Last updated 2026-08-22
- Raised grant, Jan 2026
Total raised
—
Stage
—
Founded
2021
Headcount
—
HQ
Yerucham, Israel
Sector
Enterprise Software & Infrastructure
Website ↗Registrar ID: 517067682 (SumitX)
About
Sumit-AI is transforming how professionals, organizations and public institutions handle meetings, using AI-powered transcription and smart meeting summaries - whether it's a Zoom call, a legal consultation or a boardroom discussion, the company automates the documentation, surfaces key takeaways and saves time of manual work.
Funding history · 1 round · — total
1 event/round · — Total Funding
Jan 2026
Offices
Yerucham, Israel · HQ / main office
Q&A
- What is SumitX's primary business?
- SumitX develops an augmented speech-to-text platform designed to enhance services such as transcripts, captions, and meeting summaries, leveraging AI-powered transcription and smart meeting summaries for professionals, organizations, and public institutions.
- Who are the co-founders of SumitX?
- The co-founders of SumitX are Asher Knino (CEO & Co-Founder), Shlomi Peretz (Co-Founder & CTO), and Bar Levy (Co-founder & CPO).
- What is SumitX's primary sector?
- SumitX's primary sector is Enterprise Software & Infrastructure.
- Which technologies does SumitX utilize?
- SumitX utilizes AI-based solutions for transcription, subtitle creation, translation, and meeting summaries.
- Who are SumitX's target customers?
- SumitX targets professionals, organizations, public institutions, government and city entities, municipalities, enterprise and professional services, and legal services.
- Has SumitX received any funding?
- Yes, SumitX received a Grant in January 2026.
- Has SumitX been acquired?
- Yes, SumitX was acquired in February 2026 by Ness A.T. Ltd., a subsidiary of Hilan Ltd.
Sectors & technology
Primary sector
Enterprise Software & Infrastructure
Technologies
Target customers
Business model
B2B
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | sumit-x.com |
|---|
Identifiers & details
| Founded | 2021 |
|---|
Acquisitions & public offerings
Acquired by 2026-02
Radar intelligence
Web history (Wayback)
| Domain | sumit-x.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 517067682 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2024-11-19 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Active charges / liens | 0 |
| Registry events | 4 — shares_capital (2), people (2) |
| Registered address | נחל חתירה 7 ירוחם |
Recent registry events
| Date | Event |
|---|---|
| 2026-02-23 | הקצאת מניות |
| 2026-03-01 | עדכון דירקטורים-הוספת דירקטור |
| 2026-03-01 | העברת מניות |
| 2026-03-01 | עדכון בעלי תפקידים |