# Syte

**Source:** https://www.startuphub.ai/startups/syte
**Profile type:** Startup

> Visual discovery platform for e-commerce, enabling shoppers to find products using images.

## About

Syte offers the #1 Product Discovery Platform for apparel e-commerce, leveraging AI-powered visual discovery, tagging, and hyper-personalization. Their solutions help fashion, home decor, and jewelry retailers boost operational efficiency and customer experience by connecting shoppers with products they'll love. Syte's platform is designed to increase conversion rates, average order value, and revenue per user.

## Key facts

- **Slug:** syte
- **Website:** http://www.syte.ai
- **Location:** Tel Aviv, Israel
- **Founded:** 2015-05-01 00:00:00
- **Employees:** 63
- **Operating status:** Active
- **Total funding:** $72M
- **Sectors / tags:** E-commerce, Retail, Visual Search Engine, Content Discovery, Camera, Mobile, RetailTech, Computer Vision, Visual Search, Fashion Tech, Home Decor, Jewelry, Marketplace, Platform
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/syte-ai/
  - Twitter: https://twitter.com/SyteAI
  - Facebook: https://www.facebook.com/SyteVisualAI

## Frequently asked

### What does Syte do?

Syte offers the #1 Product Discovery Platform for apparel e-commerce, leveraging AI-powered visual discovery, tagging, and hyper-personalization. Their solutions help fashion, home decor, and jewelry retailers boost operational efficiency and customer experience by connecting shoppers with products they'll love. Syte's platform is designed to increase conversion rates, average order value, and revenue per user.

### What is Syte's revenue?

StartupHub estimates Syte's annual revenue at $15.2M (range $8.0M to $37.9M, 65% confidence), based on comparable companies in the sector.

### What is Syte's valuation?

StartupHub estimates Syte's effective valuation at $305.0M (range $179.0M to $429.6M, 10% confidence), based on comparable companies in the sector.

### How much funding has Syte raised?

Syte has raised a total of $72M in funding. The most recent round on record is Debt.

### Where is Syte headquartered?

Syte is headquartered in Tel Aviv, Israel.

### When was Syte founded?

Syte was founded in 2015.

### What industry does Syte operate in?

Syte operates in E-commerce, Retail, Visual Search Engine, Content Discovery, Camera, Mobile.

### How many employees does Syte have?

Syte has approximately 63 people on record.

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