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Cycles

Cycles

Private
TorontoCrypto & Web3https://cycles.money/

Last Round

Seed

May 21, 2026

Total Funding Raised

$8.7M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Cycles is a financial technology company that develops a private, privacy-preserving clearing network for crypto markets and stablecoin payments.

Sector

Crypto & Web3

Verticals

Blockchain Infrastructure, DeFi, Digital Payments, Stablecoins

Business Model

B2B

Customer Profile

Payment Processing Fee, Subscription SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

crypto clearing networkmultilateral clearingstablecoin paymentszero-knowledge proofsZK proofspayment nettingcrypto clearing housedecentralized clearingcapital efficiencycounterparty risk managementinstitutional cryptosettlement riskcrypto paymentstrusted execution environmentsTEE

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Cycles Comparables

Compare Cycles with similar companies based on industry and business-model similarity.

Cycles comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Huma Finance
66%
Stripe
66%
Mastercard
66%

Cycles Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMay 21, 2026
Pre SeedMay 1, 2025

Key People

Founding team and executive leadership

Ethan Buchman

CEO

Executive Team

Cycles Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 28, 2026

    Grew 100% QoQ, from 5 to 10 employees.

  • May 25, 2026

    Cycles Prime product is now in closed beta/pilot phase.

Cycles Filings

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Cycles filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Cycles's valuation, stock price, and market status.

Is Cycles a public or private company?

Cycles is a private company.

What is the current stock price of Cycles?

Cycles is a private company with no public stock price. No recent secondary market data is available.

How much is Cycles worth (valuation)?

Valuation information for Cycles is not publicly available.

Can I buy Cycles stock?

Cycles shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Cycles's last funding round?

Cycles's most recent funding round was Seed on May 21, 2026.

Who are the main investors in Cycles?

Key investors in Cycles include CMCC Global, Blockchange Ventures.

Will Cycles IPO soon?

No public IPO plans have been announced for Cycles.

How can I track Cycles secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Cycles's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersToronto
Employee Range8
Year Founded2024
Last FundingMay 21, 2026

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