About Wize
Wize is a company based in Burlingame (United States) founded in 2006 was acquired by Nextag in July 2010. Wize has raised $4.99 million across 2 funding rounds from investors including Bessemer Venture Partners, Nextag and Mayfield. The company has 54 employees as of April 09, 2024. Wize operates in a competitive market with competitors including Curated, ThisNext, Consumr, Curio Road and Shoptouch, among others.
- Headquarter Burlingame, United States
- Employees 54 as on 09 Apr, 2024
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Sectors
Retail
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Phone
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Website
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Social
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- Legal Name Wize Commerce India Private Limited
- Date of Incorporation 17 Sep, 2003
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
$2.33 M (USD)10.31as on Mar 31, 2023
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Net Profit
$302.57 K (USD)-3.34as on Mar 31, 2023
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EBITDA
$383.83 K (USD)-1.57as on Mar 31, 2023
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Total Equity Funding
$4.99 M (USD)
in 2 rounds
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Latest Funding Round
$988 K (USD), Series A
Jun 01, 2008
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Investors
Bessemer Venture Partners
& 2 more
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Employee Count
54
as on Apr 09, 2024
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Acquired by
Nextag
(Jul 07, 2010)
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Funding Insights of Wize
Wize has successfully raised a total of $4.99M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $988 thousand completed in June 2008. 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 Wize
Wize has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Nextag and Mayfield.
| Investor | Description | Founded Year | Domain | Location |
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Mayfield is focused on AI innovation and venture capital investments.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Price comparison service website where buyers and sellers can negotiate prices
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Investor details for Wize
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Investments & Acquisitions by Wize
Investment portfolio details for Wize
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Financial Statements - Wize
Detailed financials for Wize
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Wize Comparisons
Peer comparison for Wize
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Competitors of Wize
Wize 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 Curated, ThisNext, Consumr, Curio Road and Shoptouch, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online store with personalized recommendations for sports & travel products
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Provides a personalized recommendation platform for e-commerce portals.
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Product Discovery and Review Mobile App
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An online platform for discovering vintage and handmade products from designers.
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It serves as a recommendation platform.
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Detailed competitors of Wize
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Latest news on Wize
Complete news archive for Wize
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Frequently Asked Questions about Wize
Wize was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Wize is headquartered in Burlingame, United States. It is registered at Burlingame, California, United States.
Wize is a funded company, having raised a total of $4.99M across 2 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Wize is 54.
Annual revenue of Wize is $2.33M as on Mar 31, 2023.
Wize was founded in 2006 in Burlingame, United States, as a recommendation platform in the e-commerce sector. Products are curated across categories including computers, clothing, accessories, electronics, and home and garden. Recommendations are derived from product reviews and statistics on shopper and seller behavior, with scores assigned on a 0-to-100 scale. Users are redirected to merchants websites for transaction completion.
Wize has 3 investors. Key investors include Bessemer Venture Partners, Nextag, and Mayfield.