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).
All 4 revenue readings, with sources
| 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 had 100 employees (December 2024, LinkedIn), down from 158 a year earlier.
- Ofer FrymanFounder & 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
What is Syte's revenue?
ZoomInfo estimates Syte's revenue at about $31.5M a year (November 2024). The company hasn't published its own figure.
How much funding has Syte raised?
Syte has raised $61.6M across five funding rounds. The latest was a $30M Series C in October 2020.
How many employees does Syte have?
Syte had 100 employees in December 2024, according to LinkedIn.
Who is the CEO of Syte?
Ofer Fryman is the CEO of Syte and founded the company in 2015.
Who founded Syte?
Ofer Fryman founded Syte in 2015.
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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