Cypris Appoints Chris Staymates as New CTO to Drive Innovation

Cypris Welcomes Chris Staymates as Chief Technology Officer

Cypris, a leading AI-powered research platform dedicated to supporting R&D teams, has announced the appointment of Chris Staymates as its new Chief Technology Officer (CTO). Previously serving as the Chief Innovation Officer at Stax, Staymates brings a wealth of experience that will undoubtedly accelerate product innovation for Cypris' expanding client base.

Experience and Achievements of Chris Staymates

With over 20 years in the technology sector, Chris Staymates has proven instrumental in the development and scaling of technical teams to achieve substantial business outcomes. His prior experience includes pivotal roles that helped businesses surpass nine-figure revenue milestones and reach unicorn valuations. Most recently, he served as both Chief Innovation Officer and CTO at a payments technology firm, Stax, where his efforts contributed to raising revenue beyond $150 million.

Contributions to Stax and Beyond

During his tenure at Stax, Chris played a crucial role in the creation of an integrated payments platform that positioned the company as a formidable rival to industry giants like Stripe and Adyen. His leadership saw the expansion of the product and engineering teams from a modest eight members to more than 120 skilled professionals, all while achieving profitability.

Innovative Approach to Technology

Chris’ career is a testament to innovation and versatility. He has directed the launch of the largest social media data ingestion system as well as the creation of groundbreaking machine learning products. Noteworthy projects include transformative initiatives such as the HitStick and SuperSim and contributions to downloadable content for the widely recognized EA Sports' Madden NFL franchise. Throughout his career, Chris has consistently advanced the technological landscape, delivering engaging results that resonate across various sectors.

Vision for the Future

In reflecting on his new role, Chris stated, "It's been said that the output of a company is the vector sum of the people within it. With every hire, our goal is to bring in individuals who can significantly push the boundaries of that output. In addition to his commercial and innovation mindset, Chris brings exceptional expertise in scaling engineering processes, upgrading development quality, and elevating hiring practices—capabilities that will undoubtedly extend what we can achieve as a business." This vision aligns perfectly with Cypris' ambitions.

Cypris’ Mission and Objectives

Launched in 2021, Cypris operates on a mission to revolutionize the R&D sector. The platform consolidates an impressive collection of over 500 million live data points that include patents, research papers, market news, and company profiles. Users can access this information through an intuitive Innovation Dashboard powered by proprietary AI technology. This resource helps R&D and innovation teams address critical questions, formulate go-to-market strategies, analyze competition, and uncover licensing opportunities, all while streamlining valuable time and resource management.

About Cypris

Cypris serves as a market intelligence platform tailored for research and development and innovation teams. It presents a consolidated ecosystem for global innovation data, providing custom research services that yield unique insights derived from over 500 million data points. This capability empowers users to answer important questions about their market, competitors, and core technologies, ultimately supporting new product development and commercial strategies while advancing innovation on a global scale.

Frequently Asked Questions

Who is the new CTO of Cypris?

Chris Staymates has been appointed as the new Chief Technology Officer of Cypris.

What experience does Chris Staymates bring?

Chris Staymates has over 20 years of experience in the tech industry and has previously worked as Chief Innovation Officer at Stax, where he significantly grew the company.

What is Cypris known for?

Cypris is an AI-powered research platform that consolidates extensive data points to support R&D and innovation teams in their strategic efforts.

How does Cypris help businesses?

By providing access to a wealth of data, Cypris helps businesses enhance their go-to-market strategies, competitive analysis, and licensing opportunities.

When was Cypris launched?

Cypris was launched in 2021, aiming to transform the R&D sector through innovative solutions.

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