About Cypress
Cypress is a company based in Atlanta (United States) founded in 2014 by Jennifer Shehane and Brian Mann. It operates as a SaaS (Software-as-a-Service), and Freemium. Cypress has raised $54.81 million across 5 funding rounds from investors including Bessemer Venture Partners, OpenView and Sapphire Ventures. Cypress offers products and services including Cypress App and Cypress Cloud. Cypress operates in a competitive market with competitors including Tricentis, BrowserStack, LambdaTest, SmartBear and Testlio, among others.
- Headquarter Atlanta, United States
- Founders Jennifer Shehane, Brian Mann
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Cypress.Io, 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
$54.81 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series B
Nov 25, 2020
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Investors
Bessemer Venture Partners
& 10 more
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Employee Count
Employee Count
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Products & Services of Cypress
Cypress offers a comprehensive portfolio of products and services, including Cypress App and Cypress Cloud. 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.
Testing tool for modern web applications provided.
Scalable testing solution with analytics is offered.
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Funding Insights of Cypress
Cypress has successfully raised a total of $54.81M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in November 2020. 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 5
- Last Round Series B — $40.0M
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First Round
First Round
(07 Jan 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series B - Cypress | Valuation | OpenView | |
| Jun, 2019 | Amount | Series A - Cypress | Valuation | Bessemer Venture Partners | |
| Jun, 2018 | Amount | Seed - Cypress | Valuation | Las Olas , 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 Cypress
Cypress has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, OpenView and Sapphire Ventures. 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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US expansion-stage companies are invested in by OpenView.
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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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Venture capital firm partnering with enterprise software companies and early-stage funds.
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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 Cypress
| 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 - Cypress
| 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 |
Cypress Comparisons
Competitors of Cypress
Cypress 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 Tricentis, BrowserStack, LambdaTest, SmartBear and Testlio, 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 |
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| domain | founded_year | HQ Location |
AI powered software testing suite
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| domain | founded_year | HQ Location |
Cloud based suite of software testing solutions
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| domain | founded_year | HQ Location |
Cloud-based cross-browser testing services are provided for web applications.
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| domain | founded_year | HQ Location |
Cloud-based tools for software testing and monitoring are offered.
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| domain | founded_year | HQ Location |
Software testing suite solutions are provided for diverse applications.
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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 Cypress
Frequently Asked Questions about Cypress
When was Cypress founded?
Cypress was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Cypress located?
Cypress is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Is Cypress a funded company?
Cypress is a funded company, having raised a total of $54.81M across 5 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jan 07, 2016.
What does Cypress do?
Testing solutions for modern web applications are developed by Cypress. End-to-end and component testing tools are offered, enabling developers to write, run, and debug tests directly in the browser. Integration with continuous integration pipelines is supported, and scalability through Cypress Cloud is ensured. Features like visual debugging, accessibility checks, and UI coverage are included to enhance testing workflows. The technology sector, specifically software testing, is primarily served with a focus on automation and efficiency.
Who are the top competitors of Cypress?
Cypress's top competitors include BrowserStack, LambdaTest and Tricentis.
What products or services does Cypress offer?
Cypress offers Cypress App and Cypress Cloud.
Who are Cypress's investors?
Cypress has 11 investors. Key investors include Bessemer Venture Partners, OpenView, Sapphire Ventures, Las Olas, and Battery Ventures.
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