NeoWize

Tel Aviv, Israel Founded: 2016 • Age: 10 yrs Acquired By IL Makiage
AI-based personalization is delivered to eCommerce via machine learning.
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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
  • Sectors
    Technology
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $740 K (USD)

    in 2 rounds

  • Latest Funding Round
    $620 K (USD), Angel Round

    Aug 08, 2016

  • Investors
    IL Makiage

    & 2 more

  • Employee Count
    Employee Count
  • 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.

Primary

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 Rounds 2
  • Last Round Angel Round — $620,000
  • First Round

    (01 Aug 2016)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2016 Amount Angel Round - NeoWize Valuation

investors

Aug, 2016 Amount Seed - NeoWize Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are made in early-stage technology companies globally.
Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
Founded Year Domain Location
Makeup products are recommended online based on personal quizzes.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NeoWize

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NeoWize

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Neowize Comparisons

Employees
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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.
domain founded_year HQ Location
API-based enterprise commerce and content management platform is delivered.
domain founded_year HQ Location
Cloud-based marketing platform for e-tailers
domain founded_year HQ Location
Price intelligence and optimization software is provided for e-commerce retailers.
domain founded_year HQ Location
Marketing solutions for e-commerce businesses are provided by Bango.
domain founded_year HQ Location
Enterprise cloud commerce solutions are provided for retailers and manufacturers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Neowize

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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