Circadence Closes $16.4 Million Investment Round Amid Strong Revenue Growth and Launch of RangeGPT and Project Ares GEN3

BOULDER, Colo.--(BUSINESS WIRE)--Circadence today announced the successful close of a $16.4 million investment round led by Seneca Partners, reinforcing its position as a category defining leader in AI driven cyber readiness and resilience. The financing follows strong revenue growth and accelerating adoption across defense and enterprise markets and coincides with the launch of RangeGPT and Project Ares GEN3, a unified AI powered platform reshaping how organizations prepare for modern digital conflict.

The capital will accelerate product innovation, expand global go to market execution, and deepen strategic partnerships across the United States, Asia Pacific, and allied markets. The round underscores investor conviction in Circadence’s differentiated AI architecture, expanding contract footprint, and growing strategic relevance in national security and mission critical enterprise environments.

RangeGPT is Circadence’s AI native cyber readiness intelligence engine, purpose built for accelerated threat evolution. Leveraging advanced large language models and adaptive scenario synthesis, RangeGPT enables real time creation of complex cyber environments that mirror actual networks, tools, and adversary tactics. It converts expert knowledge into deployable digital infrastructure at machine speed, compressing timelines from months to hours and redefining the economics of cyber range design and orchestration.

Beyond training, RangeGPT powers digital twin and near digital twin modeling, advanced threat simulation, and vulnerability discovery across enterprise and defense architectures, allowing organizations to continuously expose weaknesses and validate resilience before threats impact operations.

Project Ares GEN3 represents the next evolution of Circadence’s cyber learning platform. Built on modern cloud native architecture and developed using AI accelerated engineering methodologies, GEN3 delivers immersive live fire cyber training and operational assessment at scale. Integrated analytics provide leaders with real time visibility into readiness levels and performance gaps. Together, RangeGPT and Project Ares GEN3 enable on demand generation of virtually unlimited, mission tailored cyber scenarios aligned to cyber protection team requirements and individualized training pathways.

“The response from our customers has been extraordinary,” said Michael Moniz, CEO of Circadence. “We are seeing strong revenue growth and broad adoption across defense and enterprise markets. What once required months of engineering can now be generated in hours. Organizations must operate at the speed of relevance. RangeGPT and Project Ares GEN3 make that possible.”

“As the lead investor in this round, Seneca Partners brings deep experience in cybersecurity growth companies,” said Mike Skaff, Managing Director at Seneca Partners. “We invest in platforms that redefine categories and create durable competitive advantage.”

With accelerating revenue, expanding global contracts, and a scalable AI driven architecture, Circadence is positioned to outpace legacy providers.

About Circadence

Circadence is a leader in AI driven cyber readiness, threat modeling, and advanced cyber range solutions serving defense, intelligence, and enterprise customers worldwide. For more information visit http://circadence.com.

About Seneca Partners

Based in Grosse Pointe, Michigan, Seneca Partners is a private investment firm that partners with experienced management teams, industry-leading executives, and co-investors to execute majority recapitalizations and minority investments in well-positioned companies across a range of industries. Seneca currently has 14 direct private equity investments in its portfolio and has been investing in and operating companies for over 25 years.