Companies · Hardware / Semiconductors

DevCycleWinter 2014Acquired

Toronto · ON, Canada · Hardware / Semiconductors · founded 2013 · http://devcycle.com

Diligence memoA one-page analyst read on DevCycle — recommendation, valuation, rhythm, risks.
Total raised · real
0
Rounds
Latest step-up
Top 53%
Sector rank · raised
Latest stage · inferred

DevCycle: limited disclosed financing to assess.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Where it sits in Hardware / Semiconductors

DevCycle is one of 130 Hardware / Semiconductors companies tracked from Toronto, ON, Canada, on record since 2013. By capital raised it ranks mid-pack (ahead of 48% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Feature Flag Management Built for Developers

DevCycle empowers development teams with seamless management of code deployment and feature releases. Our flexible and integrated Feature Management solution, specifically designed for developers, grants teams full control over their feature flags while preventing the accumulation of tech debt. With our scalable and cost-efficient platform, teams can focus on what truly matters—building exceptional software—without being bogged down by the complexities of feature management. Previously known as Taplytics, born at Y Combinator in Silicon Valley as an A/B Testing and Experimentation solution for product and marketing teams, we have evolved into DevCycle, a trusted Feature Management Solution utilized by some of the world's largest brands. Serving millions of end-users and launching billions of events, we understand the demands of high-scale operations.

B2BSaaShardware/semi
Find DevCycle online

As reported in public records reported — not modeled.

CA
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

No round amounts on record to chart.

Financing ladder & sequence gaps

No staged rounds to sequence.

Modeled valuation trajectory
Base estimate est.
Conservative case
Upside case
Modeled post-money

Round size and date are reported; the stage label is inferred from round size. Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Financing rhythm
Avg between rounds
Capital velocity
On record since
First round
0
Rounds on file
How it compares to the market

Benchmarked against 130 companies in Hardware / Semiconductors. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)
This company
Sector median$8.3M
Modeled value — vs sector median (estimate, all stages)
This company
Sector median$26.4M

Raised more than 48% of sector peers (real $). Modeled value above 48% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
No rounds recorded.
Intelligence
Modeled next raise
Modeled next size est.
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

DevCycle is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
CA
Jurisdiction
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
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Advanced Silicon Group, Inc.Hardware / SemiconductorsSeed$1.0M$14.6Msame sector
AeroFSHardware / Semiconductorssame sector
AfrostreamHardware / Semiconductorssame sector
Aisle50Hardware / Semiconductorssame sector
AKHAN Semiconductor, Inc.Hardware / SemiconductorsSeries B$26.0M$207.6Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

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Avalanche
Referral program SDK for startups
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Incredibly reliable background task queues and cron jobs
74%
Novocycle Technologies CorpSoftware / TechPre-Seed$406K74%
Dropbase
AI app builder for internal tools. Build back-office software faster…
Mobility / Logistics74%
Opsolutely
Automated deployments for software teams.
74%
Ditto
Manage the words across your team’s product from design to production.
SaaS / Software73%
Frequently asked
What does DevCycle do and where is it based?
DevCycle operates in the Hardware / Semiconductors sector, based in Toronto, ON, Canada. Feature Flag Management Built for Developers
Explore related

See where DevCycle sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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