Syte, founded in 2015, is a pioneering force in the intersection of AI, Analytics, and Retail, with a particular emphasis on B2B and Big Data solutions. Operating from its headquarters in the United States, the company has distinguished itself with its unique offering—an AI-powered product recommendation engine specifically designed for the apparel eCommerce sector.
Esteemed brands such as Perry Ellis, Hibbett Sports, and Monoprix rely on Syte's technology to bolster conversion rates and amplify sales. The company's last major financial milestone was a $30.00M Series C investment on 21 October 2020. This round was backed by a robust lineup of investors, including Remagine Ventures, Storm Ventures, Viola Ventures, Magma Venture Partners, KDC Media Fund, Kreos Capital, LG Technology Ventures, MizMaa Ventures, Naver, and La Maison Compagnie d'Investissement.
With its cutting-edge technology and solid industry backing, Syte is well-positioned for future growth and expansion in the competitive landscape of eCommerce solutions.