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Syte Funding & Investors

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.

syte.ai

Total Amount Raised: $71,600,000

Syte Funding Rounds

  • 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 Investors

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

    $8,000,000

    Series A Investors

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

    $1,900,000

    Series A Investors

    Magma Venture Partners
  • Seed

    $200,000

Funding info provided by Diffbot.