About NeoWize
NeoWize is a company based in Tel Aviv (Israel) founded in 2016 was acquired by IL Makiage in November 2019.. NeoWize has raised $740 thousand across 2 funding rounds from investors including IL Makiage, Viola Group and Y Combinator. NeoWize offers products and services including Personalization Service, Business Intelligence, and Insights and Analytics. NeoWize operates in a competitive market with competitors including Klaviyo, Elastic Path Software, Yotpo, Wiser and Bango, among others.
- Headquarter Tel Aviv, Israel
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Sectors
TechnologyRetail
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$740 K (USD)
in 2 rounds
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Latest Funding Round
$620 K (USD), Angel Round
Aug 08, 2016
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Investors
IL Makiage
& 2 more
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Employee Count
Employee Count
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Acquired by
IL Makiage
(Nov 22, 2019)
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Products & Services of NeoWize
NeoWize offers a comprehensive portfolio of products and services, including Personalization Service, Business Intelligence, and Insights and Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides AI for real-time e-commerce site personalization.
Delivers insights and analytics for e-commerce operations.
Offers tools for business data analysis in e-commerce.
Funding Insights of NeoWize
NeoWize has successfully raised a total of $740K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $620 thousand completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Angel Round — $620,000
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First Round
First Round
(01 Aug 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Angel Round - NeoWize | Valuation |
investors |
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| Aug, 2016 | Amount | Seed - NeoWize | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NeoWize
NeoWize has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include IL Makiage, Viola Group and Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage technology companies globally.
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Makeup products are recommended online based on personal quizzes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NeoWize
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NeoWize
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Neowize Comparisons
Competitors of NeoWize
NeoWize operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Klaviyo, Elastic Path Software, Yotpo, Wiser and Bango, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS email marketing solutions are offered to e-commerce businesses.
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| domain | founded_year | HQ Location |
API-based enterprise commerce and content management platform is delivered.
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| domain | founded_year | HQ Location |
Cloud-based marketing platform for e-tailers
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| domain | founded_year | HQ Location |
Price intelligence and optimization software is provided for e-commerce retailers.
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| domain | founded_year | HQ Location |
Marketing solutions for e-commerce businesses are provided by Bango.
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| domain | founded_year | HQ Location |
Enterprise cloud commerce solutions are provided for retailers and manufacturers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NeoWize
When was NeoWize founded?
NeoWize was founded in 2016.
Where is NeoWize located?
NeoWize is headquartered in Tel Aviv, Israel.
Is NeoWize a funded company?
NeoWize is a funded company, having raised a total of $740K across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 01, 2016.
What does NeoWize do?
NeoWize was founded in 2016 in Tel Aviv, Israel, within the eCommerce sector. Personalization solutions are provided using machine learning to track user site behavior. Big data and small datasets are analyzed to build customer profiles, including price preferences and styles. Real-time site modifications are applied, tailoring categories, products, prices, and discounts to user interests and business aims. Over 260 stores were affiliated as of August 2016.
Who are the top competitors of NeoWize?
NeoWize's top competitors include Klaviyo, CommerceIQ and Yotpo.
What products or services does NeoWize offer?
NeoWize offers Personalization Service, Business Intelligence, and Insights and Analytics.
Who are NeoWize's investors?
NeoWize has 3 investors. Key investors include IL Makiage, Viola Group, and Y Combinator.
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