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The Venture Codex

Cyrus Angel Fund

17 Shimon Hatarsi St., Tel Aviv, 6249220, Israel

Overview

Cyrus Angel Fund is an angel fund that funds early seed startups. They are very actively involved, believing that this can help improve a startup’s odds of success. Their domain includes SaaS, consumer Internet and other software ventures.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
  • SaaS
  • Software
Visit website

Investment portfolio

  • Datarails

    Participated · Series A · Jul 2017

    Datarails offers an Excel-native FinanceOS that consolidates ERP, CRM, HRIS, and spreadsheet data to become a single source of truth for the CFO's office. Its multi-product suite spans FP&A, month-end close, cash management, spend control, and newly launched Strategy, Planning, and Reporting AI Finance Agents that instantly generate analyses, forecasts, and board-ready reports. In 2025 the company recorded 70% year-over-year revenue growth and nearly doubled its workforce to more than 400 employees, reflecting strong demand for its approach. Over half of 2025 growth came from products introduced in the prior 12 months, underscoring rapid expansion beyond core FP&A. Research cited by the company shows 99% of finance professionals still rely heavily on Excel, a dynamic Datarails leverages by embedding AI directly into their existing workflows. The new capital will fund geographic expansion across North America and EMEA, increased R&D investment, and potential acquisitions. Additional products are slated for release in the coming year as the firm seeks to make AI the foundation of every finance workflow.

  • SimpleOrder

    Participated · Equity · Oct 2016

    SimpleOrder provides a cloud-based platform that automates restaurant supply chains and inventory management. The company has released an Automated Inventory System that calculates and manages inventory in real time, automatically deducts stock when dishes are sold, and integrates purchasing, recipe costing and point-of-sale data across desktop and mobile (iOS/Android) apps. The platform connects restaurants and suppliers, supports unlimited users per account, and customers report saving up to 30 work-hours per month and improving profit margins by 5–8%. SimpleOrder serves more than 1,500 locations in 14 countries (principally the U.S., U.K., and German-speaking markets) and has tripled its international clients in the past six months. Founded in 2012, the company has 27 employees and competes with MarketMan and Sourcery. Financially, SimpleOrder raised $2.75 million in a first round and has raised $3.7 million to date; the round was led by Lazarus Israel Opportunities Fund and Foodlab Capital with participation from Cyrus Angel Fund and private angel investors.

Team

No current team members are available.