Syte
Syte is the only AI-powered product recommendation engine built from the ground up for apparel eCommerce.
Syte is the only AI-powered product recommendation engine built from the ground up for apparel eCommerce.
Syte is a product discovery platform utilizing visual AI to drive growth for numerous fashion, jewelry, and home decor brands. Founded in 2015 and headquartered in Israel, Syte empowers shoppers to instantly find items they adore through inspiring visual search journeys, aiming to drive conversion and long-term value. The platform has gained trust from prominent brands and retailers including Farfetch, PrettyLittleThing, Coleman Furniture, McGee & Co., SHEIN, and Signet UK. With €5.00M in seed investment secured on 27 September 2024, Syte attracted backing from notable investors such as Schwarz Group, Vantage Value, CVC vent.io, High-Tech Gründerfonds (HTGF), Moritz Luck, and Fabian Axthelm. This investment is expected to further propel Syte's innovative automated product tagging, shoppable social curation, personalized recommendations, and visual discovery solutions, ultimately enhancing customer loyalty and driving growth for its partner brands.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed | €5.00M | 6 | Schwarz Group, Vantage Value +4 | 27 Sep 2024 |
| Series C | $30.00M | 10 |
|
21 Oct 2020 |
| Debt Financing | $10.00M | - | 21 Oct 2020 | |
| Series B | $21.50M | 5 |
|
09 Sep 2019 |
| Series A | $8.00M | 7 |
|
18 Jul 2017 |
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