Syte Revenue and Competitors

Tel Aviv, Israel

Location

N/A

Total Funding

Estimated Revenue & Valuation

  • Syte's estimated annual revenue is currently $20M per year.(i)
  • Syte's estimated revenue per employee is $145,000

Employee Data

  • Syte has 138 Employees.(i)
  • Syte grew their employee count by -14% last year.

Syte's People

NameTitleEmail/Phone
1
Co-Founder & COOReveal Email/Phone
2
Co-Founder and AdvisorReveal Email/Phone
3
R&D Senior DirectorReveal Email/Phone
4
Enterprise Customer Success, Team LeadReveal Email/Phone
5
Senior SEO ExpertReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$160M7990%$334.2M$2.3B
#2
$8.8M72-9%$34MN/A
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What Is Syte?

Syte provides retailers with visual AI technology, powering features such as visual search, automated textual tags and product recommendations. All of Syte?s solutions use their proprietary deep learning technology to increase product discovery, accuracy of site search and user experience. Retailers such as Marks & Spencer, boohoo, Farfetch, Kohl?s, Myntra, Intu and more are using Syte?s solutions to increase conversion rates and enhance buyers? experience. Syte also partners with Samsung to provide visual search technology within millions of their devices and is the technology that powers Screenshop, Kim Kardashian?s Shazam for fashion app. Since it?s emergence into the market in 2015, Syte has been acknowledged as a leader in the visual search field, selected as: -One of Fast Company?s Most Innovative Companies in Israel 2017 -Gartner Cool Vendor in Retail AI 2018 -Finalist for Tech. Awards powered by Retail Week 2018 including: -Tech. Collaboration of the Year -Tech. Supplier of the Year -Tech. Team of the Year -Winner of Digiday?s Best Retail Technology 2018 -Microsoft Visual Search Co-Sell Partner Syte is headquartered in Tel Aviv, Israel and holds offices in London and Geneva.

keywords:N/A

N/A

Total Funding

138

Number of Employees

$20M

Revenue (est)

-14%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Syte News

2022-04-17 - Ecommerce Product Releases: April 17, 2022

Syte, a retail product discovery platform, announced the launch of Discovery Stories, a mobile-first user interface for product recommendations...

2022-03-22 - Syte Unveils Discovery Stories, Bringing Together Social ...

Next generation of Syte's AI-powered Product Discovery Platform provides upgraded value for shoppers, introducing new on-site social...

2017-12-07 - Syte.ai’s new API makes visual search accessible to more online fashion retailers

Earlier this year, Syte.ai, which develops visual search technology for fashion brands, raised $8 million from investors including top Asian tech firms NHN, Line Corp. and Naver. Now it’s unveiling a new API that makes adding visual search accessible to more e-commerce sites. Called Visual Sear ...

2017-07-19 - Israeli fashion tech startup Syte.ai raises $8 million Series A round

Israeli company Syte.ai, which has developed an AI visual search platform for fashion items, has raised $8 million in Series A financing. The round was led by NHN Ventures, with participation from Naver Corp., Line Corp., Magma VC, Remagine VC, KDC Ventures and NBM Ventures. The site has develo ...

2017-07-19 - Syte.ai secures $8m Series A led by S Korea’s NHN Investment

Premium Syte.ai, a visual search engine for fashion products, has raised $8 million in Series A funding led by NHN Ventures. The round also saw participation from Naver Corp., Line Corp., Magma VC, KDC Ventures, Reimagine VC and NBM Ventures. Continue reading this story with a subscription to ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$21.6M1404%N/A
#2
$24.6M140-8%N/A
#3
$20.2M141-13%N/A
#4
$25M1425%N/A
#5
$23M14473%N/A