Jurassic Leads $6.5M Follow-on Investment in Cycle Labs

Today, we’re excited to announce our second investment into Cycle Labs! Based in Raleigh, NC, Cycle Labs provides a continuous test automation software platform to large enterprises worldwide.

We kicked off our journey with Cycle Labs in early 2022 with an initial $2.5M investment after two years of advising Co-founder and CEO, Josh Owen, and his team. Spun out of Josh’s successful logistics implementation services company, Tryon Solutions, Cycle Labs was created to solve the increasingly common need for customers to continuously test their ever-complex and expanding enterprise tech stacks. Since inception, Cycle has become a market leader, driving key partner relationships with major players in the logistics space and beyond. 

We continue to be impressed with Josh and team’s extensive experience in serving this industry and leadership in driving innovation in the logistics space. As a high-growth local company with bootstrapped roots and an impressive culture, Cycle fits right within Jurassic’s sweetspot. Our continued partnership with Cycle, allows Jurassic to provide guidance alongside capital, and we’re excited for the next part of this growing and scaling journey with the whole team.

Joining us in this investment were a number of Southeast investors, including CoFounders Capital, Halstatt Legacy Partners, Live Oak Bank, and Front Porch Venture Partners, among others in the ecosystem. We’re looking forward to utilizing our new partners’ vast experience with companies of this profile to help Cycle Labs take their journey to the next level.

You can read more about Cycle Labs at cyclelabs.io.

Onward!

Kevin, Joe, and Chrissy