Where is Cycles located?

Cycles is headquartered in Switzerland.

How many employees does Cycles have?

As of Sep 30, 2026, the latest employee count at Cycles is 9.

Is Cycles a funded company?

Cycles is a funded company, having raised a total of $8.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2025.

When was the latest funding round of Cycles?

Cycles' latest funding was a $***** Seed round on May 21, 2026, with participation from 4 investors. Its primary sector is Blockchain Infrastructure. In Switzerland, the Blockchain Infrastructure sector has seen $40.4M in funding in 2026 to date.

Where does Cycles rank among its competitors?

Cycles ranks 96th amongst 304 active competitors, of which 88 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Cycles, which secured $6.4M in May, 2026.

Who are the top competitors of Cycles?

Cycles' top competitors include Brahma, Pi Network and Bloxroute. Among them, Cycles secured the most recent funding round in May, 2026.

Cycles - 2026 Company Profile, Funding & Competitors

Company Details

Developer of a protocol for private debt clearing and settlement. This technology enables individuals to settle financial obligations through a decentralized network. It facilitates the exchange of various currencies and credit instruments between participants. The system allows users to manage debt obligations without reliance on traditional banking institutions.

Key Metrics

Location

Switzerland

Stage

Seed

Total Funding

$8.7M in 2 rounds

Latest Funding Round

Seed, May 21, 2026, $*****

Investors

Blockchange & 3 more

Ranked

96^th among 304 active competitors

Employee Count

9 as on Sep 30, 2026

Similar Companies

Brahma & 339 more

View Cycles' full profile

Cycles has raised a total funding of $8.7M over 2 rounds. Its first funding round was on 2025. Its latest funding round was a Seed round on May 21, 2026 for $*****. 4 investors participated in its latest round. Cycles has 4 institutional investors.

Here is the list of recent funding rounds of Cycles:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 21, 2026	2920817	Seed	4441119	8783976	6721690	6543354
2025	6177	Seed	2033	6985	8192	4650

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View details of Cycles's funding rounds and investors

Cycles' employee count trend

Cycles has 9 employees as of Sep 26. Here is Cycles's employee count trend over the years:

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Top competitors of Cycles include Brahma, Pi Network and Bloxroute. Here is the list of Top 10 competitors of Cycles, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brahma 2021, Delhi (India), Acquired	Blockchain-based network for Defi applications in the finance industry	$6.71M	Framework Ventures, Greenfield Capital & 13 others	70/100
2nd	Pi Network 2019, Palo Alto (United States), Seed	Provider of blockchain-based platform offering to mine coins	-	137 Ventures, Ulu Ventures & 1 others	67/100
3rd	Bloxroute 2017, Evanston (United States), Acquired	Provider of real-time data and transaction propagation for blockchain networks	$89.6M	SoftBank Vision Fund, Maven 11 & 19 others	63/100
4th	Radix 2016, Channel Islands, Series A	Blockchain platform featuring a range of DeFi applications	$14.1M	LocalGlobe, DWF Labs & 8 others	63/100
5th	Berachain 2022, George Town (Cayman Islands), Series B	Provider of EVM-compatible blockchain built on Proof-of-Liquidity consensus	$142M	Polychain, Framework Ventures & 27 others	62/100
6th	Sei 2021, San Francisco (United States), Series B	Online platform offering blockchain infrastructure solutions	$35M	Bixin Ventures, Distributedglobal & 22 others	60/100
7th	GAIB 2024, Singapore (Singapore), Series A	Blockchain-based platform offering tokenizes enterprise-grade GPUs	$15M	Hack VC, Hashed & 14 others	59/100
8th	Veda Tech 2024, New York City (United States), Series B	Provider of vault infrastructure platform for institutions to manage onchain financial products	$18M	CoinFund, Relayer Capital & 12 others	59/100
9th	Mimo 2015, Vaduz (Liechtenstein), Series B	Decentralized tokenization and cryptocurrency token platform	$16.6M	Northzone	58/100
10th	ZeroLend 2023, Athens (Greece), Seed	Platform offering online banking solutions	$3M	iAngels, Bison Fund & 24 others	57/100
96th	Cycles Switzerland, Seed	Developer of a protocol for private debt clearing and settlement	$8.7M	Compound, Coinbase & 2 others	31/100