Cyclica

BiotechnologySeries BToronto, Canadacyclicarx.com

Latest round

Series B

Last raised

Jun 2020

Total raised

$20M

Investors

7

About Cyclica

Cyclica Inc. operates in the biotechnology sector, focusing on AI-driven drug discovery. Founded in 2013 in Toronto, Canada, by Jason Mitakidis, the company has successfully completed a total of 8 deals. Its most recent deal occurred on May 8, 2023, when Recursion Pharmaceuticals, Inc.000 mn.Cyclica specializes in providing innovative solutions through its products designed for the biotechnology sector. Its core offerings enhance operational efficiency and improve customer engagement by focusing on drug discovery and development. The company caters primarily to organizations in the healthcare industry, offering products that integrate seamlessly with existing systems to maximize productivity and provide real-time data analytics.Cyclica's revenue model is based on a combination of subscription-based services and direct sales to various sectors within the biotechnology industry. Services typically involve annual or monthly subscriptions for its software solutions, with pricing tiers reflecting the features offered. The company also partners with distributors to enhance product delivery to end-users in retail and wholesale sectors. The company aims to develop new products and enhance its existing offerings, with several innovations in the pipeline. Additionally, it is targeting expansion into key markets in Europe and Asia to increase its global footprint., Cyclica is positioned to accelerate its growth initiatives and enhance its contribution to the biotechnology industry.

Who invested in Cyclica

7 investors across 4 rounds

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Funding rounds

  1. Series B

    Jun 23, 2020

    Amount

    $17M

    Investors

    Locked

  2. Series A

    Jul 26, 2017

    Amount

    $1.8M

    Investors

    Locked

  3. Series A

    Sep 22, 2016

    Amount

    $1.8M

    Investors

    Locked

  4. Seed

    Aug 15, 2015

    Amount

    Undisclosed

    Investors

    Locked

Questions about Cyclica

Who invested in Cyclica?

Cyclica has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cyclica raised?

Cyclica has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Cyclica last raise money?

Cyclica's most recent round on record is a Series B, in Jun 2020.

What does Cyclica do?

Cyclica is a biotechnology company.

Where is Cyclica headquartered?

Cyclica is headquartered in Toronto, Canada.

Which VCs invest in companies like Cyclica?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Cyclica's stage. Their profiles are linked below.

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