Backed by an all-star cast, product management platform Cycle dons the green jersey in $6 million round
Summary
Brussels-based Cycle has raised $6 million in a seed funding round that will see the company further its end goal of becoming the be-all-end-all reference when it comes to product management, think Figma for product management and/or GitHub when it comes to a living, breathing CV.Cycles $6 million seed round was led by Boldstart with eFounders, Base Case, The 20VC Fund, SV Angel, BoxGroup, Hummingbird Ventures, and 60 operator angels among which product leaders at Meta, Stripe, Google, and Dropbox participating.Like many a startup before it, Cycle has come to life as a response, a retort even, to a status quo that should never have become status nor quo in the first place.As a product manager, I always felt frustrated not because I was lacking tools but rather because I was overwhelmed with so many of them, explained Cycle founder and CEO Mehdi Boudoukhane. I was thinking to myself: Designers have Figma; Engineers have GitHub; Why is it that Im still getting lost in tabs to get my most basic work done?Adding Boudoukhanes own expertise, in order to create something truly revolutionary (or at least assemble a list of names that could very well do just that), Cycle has brought on some of the worlds best product leaders as angel investors. Here we go:The startup has been in private beta for the past three years and in July 2022, Cycle soft launched on Product Hunt and ended up Product of the Week, naturally generating thousands of signups. Since then, the number of companies actively using Cycle has grown from 50 to 500.Cycle makes it easy to contact the most relevant users whenever I need feedback on a new product initiative. It helps me capture all the necessary customer context without friction, says JeudiMerci Product Manager Luuk De Jonge.