Draft:Cypris

Cypris
TypePrivate
IndustrySoftware
Founded2021
FoundersSteve Hafif
ProductsInnovation Intelligence software

Cypris is an American software company that develops software for innovation intelligence, technology scouting, and research and development. The company's platform aggregates data from patents, scientific literature, grants, chemical databases, market intelligence sources, and corporate records to support research, competitive intelligence, and technology discovery activities.[1]

Founded in 2021 and headquartered in New York City, Cypris provides software and research tools for corporate R&D teams, intellectual property professionals and innovation organizations. The platform combines data aggregation, semantic search, and artificial intelligence technologies to assist users in identifying emerging technologies, monitoring competitors, and evaluating innovation opportunities.[2]

History

Cypris was founded in 2021 by Steve Hafif as a platform focused on technology scouting and innovation research.[3] According to the company's leadership, the business originated from efforts to build a patent-focused marketplace before expanding into a broader R&D intelligence platform.[4]

The company developed tools that combined patent information with scientific publications, market intelligence, startup data, and other technical sources. By 2024, Cypris reported that its platform analyzed more than 500 million data points across multiple innovation-related datasets.[5]


In July 2024, Cypris announced a $5.3 million Series A funding round led by Vocap Partners, with participation from Activate Venture Partners and BlueTree Capital. The company stated that the funding would support product development and expansion of its research platform.[6]

In June 2026, Cypris launched Agentic Monitoring, a feature designed to continuously monitor patents, scientific literature, regulatory activity, grants, mergers and acquisitions, and other innovation-related information sources.[7]

Products

Cypris develops software products for innovation intelligence and research.

The platform provides tools for:[8]

Cypris integrates information from patents, scientific publications, grants, company records, regulatory sources, and market intelligence databases into a unified research platform. The company has stated that its platform employs semantic search techniques and proprietary ontology models to organize technical information across multiple domains.

Technology

Cypris utilizes artificial intelligence and retrieval-based search technologies to analyze technical and business information. The platform's underlying knowledge architecture, referred to by the company as the "Cypris Ontology", is designed to identify relationships among patents, scientific publications, chemical compounds, corporate activities, and other innovation-related data.[9]

The company has described its approach as retrieval-augmented generation (RAG), in which large language models are combined with external data sources to generate responses grounded in source materials.[10]

See also

References

  1. ^ "Cypris Raise $5.3M to Truncate Research Time for R&d teams from Weeks to Minutes with AI". AlleyWatch. Retrieved 20 July 2026.
  2. ^ "Cypris Raise $5.3M to Truncate Research Time for R&d teams from Weeks to Minutes with AI". AlleyWatch. Retrieved 20 July 2026.
  3. ^ "Cypris Appoints Chris Stalemates as Chief Technology Officer". CityBiz. Retrieved 20 July 2026.
  4. ^ "How Cypris Evolved from Selling Patent Reports to Agentic R&D Intelligence". R&D World. Retrieved 20 July 2026.
  5. ^ "Cypris Raise $5.3M to Truncate Research Time for R&d teams from Weeks to Minutes with AI". AlleyWatch. Retrieved 20 July 2026.
  6. ^ "Cypris Raise $5.3M to Truncate Research Time for R&d teams from Weeks to Minutes with AI". AlleyWatch. Retrieved 20 July 2026.
  7. ^ "How Cypris Evolved from Selling Patent Reports to Agentic R&D Intelligence". R&D World. Retrieved 20 July 2026.
  8. ^ "How Cypris Evolved from Selling Patent Reports to Agentic R&D Intelligence". R&D World. Retrieved 20 July 2026.
  9. ^ "How Cypris Evolved from Selling Patent Reports to Agentic R&D Intelligence". IP WatchDog. Retrieved 20 July 2026.
  10. ^ "How Cypris Evolved from Selling Patent Reports to Agentic R&D Intelligence". R&D World. Retrieved 20 July 2026.

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