# Cypris

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cypris

- Industry: Software
- Headquarters: New York, US
- Website: www.ipcypris.com
- Total disclosed funding: $8.6M
- Latest round: Series A (Jun 23, 2024)
- Investors on record: 5

## About

Founded in 2019 and based in New York, US, IP Web Inc., doing business as Cypris, operates as a provider of a software-as-a-service (SaaS)-based platform that offers research support services to market researchers. In December 2022, Cypris raised USD 3.5 million in series A funding led by new investor York IE, with participation from other new investors Activate Venture Partners, BlueTree Venture Fund, and K20 Fund. As of December 2022, the firm is being led by its CEO, Steve Hafif. The company serves clients in the R&D and innovation teams, M&A, business development and market intelligence, and technology transfer. 

The firm leverages artificial intelligence (AI)-powered data search across global data points from premium data sources and delivers niche data sets to researchers to support new product development and commercial strategy. Additionally, the firm offers data monitoring, custom reports, and a dashboard for researchers to customize their reports. 

The company intends to use the December 2022 funding to support its product development and expansion of its market reach.

## Funding rounds

- Series A, Jun 23, 2024, $5.1M — Activate Venture Partners, Vocap Investment Partners, BlueTree Venture Fund, York IE, K20 Fund
- Seed, Dec 16, 2022, $3.5M — Activate Venture Partners, BlueTree Venture Fund, York IE, K20 Fund

## Investors

- Activate Venture Partners (https://capitalatlas.ai/funds/activate-venture-partners) — Seed, Series A
- BlueTree Venture Fund (https://capitalatlas.ai/funds/bluetree-venture-fund) — Seed, Series A
- York IE (https://capitalatlas.ai/funds/york-ie) — Seed, Series A
- K20 Fund (https://capitalatlas.ai/funds/k20-fund) — Seed, Series A
- Vocap Investment Partners (https://capitalatlas.ai/funds/vocap-investment-partners) — Series A