Cybersyn, a New York-based data-as-a-service company (DaaS), raised $62.9M in Series A funding.
The round was led by Snowflake with participation from Coatue and Sequoia Capital. Mike Scarpelli, Chief Financial Officer of Snowflake, Christian Kleinerman, Senior Vice President of Product at Snowflake, and Thomas Laffont, Co-founder and Senior Managing Director of Coatue, have all joined Cybersyn’s board of directors.
The company intends to use the funds to grow the team and acquire more proprietary data to create derived products that are useful for market intelligence, investment, and policy decisions.
Founded in 2022 by CEO Alex Izydorczyk, Cybersyn is a data-as-a-service company delivering granular market intelligence datasets. It combines public and proprietary economic data to create commercially relevant datasets that are useful for decision makers across businesses and governments.
The company’s proprietary and publicly available datasets are currently on Snowflake Marketplace. The team will be releasing additional proprietary datasets soon.
FinSMEs
13/04/2023