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§ Private Profile · Somerville, MA, USA
AI infrastructure platform for governments & engineering firms, automating defect detection and creating maintenance plans.
Based in Somerville, Massachusetts, Cyvl provides an artificial intelligence infrastructure platform that uses vehicle sensors, LiDAR, and computer vision to automate defect detection and maintenance planning for physical assets. The company sells hardware sensor kits and subscription software to civil engineering firms and government agencies managing transportation networks, including roads, highways, sidewalks, airports, and rail systems. To date, the enterprise has deployed its mapping technology across more than 300 agencies and partnered with over 400 municipalities, maintaining an active client base exceeding 100 organizations. Operating with approximately 30 employees, Cyvl generates millions in annual revenue and has secured over ten million dollars in total funding, highlighted by a six million dollar Series A financing round led by Companyon Ventures. Recognized by Forbes, the business was founded in 2021 by Daniel Pelaez, Noah Budris, and Noah Parker.
Cyvl.ai has raised $22.7M across 3 funding rounds.
Cyvl.ai has raised $22.7M in total across 3 funding rounds.
Cyvl.ai has raised $22.7M across 3 funding rounds. Most recently, it raised $14.0M Series A in October 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2025 | $14M Series A | Jeremy Kranz | — | Announced |
| Mar 27, 2024 | $6M Venture Round | Firas Raouf | AeroX Ventures, Alumni Ventures, Argon Ventures, Launch Capital, MassVentures, RiverPark Ventures | Announced |
| Dec 9, 2022 | $2.7M Seed | Priya Yadav | Launch Capital, RiverPark Ventures | Announced |
Cyvl.ai has raised $22.7M in total across 3 funding rounds.
Cyvl.ai's investors include Jeremy Kranz, Firas Raouf, AeroX Ventures, Alumni Ventures, Argon Ventures, Launch Capital, MassVentures, RiverPark Ventures, Priya Yadav, LaunchCapital.