# Cyclops

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cyclops-2

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.cyclops.io
- Total disclosed funding: $20M
- Latest round: Series A (Jul 2, 2026)
- Investors on record: 6

## About

Cyclops Inc., based in the US, specializes in creating a payment platform that integrates cryptocurrencies and stablecoins, providing essential solutions for payment processing across various sectors. Founded in 2025 by Pat Duffy, Alex Wilson and David Johnson in Miami, US, Cyclops Inc. focuses on enhancing payment systems through digital currencies. In July 2026, Cyclops Inc. raised USD 20 million in series A funding led by Nava Ventures, with participation from Coinbase Ventures, Circle Capital, Lasagna Capital, Global PayTech Ventures, and Castle Island Ventures. Cyclops offers a comprehensive platform tailored specifically for payment companies, focusing on the integration of cryptocurrencies and stablecoins into their operations. The core product offerings include solutions for receiving payments, settlement optimization, conversion between fiat and digital currencies, and customizable APIs for building bespoke products. These solutions facilitate the acceptance of cryptocurrencies and stablecoins at both physical and digital checkouts, streamline global, cross-border transactions, and enable businesses to send payouts efficiently to customers and partners. Cyclops serves a diverse client base, including over 200,000 merchants across more than 130 countries and supports over 20 different digital assets. The platform is designed to improve payment processing and reduce the complexities associated with digital asset transactions, making it a vital tool for payment processors operating within the evolving landscape of digital currencies. The company plans to utilize the July 2026 funding to speed product development, expand local teams and licensing, and grow go-to-market efforts.

## Funding rounds

- Series A, Jul 2, 2026, $20M — Coinbase Ventures, Castle Island Ventures, Global PayTech Ventures, Nava Ventures, Circle Capital, Lasagna Capital

## Investors

- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Castle Island Ventures (https://capitalatlas.ai/funds/castle-island-ventures) — Series A
- Global PayTech Ventures (https://capitalatlas.ai/funds/global-paytech-ventures) — Series A
- Nava Ventures (https://capitalatlas.ai/funds/nava-ventures) — Series A
- Circle Capital (https://capitalatlas.ai/funds/circle-capital) — Series A
- Lasagna Capital (https://capitalatlas.ai/funds/lasagna-capital) — Series A