Syterevenue & funding
E-Commerce Personalization SoftwareTel Aviv, IsraelFounded 2015CEO Ofer Fryman
Syte.ai is a visual AI platform that enables retailers to provide visual search, recommendation, and personalization experiences to their customers.
Syte revenue
Syte has not published its revenue. ZoomInfo puts it at about $31.5M a year (November 2024).
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $12.1M | – |
| Dec 2023 | $19.3MEST. | GetLatka estimate |
| Oct 2024 | $20.7MEST. | GetLatka estimate |
| Nov 2024 | $31.5MEST. | ZoomInfo estimate |
– source not recorded
Syte funding rounds & investors
Syte has raised $61.6M across five rounds since 2015. The latest was a $30M Series C in October 2020.
| Date | Round | Raised |
|---|---|---|
| Oct 2020 | Series C | $30M |
| Sep 2019 | Series B | $21.5M |
| Jul 2017 | Series A | $8M |
| May 2016 | Series A | $1.9M |
| May 2015 | Seed | $200K |
| Total raised | $61.6M |
Syte competitors
Syte competes most directly with Imagga and Nyris.
Imagga
NyrisSyte CEO, founders & employees
Ofer Fryman founded Syte in 2015 and runs it as CEO. Syte has 100 employees (December 2024, LinkedIn), down from 158 a year earlier.
- Ofer FrymanCo-founder & CEO
All 14 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 100 | |
| Oct 2024 | 106 | |
| Dec 2023 | 158 | |
| Sep 2023 | 144 | – |
| 2023 | 158 | – |
| Dec 2022 | 159 | |
| 2022 | 166 | – |
| Dec 2021 | 171 | |
| Aug 2021 | 170 | – |
| Dec 2020 | 129 | – |
| Aug 2020 | 11 | – |
| Jun 2020 | 96 | – |
| Dec 2019 | 75 | – |
| Dec 2018 | 41 | – |
Syte FAQ
How much money does Syte make?
Syte has not published its revenue. ZoomInfo estimates about $31.5M a year (November 2024).
How much funding has Syte raised?
$61.6M across 5 rounds; the latest was a $30M Series C in October 2020.
Who is the CEO of Syte?
Ofer Fryman, a co-founder.
Who founded Syte?
Ofer Fryman, in 2015.
How many employees does Syte have?
About 100 as of December 2024 (LinkedIn).
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How this page is sourced
5 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 30, 2026Data disclaimerReport a correctionClaim this profileRun Syte? Join the podcast