No Result
View All Result
  • Login
Monday, July 13, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

AI ecommerce co ZyG raises $60m at $500m valuation

by theadvisertimes.com
2 months ago
in Business
Reading Time: 2 mins read
A A
0
AI ecommerce co ZyG raises m at 0m valuation
Share on FacebookShare on TwitterShare on LInkedIn



Israeli AI ecommerce company ZyG, the new startup of ironSource founders Tomer Bar-Zeev and Omer Kaplan, has announced the completion of a $60 million financing round at a company valuation of $500 million. The round was led by Accel, with participation from Felix Capital and additional new and existing investors, including Bessemer Venture Partners and Lightspeed Venture Partners as well as Eyal Ofer’s O.G. Venture Partners, and QP Ventures.

The company only emerged from stealth two months ago when it announced the completion of a $58 million financing round from investors including Bessemer Venture Partners, Viola Ventures, and Lightspeed Venture Partners, with participation from Disruptive AI, Emerge, Len Blavatnik’s Access Industries (Claltech), Stardom Ventures, and Jibe Ventures. To date the company has now raised $118 million.

Identifying commercial potential

The founding team, which also includes Assaf Ben Ami, Nadav Ashkenazy, Claltech’s Daniel Shinar, IDF 81 intelligence unit veteran Dr. Eyal Amit, Omri Steinmetz, and Guy Tsur, have worked over the past year on launching an online platform for selling brands, with an emphasis on consumer products like cosmetics and grooming, pet food, and health products. ZyGs platform identifies companies that market consumer products online that have commercial potential and, according to it, provides them with “AI agent capabilities that allow them to stand out, grow, and succeed in a competitive environment.”

This is not a single platform or website on which all of the products identified by ZyG are sold. ZyG itself establishes contact with the brands and serves as their trading platform on a dedicated website branded for that company, managed using ZyG’s technology. “Globes” previously revealed that the company operates a an ecommerce platform for the pet food brand Mills and the cosmetics brand OKOA.

ZyG CEO Omer Kaplan said, “Shopify and Amazon opened the door for anyone who wants to start selling online. But shifting from selling to scaling remains overwhelmingly complex. It forces founders to manage fragmented tools, siloed data, and the many teams or agencies needed to execute every aspect of scale. ZyG OS flips that model with an end-to-end solution that solves the entire problem, not pieces of it. With a complex agentic infrastructure, ZyG OS executes the endless elements needed to scale, freeing founders to focus on building great products.”

Published by Globes, Israel business news – en.globes.co.il – on May 5, 2026.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2026.




Source link

Tags: 500m60mECommerceRaisesvaluationZyG
ShareTweetShare
Previous Post

Crypto exchange Coinbase plans to cut 700 jobs, citing ‘market conditions’ amid restructuring for ‘AI era’

Next Post

Global Compliance Carbon Markets: Auction Mechanisms

Related Posts

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

by theadvisertimes.com
July 13, 2026
0

In a 2023 essay published in Science, one of us argued that nothing in the law of several states clearly...

Germany approves healthcare costs overhaul despite significant pharma opposition

Germany approves healthcare costs overhaul despite significant pharma opposition

by theadvisertimes.com
July 13, 2026
0

Lawmakers in Germany have passed a bill that will cut health insurance costs in a shakeup that has generated strong...

Regev pushes to appoint crony as Israel Railways chair

Regev pushes to appoint crony as Israel Railways chair

by theadvisertimes.com
July 13, 2026
0

Several days before the dissolution of the Knesset, Minister of Transport Miri Regev is pushing for the appointment of...

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

by theadvisertimes.com
July 13, 2026
0

SK Hynix's US-listed shares fell nearly 8% in early trade on Monday, giving up part of Friday’s strong debut gains...

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

U.S. and Iran both say they control the Strait of Hormuz amid attacks threatening all-out war

by theadvisertimes.com
July 13, 2026
0

The United States and Iran each asserted Monday they controlled the Strait of Hormuz after a weekend of attacks stretching across the wider Middle...

ICAN urges accounting technicians to build digital skills

ICAN urges accounting technicians to build digital skills

by theadvisertimes.com
July 13, 2026
0

The Institute of Chartered Accountants of Nigeria (ICAN) has called on newly admitted accounting technicians to strengthen their digital skills...

Next Post
Global Compliance Carbon Markets: Auction Mechanisms

Global Compliance Carbon Markets: Auction Mechanisms

Scaling AI Requires Rethinking Governance

Scaling AI Requires Rethinking Governance

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
How I Maximize My Sapphire Reserve Dining Credit

How I Maximize My Sapphire Reserve Dining Credit

July 10, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
5 things financial therapists want every advisor to know

5 things financial therapists want every advisor to know

June 26, 2026
The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

The 10 Largest NYC Tech Startup Funding Rounds of June 2026 – AlleyWatch

July 6, 2026
Prime Day, June 2026: How Retailers Competed With Amazon

Prime Day, June 2026: How Retailers Competed With Amazon

June 29, 2026
Will the Trump Admin Buy Into OpenAI & Save Softbank?

Will the Trump Admin Buy Into OpenAI & Save Softbank?

0
Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

0
Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

0
The Weekly Notable Startup Funding Report: 7/13/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/13/26 – AlleyWatch

0
The Agentic Age Needs A Cognitive Operating Model

The Agentic Age Needs A Cognitive Operating Model

0
Mortgage Rates Today, Monday, July 13: A Little Higher

Mortgage Rates Today, Monday, July 13: A Little Higher

0
Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible

July 13, 2026
Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents

July 13, 2026
Will the Trump Admin Buy Into OpenAI & Save Softbank?

Will the Trump Admin Buy Into OpenAI & Save Softbank?

July 13, 2026
Germany approves healthcare costs overhaul despite significant pharma opposition

Germany approves healthcare costs overhaul despite significant pharma opposition

July 13, 2026
Regev pushes to appoint crony as Israel Railways chair

Regev pushes to appoint crony as Israel Railways chair

July 13, 2026
SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

SK Hynix US-listed shares slip nearly 8% as Nasdaq debut euphoria cools

July 13, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Waller says Fed shouldn’t ‘fight the last war’ on inflation but warns hikes still possible
  • Exclusive: Delaware Secretary of State partners with Norm Ai to propose the AIC, a legal entity for agents
  • Will the Trump Admin Buy Into OpenAI & Save Softbank?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.