Company Overview
Snapshot
Founded in February 2016 by Ori Greenberg and Dani Avitz, Algopix operates with 11–50 employees. The company has secured funding across two rounds, with Launch It Capital participating in its October 2017 Seed round.
Business overview
Algopix provides a comprehensive cross-channel product research solution for the eCommerce community, leveraging machine learning and artificial intelligence. Its core technology automatically enhances merchant catalogs, offering insights on product selection, optimal selling channels, sales volume predictions, and pricing strategies. The company serves online retailers and professionals in the gig economy, operating within the Business Software sector, specifically focusing on Sales & Marketing Solutions and Web Platforms.
Strategic signal
In February 2020, Algopix announced it was empowering over 30,000 online sellers to increase sales and grow their businesses. This milestone signals strong market adoption and validation of its AI-driven product market research platform, indicating a positive growth trajectory for the company within the e-commerce sales industry.
Log in to access full profile ›Company Intelligence Q&A
- What is Algopix's primary offering?
- Algopix offers a cross-channel product research solution that uses machine learning and artificial intelligence to provide e-commerce merchants with data-driven insights for informed business decisions, including product selection, pricing, and sales forecasting.
- When was Algopix founded and by whom?
- Algopix was founded in February 2016 by Ori Greenberg and Dani Avitz.
- Which investors have participated in Algopix's funding rounds?
- Algopix received Pre-Seed funding in February 2016 from Eran Gil, and Seed funding in October 2017 from Launch It Capital.
- What significant customer milestone did Algopix achieve in February 2020?
- In February 2020, Algopix announced that its product research platform was empowering over 30,000 online sellers to increase sales and grow their businesses.
- What is Algopix's approach to market research for e-commerce?
- Algopix utilizes AI to improve market research for e-commerce, providing data on what products to sell, where to sell them, expected sales units, and optimal price points across various channels, as highlighted in an October 2020 article.