About CyPhy Works
CyPhy Works was an Aerospace, Defense & Maritime company based in Danvers (United States) founded in 2008 by Lance Vanden Brook and Helen Greiner. It develops microfilament-based secure multi-copter drones for various applications. It operates on a B2B model. 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. Its chief executive, as recorded, is Lance Vanden Brook. Its website cyphyworks.com draws about 681 thousand monthly visits. The company is recorded as dissolved. Its focus areas include Technology, Hardware, Drones and Secure Multi-copter. Its legal entity is CYPHY WORKS, INC. Its competitors include Anduril, Shield AI and Northrop Grumman; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Danvers, United States
- Employees 57
- Founders Lance Vanden Brook, Helen Greiner
- SectorsAerospace, Defense & Maritime
- Website cyphyworks.com
- Social X
- Legal Name Cyphy Works, Inc.
- Total Equity Funding$37.06M (USD)
in 12 rounds
- Latest Funding Round$5.06M (USD), Series B
Jul 2018
- InvestorsMotorola Solutions
& 10 more
- Employee Count57
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 $37.06M
- Total Rounds 12
- Last Round Series B — $5.06M
- First Round $100,000
(Jun 2009)
- Investors Count 11
Latest 10 of 12 funding rounds of CyPhy Works 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 |
|---|---|---|---|---|---|
| Jul 2018 | $5.06M | Series B | – | – | – |
| Jun 2018 | $4.55M | Debt – Conventional | – | – | – |
| Oct 2015 | $22M | Series B | – | Bessemer Venture Partners | |
| Sep 2015 | Series B | – | – | ||
| Mar 2015 | Series A | – | Motorola Solutions | – | |
| Nov 2013 | $7.05M | Series A | – | Lux Capital | |
| Jul 2011 | $1.2M | Seed | – | – | – |
| Feb 2010 | $1.75M | Seed | – | – | – |
| Dec 2009 | $2.4M | Grant | – | – | |
| Dec 2009 | $2.45M | Grant | – | – |
11 investors in total: 11 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Investments in B2B sectors are made by DNX Ventures. | dnx.vc | San Mateo, United States | ||
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Venture capital firm | iqt.org | Washington, Dc, United States | ||
Investments in technology startups are made by Felicis Ventures. | felicis.com | Menlo Park, United States | ||
Communication technology provider | 1928 | motorolasolutions.com | Chicago, United States | |
Packages and freight are delivered worldwide by UPS. | 1907 | ups.com | Atlanta, United States | |
Standards and measurements are developed by NIST for various industries. | 1901 | nist.gov | United States | |
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for CyPhy Works
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People of CyPhy Works
2 people are tracked at CyPhy Works (2 in leadership); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
Lance Vanden Brook | CEO, Co-Founder | Leadership |
Helen Greiner | Co-Founder, CTO | Leadership |
Complete people profiles for CyPhy Works
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Timeline of CyPhy Works
3 dated milestones of CyPhy Works across 10 years, from founding to its latest funding, stage changes and deals.
- Founded CyPhy Works is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series B, of $5.1M.
Competitors of CyPhy Works
CyPhy Works has 3 listed competitors in our database, 2 of them funded. They include Anduril, Shield AI and Northrop Grumman.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| anduril.com | 2017 | Orange, United States | $6.26B | 2,193 | Provider of AI-based drone surveillance solutions for defense and maritime sector | |
| shield.ai | 2015 | San Diego, United States | $3.52B | 641 | Autonomous drones and AI pilots for fighter jets are developed. | |
| northropgrumman.com | 1939 | United States | 95,000 | Non-combat aircraft systems are supplied for aerospace and defense sectors. |
Detailed competitors of CyPhy Works
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Web traffic of CyPhy Works
The website of CyPhy Works (cyphyworks.com) receives about 680.7K visits a month.
- Monthly visits680.7K
▼ 6.7% vs previous month
Websites whose visitors overlap most with CyPhy Works. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| falconebiz.com | 100% | 959.8K | #63,970 | View details | |
| tofler.in | 97% | 556K | #105,509 | View details | |
| zaubacorp.com | 96% | 4.9M | #12,689 | View details | |
| tracxn.com | 92% | 2.9M | #16,597 | View details | |
| indiafilings.com | 90% | 2.1M | #29,959 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for CyPhy Works
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Top companies in Drone & Aerial Mobility
3 companies that operate in the same segment as CyPhy Works (Drone & Aerial Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | 9,670 | ||
Autonomous drones and AI pilots for fighter jets are developed. | 2015 | San Diego, California, United States | USD 3.52 B | 1,965 | ||
Autonomous drones, software, and accessories are manufactured for various sectors. | 2014 | San Mateo, California, United States | USD 3.23 B | 1,067 |
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Related news about Cyphy Works
Complete news archive for CyPhy Works
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Frequently Asked Questions about CyPhy Works
CyPhy Works was founded in 2008 and raised its 1st funding round 1 year after it was founded.
CyPhy Works is headquartered in Danvers, United States. It is registered at Danvers, Massachusetts, United States.
Lance Vanden Brook is the CEO of CyPhy Works, as recorded in our data. They have also founded this 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 Grant of $2.45M, raised on Jun 2009.
CyPhy Works has 57 employees.
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.
CyPhy Works's top competitors include Anduril, Shield AI and Northrop Grumman.
CyPhy Works has 11 investors. Key investors include Motorola Solutions, Bessemer Venture Partners, United Parcel Service, NIST, and DNX Ventures.
CyPhy Works operates through Cyphy Works, Inc..
The website of CyPhy Works receives about 681 thousand visits a month.