied.
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| domain | founded_year | HQ Location |
Next-generation unmanned systems and aerospace technologies are developed.
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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 Cyphy Works
Frequently Asked Questions about CyPhy Works
When was CyPhy Works founded?
CyPhy Works was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is CyPhy Works located?
CyPhy Works is headquartered in Danvers, United States. It is registered at Danvers, Massachusetts, United States.
Who is the current CEO of CyPhy Works?
Lance Vanden Brook is the current CEO of CyPhy Works. They have also founded this company.
Is CyPhy Works a funded company?
CyPhy Works is a funded company, having raised a total of $37.06M across 12 funding rounds to date. The company's 1st funding round was a Series B of $22M, raised on Jun 01, 2009.
How many employees does CyPhy Works have?
As of Dec 31, 2015, the latest employee count at CyPhy Works is 57.
What does CyPhy Works do?
CyPhy Works, founded in 2008 in Danvers, United States, focuses on leveraging cutting-edge technology, hardware, drones, and secure multi-copter. Develops microfilament-based secure multi-copter drones for various applications. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of CyPhy Works?
CyPhy Works's top competitors include Anduril, Shield AI and Northrop Grumman.
Who are CyPhy Works's investors?
CyPhy Works has 11 investors. Key investors include Motorola Solutions, Bessemer Venture Partners, United Parcel Service, NIST, and DNX Ventures.
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