- Cyferd is a cloud-based platform that enables businesses to create, deploy, and host applications with a focus on automation and integration, primarily serving sectors such as healthcare, legal, and education.
- In December 2022, Cyferd raised $10 million in funding to support its growth and development, and in late 2024, they launched ID8 Global, a joint venture with Jabil to enhance procurement management using AI.
- Cyferd's collaboration with Jabil on the ID8 Global platform highlights its commitment to transforming procurement processes, showcasing its innovative approach in the manufacturing sector.
- Cyferd's ideal buyers are organizations facing challenges with data silos and inefficient digital transformation, making it a timely solution for businesses looking to streamline operations and integrate systems effectively.
Cyferd's workforce is organized into nine distinct departments, with Engineering being the largest at five employees, followed closely by Information Technology and Sales, each with two employees. The Operations department also comprises two employees, indicating a balanced focus on both technical and operational functions. Smaller departments, such as Community and Social Services, Legal, Executive, Human Resources, and others, contribute to the overall diversity of expertise within the organization.
The company operates from a single geographic location, categorized as 'Other,' which accounts for 16 employees. This suggests a remote or distributed workforce model, as there are no additional specified locations. The concentration of employees in this category may indicate flexibility in work arrangements, allowing for a broader talent pool without geographical constraints.
