Level 1 Sponsor
Syte is visual AI for retail. Syte's solutions improve retailers' site navigation, product discovery and user experience by powering solutions that engage and convert shoppers. With Syte, retailers can leverage shoppers’ inspiration and existing product interest to ensure they present the right products at the moment of inspiration.
Partnerships with technology innovators such as Microsoft, SAP, Naver and Oracle have establish Syte as a leader in the market. Powering the visual search within Samsung and other leading phone manufacturers allows Syte to increase the reach of their retail clients. Brands currently using Syte's technology include Farfetch, Marks & Spencer, boohoo and more.
Syte has experienced rapid growth since it's founding in 2014 and product launch in late 2017. They are represented by their headquarters in Tel Aviv as well as offices in London and Geneva. The company has raised $10 million to date from investors including NHN Ventures, Magma, Naver Corporation, Line Corporation, Reimage Ventures, North Base Media and KDC Ventures.