First Analysis has invested $9.7 million in Cycle Labs to enhance its supply chain test automation platform, facilitating global expansion and innovation.

Information on the Target

Cycle Labs is a pioneer in the software sector, specializing in enterprise-grade end-to-end automated testing solutions that significantly enhance software delivery while mitigating risks associated with complex systems. By focusing on the automation of testing within supply chain operations, Cycle Labs is transforming how enterprises validate and deploy their software infrastructures in real-time.

Led by CEO David Stephans, the company is committed to driving innovation within the testing landscape by utilizing advanced technologies, particularly in artificial intelligence, to streamline processes and reduce operational disruptions for its clients.

Industry Overview

In recent years, industries involved in supply chain management, including manufacturing, logistics, distribution, and retail, have faced mounting pressures to integrate new technologies to adapt to rapid

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First Analysis

invested in

Cycle Labs

in 2025

in a Series B deal

Disclosed details

Transaction Size: $10M

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