5 SaaS Startups in Tel Aviv-yafo

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Tel Aviv-yafo. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 5 VC funded SaaS startups in Tel Aviv-yafo .

DeviceTotal

An automated platform for identifying vulnerabilities in any IoT software has been created by ArcusTeam, which is currently known as DeviceTotal. In order to enable the IoT sector to confidently innovate in the software they generate as well as in the third-party supply chain components incorporated into their environments, ArcusTeam seeks to enhance the security of IoT software throughout development and after production.

Company details:
Founders:
Dr. Carmit Yadin
Founded:
2018
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
DeviceTotal
Industries:
Android, Big Data, Cyber Security, Internet of Things, iOS, Linux, SaaS, Software
Latest funding:
$6,000,000
Seed
13 August 2021
Total funding:
$6,000,000
Investors
TAU Ventures, Aviram Jenik

Niio

The largest digital art distribution network in the world is called Niio: (Mall Powered by SAAS) A purpose-built network or platform that connects everyone involved in preserving, promoting, and profiting from digital art The largest community of eminent worldwide artists, curators, and galleries - The largest inventory of premium video and media art available on demand - A high-end, lifestyle and art company that pioneered the genre a comprehensive technological framework supporting the entire lifecycle of a digitally created work, from storage and self-publishing to rights-managed distribution and, finally, the playback of multi-format art on any type of display, is supported by a blockchain-enabled commerce engine and a stack of specialized software tools. In our opinion, the loud digital world of today is giving way to a new visual culture that may inspire and unite people. We built Niio to become the go-to platform for this media and the benchmark for interacting with people worldwide.

Company details:
Founders:
Oren Moshe, Rob Anders
Founded:
2014
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
Niio
Industries:
Art, Content Delivery Network, Digital Entertainment, Digital Media, Digital Signage, Marketplace, Publishing, SaaS, Video, Virtual Reality
Latest funding:
$15,000,000
Series A
21 September 2021
Total funding:
$20,500,000
Investors
L Catterton, Entrée Capital, Ron Zuckerman, Taya Ventures, PICO Venture Partners

Sedric.ai

Sedric is a platform enabling next-generation financial firms to thrive in compliance. Sedric makes sure that customers are protected, reduces risks, and hastens company growth using AI-based real-time monitoring, detection, and analysis of all customer interactions. Sedric enables compliance teams to concentrate on the events with the highest monetary value across all channels, including voice, chat, email, social media, and more, while empowering them to swiftly implement new rules and regulations throughout their expanding organizations.

Company details:
Founders:
Eyal Peleg, Nir Laznik
Founded:
2020
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
Sedric.ai
Industries:
FinTech, Information Services, Information Technology, SaaS
Latest funding:
$3,500,000
Seed
17 November 2021
Total funding:
$3,500,000
Investors
StageOne Ventures, Legziel Family, Homeward Ventures, Micha Y. Breakstone, Alon Shemesh

STOREE

These days, more than ever before, a competent retail manager must be able to wear numerous hats without sacrificing any aspect of their job. However, there is simply too much to handle manually given the amount of data, storage, tasks, and people. We created an algorithm that, particularly when it comes to sales, emulates the job of shop managers. On a retail level, it pinpoints item problem areas, notifies the store manager, and directs him to address them. Our implementation results in an Automated Data-Driven Task Management Tool that leads all managers to excellence and boosts sales since it is specifically created for the retail sector.

Company details:
Founders:
Asaf Shapira, Chen Cohen, Idan Sergi, Roy Dror
Founded:
2019
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
STOREE
Industries:
Retail, Retail Technology, SaaS, Software
Latest funding:
$8,000,000
Seed
4 August 2021
Total funding:
$13,000,000
Investors
Signet Jewelers, XRC Labs

Vanti AI

Using Vanti's SaaS solution, manufacturers are able to predict and explain quality issues, detect defects and optimize their processes, all in real-time. This is achieved through a self-service platform that harnesses data directly from the shop floor to train, deploy and maintain ML-based models in production. The platform doesn't require any data science or coding knowledge and models can be trained and validated within just a day, unlocking the AI scaling challenge for its customers.

Company details:
Founders:
Nir Osiroff, Smadar David
Founded:
2019
Based in:
Tel Aviv-yafo, Tel Aviv, Israel
Website:
Vanti AI
Industries:
Analytics, Artificial Intelligence, Big Data, Intelligent Systems, Machine Learning, Manufacturing, Productivity Tools, SaaS, Software
Latest funding:
$16,000,000
Series A
27 January 2022
Total funding:
$22,000,000
Investors
Insight Partners, True Ventures, Ariel Maislos, MoreVC, i3 equity Partners

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