2024 Revenue
$31.5M
Funding
$61.6M
YOY
63.1%
Team
100
Founded
2015
How Syte CEO Ofer Fryman grew Syte to $31.5M revenue with a 100 person team in 2024.
Syte.ai is a visual AI platform that enables retailers to provide visual search, recommendation, and personalization experiences to their customers. Their technology allows customers to search for products using images, find similar items, and receive personalized recommendations based on their visual preferences.
Last updated
Syte Revenue
In 2024, Syte's revenue reached $31.5M. The company previously reported $20.7M in 2024. Since its launch in 2015, Syte has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Syte Hit $31.5m revenue in November 2024Source |
| 2024 | Syte Hit $20.7m revenue in October 2024 |
| 2023 | Syte Hit $19.3m revenue in December 2023 |
| 2020 | Syte Hit $12.1m revenue in August 2020 |
| 2015 | Launched with $0 revenue |
Syte Valuation, Funding Rounds
Syte has not publicly disclosed its valuation. The company has raised $61.6M in total funding to date.
Syte has raised $61.6M in total funding across 5 rounds, most recently a $30M Series C round in 2020.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2020 | Series C | $30M | - | - |
| 2019 | Series B | $21.5M | - | - |
| 2017 | Series A | $8M | - | - |
| 2016 | Series A | $1.9M | - | - |
| 2015 | Seed Round | $200K | - | - |
Syte Employees & Team Size
Syte employs approximately 100 people as of 2026, down from 158 in 2023.
Syte has 100 total employees in different roles and functions and 14 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 100 employees (December 2024) |
| 2024 | Reached 106 employees (October 2024) |
| 2023 | Reached 158 employees (December 2023) |
| 2023 | Reached 144 employees (September 2023) |
| 2023 | Reached 158 employees (January 2023) |
| 2022 | Reached 159 employees (December 2022) |
| 2022 | Reached 166 employees (January 2022) |
| 2021 | Reached 171 employees (December 2021) |
| 2021 | Reached 170 employees (August 2021) |
| 2020 | Reached 129 employees (December 2020) |
| 2020 | Reached 11 employees (August 2020) |
| 2020 | Reached 96 employees (June 2020) |
| 2019 | Reached 75 employees (December 2019) |
| 2018 | Reached 41 employees (December 2018) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Syte yet.
Frequently Asked Questions about Syte
What is Syte's revenue?
Syte generates $31.5M in revenue.
Who founded Syte?
Syte was founded by Ofer Fryman.
Who is the CEO of Syte?
The CEO of Syte is Ofer Fryman.
How much funding does Syte have?
Syte raised $61.6M.
How many employees does Syte have?
Syte has 100 employees.
Where is Syte headquarters?
Syte is headquartered in Tel Aviv, Israel.
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Compare Syte to the industry
Syte operates across multiple industries. Browse revenue, funding, and growth data for Syte in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
