Spott

Tel Aviv, Israel Founded: 2020 • Age: 6 yrs Acquired By Payoneer
Online PC insurance comparison for e-commerce businesses is facilitated.
Annual revenue - Latest available
Total funding $8.3M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Spott

Spott is a company based in Tel Aviv (Israel) founded in 2020 by Amit Batzir was acquired by Payoneer in August 2023. It operates as a Brokerage / Intermediation. Spott has raised $8.3 million across 1 funding round from investors including Payoneer, Viola Group and Team8. Spott offers products and services including eCommerce Insurance, eCommerce COI Verification, and Inventory Boost.

  • Headquarter Tel Aviv, Israel
  • Founders Amit Batzir
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $8.3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $8.3 M (USD), Seed

    Jan 13, 2022

  • Investors
    Payoneer

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Payoneer

    (Aug 03, 2023)

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Products & Services of Spott

Spott offers a comprehensive portfolio of products and services, including eCommerce Insurance, eCommerce COI Verification, and Inventory Boost.

Product name locked
Category locked
Primary

Insurance solutions are provided for eCommerce business needs.

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Verification of insurance certificates is offered for eCommerce.

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Inventory financing solutions are provided for sales growth.

Funding Insights of Spott

Spott has successfully raised a total of $8.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $8.3 million completed in January 2022. 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.

Investors in Spott

Spott has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Payoneer, Viola Group and Team8.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are made in early-stage technology companies globally.
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Cross-border payments are enabled for businesses via diverse payout methods.
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Investor details for Spott

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Spott

Investments
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Investment portfolio details for Spott

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  • Transaction dates
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Financial Statements - Spott

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Detailed financials for Spott

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  • Profit trends
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  • Financial ratios

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Spott Comparisons

Spott Primary company
Description
Online P&C insurance comparison for e-commerce businesses is...
Location
Tel Aviv, Israel
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spott

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Competitors of Spott

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Detailed competitors of Spott

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Spott

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Complete news archive for Spott

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Spott

Spott was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Spott is headquartered in Tel Aviv, Israel.

Spott is a funded company, having raised a total of $8.3M across 1 funding round to date.

Financial solutions tailored for eCommerce platforms are offered by Spott. Focus is placed on insurance policies and tools like COI verification for online sellers. Integration with leading insurance providers is maintained to ensure affordable and swift coverage. Support for Amazon sellers is emphasized, addressing specific policy requirements. Inventory boost solutions are also provided to enhance sales profitability. The eCommerce sector is primarily served with personalized and efficient services.

Spott offers eCommerce Insurance, eCommerce COI Verification, and Inventory Boost.

Spott has 3 investors. Key investors include Payoneer, Viola Group, and Team8.

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