# Cycle Labs funding: rounds and investors

> Cycle Labs has raised $12M across 2 rounds since 2024. Investors include Jurassic, Triangle Tweener Fund and Cofounders Capital. Every round with its source.

Source: https://millionrounds.com/company/cycle-labs (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Cycle Labs*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise Software Logistics Robotics Software

Funding summary Updated 26 Oct 2026

**$12M** raised across 2 rounds since 2024, from 3 sources

**$6.5M** Growth **$5.0M** Venture

- **Latest round:** Venture, $5.0M Sept 2025
- **Biggest round:** $6.5M Growth · Mar 2024
- **Investors:** 6 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$6.5M** Growth

**$5.0M** Venture

- **First round:** Growth, $6.5M
- **Biggest round:** $6.5M
- **Between rounds:** 18 months

## The rounds

- **Sept 2025** Venture **$5.0M** *1 new* [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) Source recorded and 1 other SEC filing: $5.0M sold, first sale Aug 2025
- **Mar 2024** Growth **$6.5M** *5 new* [Jurassic](https://millionrounds.com/fund/jurassic) Lead [Cofounders Capital](https://millionrounds.com/fund/cofounders-capital) [Live Oak Bank](https://millionrounds.com/fund/live-oak-bank) [Front Porch Venture Partners](https://millionrounds.com/fund/front-porch-venture-partners) [Halstatt Legacy Partners](https://millionrounds.com/fund/halstatt-legacy-partners) Reported by Firms' own news pages

## Founders and team

From Cycle Labs's own website: 1 founder, 5 on the team.

**Salim Tab** Founder / CEO | SLMCON

- **Azam Heydari** Manager, Technology | RONA
- **Brett Peterson** Director of Information Technology | Kenco
- **Casey Basford** Lead Software Engineer | Polaris Industries
- **Dawn Herring** IT Manager and Liasion | Andersen Corporation
- **Shweta Raut** Manager, Technology | RONA

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Growth** 2024 **Venture** 2025 [Jurassic](https://millionrounds.com/fund/jurassic) L [Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) [Cofounders Capital](https://millionrounds.com/fund/cofounders-capital) [Live Oak Bank](https://millionrounds.com/fund/live-oak-bank) [Front Porch Venture Partners](https://millionrounds.com/fund/front-porch-venture-partners) [Halstatt Legacy Partners](https://millionrounds.com/fund/halstatt-legacy-partners)

## Everyone who backed them

[Jurassic](https://millionrounds.com/fund/jurassic) Growth equity **1** round, led 1

[Triangle Tweener Fund](https://millionrounds.com/fund/triangle-tweener-fund) VC firm **1** round

[Cofounders Capital](https://millionrounds.com/fund/cofounders-capital) VC firm **1** round

[Live Oak Bank](https://millionrounds.com/fund/live-oak-bank) VC firm **1** round

[Front Porch Venture Partners](https://millionrounds.com/fund/front-porch-venture-partners) Private equity **1** round

[Halstatt Legacy Partners](https://millionrounds.com/fund/halstatt-legacy-partners) Family office **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cycle-labs).

## Also claim to have backed them

These 2 firms list Cycle Labs as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[First Analysis](https://millionrounds.com/fund/first-analysis) VC firm Per its own site

[Southeast Investor Group (SEIG)](https://millionrounds.com/fund/southeast-investor-group-seig) VC firm Per its own site

## Quick answers about Cycle Labs

### Who invested in Cycle Labs?

Cycle Labs's investors include Jurassic, Triangle Tweener Fund, Cofounders Capital, Live Oak Bank and Front Porch Venture Partners, and 1 more on record.

### How much has Cycle Labs raised?

Cycle Labs has raised $12M across 2 rounds since 2024.

### When did Cycle Labs last raise?

Cycle Labs's most recent round was a Venture of $5.0M in Sept 2025.

### What was Cycle Labs's biggest round?

Cycle Labs's largest round on record is $6.5M (Growth), in Mar 2024, led by Jurassic.

### Who backed Cycle Labs first?

Cycle Labs's first round on record, in Mar 2024, was backed by Jurassic, Cofounders Capital and Live Oak Bank and 2 others.

### What stage is Cycle Labs at?

Cycle Labs's latest named round is a Venture, in Sept 2025.

### Where is Cycle Labs based?

Cycle Labs is based in the United States.

### Who led Cycle Labs's rounds?

Jurassic led the Growth in 2024.

## Companies like Cycle Labs

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)

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