Cylerity Raises $4M Seed Round and Secures up to $24M Debt Facility

Why It Matters

The funding and credit line give Cylerity the runway to scale its rapid‑payment solution, addressing cash‑flow challenges for healthcare providers and positioning it as a key fintech player in the fragmented provider financing market.

Deal Summary

Cylerity, a Madison-based healthcare fintech using AI for provider liquidity, announced a $4M oversubscribed seed equity round led by HealthX Ventures with participation from C2 Ventures, Upstream Ventures, Wisconsin Investment Partners, and Tundra Angels. The company also established a debt facility with up to $24M capacity from First Business Bank.