Syte Visual Conception Ltd.

www.syte.ai

High-Tech Company

Suspended Operations Q2/2025

TECH VERTICALS

Media, RetailTech Artificial Intelligence, Big Data, Deep Learning, e-Commerce, Fashion Tech, Generative AI, Image Recognition, Machine Learning, Machine Vision, NLP, SaaS, Virtual Reality

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	2015
Number of Employees	57
Reg. Number:	abCDe

DESCRIPTION

Syte is a provider of visual AI technology that aims to improve retailers' site navigation, product discovery and user experience by powering solutions that engage and convert shoppers. The B2B enterprise's solution includes image search, augmented site search, personalization engines and smart in-store tools, empowering shoppers to discover and purchase products instantly. The company's Deep Tags automatically describe a product in words and this structured data is used to power internal tools - from enhancing text search to tag analytics.

TECHNOLOGY

Syte’s visual AI technology platform provides retailers powerful tools to increase conversion, average order value, retention and offer Smart Merchandising based on visual AI.

	TARGET MARKETS
	Retailers, Enterprises, Shoppers, Publishers.

	BUSINESS MODEL
	B2B

COMPETITORS

ViSenze

REMARKS

Date	Remark
27/05/2025	Following a debt crisis and inability to raise further investment, the company filed for insolvency in court, and now operates in a limited format under a temporary trustee, with the aim of selling the company's activities and assets.

CONTACT INFO

Expand / Collapse All

Main Address: Tel Aviv, Israel

Address	20 HaHarash St.
City	Tel Aviv
Country	Israel
Zip	6761310

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Geneva, Switzerland

Address	2 Route de Peney
City	Geneva
Country	Switzerland
Zip	1214

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Ziv Ben-Barouch	CEO	Viola Credit (Senior Principal)
Dr. Helge Voss	Chief AI Officer & Co-Founder
Mr. Idan Pinto	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	CEO, Syte Visual Conception Ltd.
abC Defghij	Board Member	General Partner, Magma Ventures

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Fourth Round

May. 20, 2024

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Holds the majority stake in the company.; Led the round
abC Defghij	Venture Capital Fund	abCDe

Third Round

Oct. 21, 2020

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Via Israeli Technology Fund 2 (ITF 2)
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Venture Lending Fund	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	Private Investor	abCDe

Venture Lending

Oct. 21, 2020

Revenue Growth

abCDe

Second Round

Sep. 09, 2019

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Corporate VC	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	Private Investor	abCDe

First Round

Jul. 18, 2017

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe	Led the round
abC Defghij	Investment Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	Private Investor	abCDe

Seed

May. 01, 2016

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Private Investor	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

May. 01, 2024

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Feb. 15, 2024

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Fund	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Sep. 02, 2019

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	General Accelerator	abCDe	Participated in the Lafayette Plug and Play program

Non-Equity Assistance

Oct. 18, 2017

Initial Revenues

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

	Acquisitions made by Syte

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	N/A	Sep. 22, 2021	abCDe

Last Updated:	abCDe
IVC Number:	abCDe