Last updated 2026-06-18
- Raised $30M funding round led by Viola Ventures, Oct 2020
- Raised $10M funding round, Oct 2020
- Raised $21.5M funding round led by Viola Ventures, Sep 2019
Total raised
$61.4M
Last: 2020-10
Stage
Mature
Founded
2015
Headcount
106
HQ
Tel Aviv-Yafo, Israel
Sector
Retail Platforms
About
Syte is a visual AI technology provider that supplies retailers with information about the motivations of individual shoppers in order to help them deliver the right products at the right time. Using highly accurate artificial intelligence, Syte enables retailers to improve their site navigation, product discovery, and user experience by powering solutions designed to engage and convert shoppers. Syte developed the camera feature for brands such as Farfetch, Marks & Spencer, boohoo, and Tommy Hilfiger, leveraging partnerships with technology companies including Microsoft and SAP. In 2019, Syte was referenced in two Gartner Hype Cycles.
Funding history · 6 rounds · $61.4M total
2020-10
$10.0M
2020-10
2019-09
2017-07
2016-05
$1.9M
2015-05
$200K
Q&A
- What is the current status of Syte?
- Syte is currently inactive and ceased to operate in May 2025.
- What is Syte's primary business?
- Syte provides a visual AI platform for retail, offering technology that helps retailers understand shopper motivations to improve product discovery and user experience.
- What is the total amount of funding Syte has raised?
- Syte has raised a total of $61,400,000 USD.
- Which investors participated in Syte's $21.5 million funding round in September 2019?
- The $21.5 million funding round in September 2019 was led by Viola Ventures, with participation from NHN Ventures and others.
- Which investors participated in Syte's $30 million funding round in October 2020?
- The $30 million funding round in October 2020 was led by Viola Ventures, with participation from Remagine Ventures and others.
- What technologies does Syte utilize?
- Syte utilizes Artificial Intelligence, Deep Learning, Natural Language Processing, Machine Learning, Image Recognition, Simulation & Imaging, and Sensing.
Team · 4
Sectors & technology
Primary sector
Retail Platforms
Sub-sectors
Retail PlatformsServicesBusiness SoftwareSales & Marketing Solutions
Technologies
Artificial IntelligenceDeep LearningNatural Language ProcessingMachine LearningImage RecognitionSimulation & ImagingSensing
Target customers
Commerce & RetailConsumer GoodsConsumersRecreational & Lifestyle
Business model
B2B2CB2B
Highlights
Verified
Tags
ecommercemachine-learningsoftware-applicationsimage-recognitionshopping-experienceonline-shoppingvisual-searchartificial-intelligenceretailconsumersonline-retailerspublisherssaasmarketplacemobile-devicesmobile-carriersmobile-applicationschatbotfashionweb-platformretailersdeep-learning
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/9490547 | |
| facebook.com/SyteVisualAI | |
| YouTube | youtube.com/channel/UC14_kcbqdtM2GB2-jeJYFTg |
| instagram.com/syte_ai |
Identifiers & details
| Former names | Syte.ai |
|---|---|
| Founded | 2015-5 |
| Employees (exact) | 106 |
| Offices | Vernier |
| Status reason | Non Active, May 2025 ceased to operate |