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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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Company Details

Founded

2015

Employees

Between 100 - 200 employees

Raised

$71,600,000

Public

No

Acquired

Yes

CEO

Vered Levy-RonVered Levy-Ron

Founders

Ofer Fryman
Ofer Fryman
Lihi Pinto
Lihi Pinto
Idan Pinto
Idan Pinto
Helge Voss
Helge Voss

Company Collections

These are collections Syte is a part of. Click on the collection name to view similar companies.

Total Amount Raised: $71,600,000

Syte Funding Rounds

  • Series C

    $30,000,000

  • Debt Financing

    $10,000,000

  • Series C

    $30,000,000

    Series C Investors

    Viola Ventures
    MizMaa Ventures
    Kreos Capital
    NAVER
    LG Technology Ventures
    Storm Ventures
    Commerce Ventures
    Axessventures
    Magma Venture Partners
    Remagine Ventures
    La Maison Compagnie d'Investissement
    KDC Media Fund
  • Debt Financing

    $10,000,000

  • Series B

    $21,500,000

  • Series B

    $21,500,000

    Series B Investors

    Viola Ventures
    Commerce Ventures
    Axessventures
    Storm Ventures
    Remagine Ventures
  • Series A

    $8,000,000

  • Series A

    $8,000,000

    Series A Investors

    NHN Investment
    NAVER
    LINE
    Magma Venture Partners
    Remagine Ventures
    KDC Ventures
    North Base Media
  • Series A

    $1,900,000

  • Series A

    $1,900,000

    Series A Investors

    Magma Venture Partners
  • Seed

    $200,000

  • Seed

    $200,000

Funding info provided by Diffbot.

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