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How CYST grew CYST to $1.1M revenue with a 7 person team in 2024.

CYST is a software innovation company that specializes in mobile payment, artificial intelligence and blockchain technologies to create simple and easy to use technology solutions which are relevant to local markets while adhering to international standards. With this in mind; Mazzuma, our flagship product, is a mobile money payment system that utilizes a distributed secure infrastructure and cryptocurrency to enable instant seamless payments. CYST also has a research arm called CRI (CYST Research Institute), which focuses on artificial intelligence based research and development such as natural language processing. The company was founded in 2013 and it's co-founders have been listed in the Forbes Africa 30 under 30, 2018 technology category.

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CYST Revenue

In 2024, CYST's revenue reached $1.1M. Since its launch in 2013, CYST has shown consistent revenue growth.

CYST Revenue GrowthReported revenue / ARR by year$0$250K$500K$750K$1M$1M2013201520172019202120232024$0$1MSource: GetLatka.com
YearMilestone
2024CYST Hit $1.1m revenue in June 2024
2013Launched with $0 revenue

CYST Valuation, Funding Rounds

CYST's most recent disclosed valuation is $3.2M.

CYST is a bootstrapped Natural Language Processing (NLP) Software startup. Founded in 2013, CYST has grown to $1.1M in revenue without raising any venture capital or outside funding.

As a self-funded Natural Language Processing (NLP) Software SaaS company, CYST has built its business with no outside investment.

CYST Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120132013 cumulative: $0 • 2013 Founded: $02013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

CYST Employees & Team Size

CYST employs approximately 7 people as of 2026.

CYST has 7 total employees in different roles and functions.

CYST Team GrowthReported headcount over time02356820132015201720192021202320240077Source: GetLatka.com
YearMilestone
2024Reached 7 employees (June 2024)

Customers

We do not have customer count information for CYST yet.

Frequently Asked Questions about CYST

What is CYST's revenue?

CYST generates $1.1M in revenue.

How much funding does CYST have?

CYST raised $0.

How many employees does CYST have?

CYST has 7 employees.

Where is CYST headquarters?

CYST is headquartered in Accra, Greater Accra, Ghana.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

CYST Revenue 2024: $1.1M ARR, $3.2M Valuation