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Syte

Syte develops a product discovery platform designed to transform the way people search and shop online. It is a provider of visual AI technology that aims to improve retailers’ site navigation, product discovery, and user experience by powering solutions that engage and convert shoppers. The B2B enterprise's solution includes camera search, augmented site search, personalization engines, and smart in-store tools, empower shoppers to discover and purchase products instantly. Their camera solution enables shoppers to take a picture of a product that inspires them and search for visually similar products within a retailer’s site. Up to date, Syte has raised $71 million from investors including Viola Ventures, LG Tech Ventures, NHN Ventures, Kreos Capital, Naver Corporation, Commerce Ventures, Storm Ventures, Axess Ventures, La Maison, MizMaa Ventures, Magma, Naver Corporation, Line Corporation, Reimage Ventures, North Base Media, and KDC Ventures. In 2014, Helge Voss, Idan Pinto, Lihi Pinto Fryman, and Ofer Fryman established Syte in Tel Aviv, Tel Aviv.

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Founded

2015

Employees

Between 100 - 500 employees

Raised

$71,600,000

Headquarters Location

Tel Aviv,

Public

FALSE

Acquired

FALSE

Founders

ofer fryman

CEO

ofer fryman
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Funding Rounds

$10,000,000

October 2020

$21,500,000

September 2019

$8,000,000

July 2017

$1,900,000

May 2016

$200,000

May 2015

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