Cymbio Overview
Cymbio enables digital sales growth for brands with an end-to-end drop-ship and marketplace platform. The company's all-encompassing B2B automation hub supports all systems, protocols, and vendors while seamlessly exposing brands to a global retail ecosystem. The company can automate the full retail set-up for brands without changing any current systems or processes, streamlining product data, imagery, mapping, taxonomy, inventory syncing, orders, billing, tracking, and returns. Cymbio supports over 600 retailers, marketplaces, department stores, and boutiques (such as Nordstrom, Kohl's, Macy's, Farfetch, and Urban Outfitters), and serves hundreds of brands including Steve Madden, Marchesa, and Camper.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
/PRNewswire/ -- Cymbio, the leading marketplace and social commerce automation platform for brands like New Balance, Balenciaga, and Juicy Couture, today...
Cymbio, a leading marketplace and social commerce automation platform, has announced its integration with SAP Commerce Cloud through the SAP PartnerEdge program. This partnership allows Cymbio to offer its Multi-Channel Expansion solution on the SAP Store, enabling brands to automate and manage their marketplace and social commerce operations across over 800 global channels. The integration aims to streamline operations, reduce time-to-market, and provide real-time analytics for brands using SAP Commerce Cloud. Cymbios platform is backed by over $35 million in funding from investors like PayPal Ventures and Vertex Ventures, and it serves notable customers such as Balmain, Reebok, and Fabletics.
Partners
growth-positive
PayPal Ventures Invests in Commerce Automation Platform Cymbio
Cymbio, a marketplace and drop ship automation platform, has received an investment from PayPal Ventures. The investment will support Cymbio in expanding its capabilities and offering financial services to its customers. Cymbios platform enables brands to easily integrate their product catalogs and manage operations across channels. It acts as a technology bridge, connecting brands to 800+ marketplaces, retailers, and ecommerce solutions worldwide. The investment from PayPal Ventures reflects the importance of Cymbio in enabling brands to shift to a multi-channel commerce model. Cymbio will be attending the Shoptalk 2022 conference to discuss its developments and the future of retail.
Investment
growth-positive
Cymbio raises $20 million Series B for digital commerce platform
Israeli startup Cymbio has raised $20 million in a Series B financing round led by Corner Ventures. The company provides a centralized platform for brands to manage marketplaces, drop ship, boutiques, retail set-up, and onboarding. Cymbios technology helps brands connect with retailers and marketplaces, allowing them to start selling on thousands of platforms. The funding will be used to continue innovating, expanding partnerships, and supporting brands growth. Cymbios clients include New Balance, Authentic Brands Group, Steve Madden, Marchesa, Camper, and Micro Kickboard.
Investment
growth-positive
"Salesforce for eCommerce": Cymbio raises $7 million series A for its brand connectivity solution
Cymbio, a brand-to-retail connector, has raised $7 million in series A funding. The platform helps connect brands to online marketplaces and retailers. The funding round was led by Vertex Ventures and included participation from Yuval Tal, founder of Payoneer. Cymbio automates drop ship and marketplace operations for brands, streamlining the process and eliminating the need for manual work. The company has experienced significant growth, working with over 300 brands and 600 retailers. It has helped brands increase their digital revenue by an average of over 65% and units sold by 47%. Cymbio is used by international retailers such as Macys, Nordstrom, and Costco.
CustomersPartners
growth-positive
Up Close: In Conversation with Cymbio's Roy Avidor
Roy Avidor, CEO of Cymbio, discusses the importance of learning from other industries, the significance of customer service and loyalty, the companys decision to offer a holistic hub for automating dropship and marketplace work, the importance of agility and innovation, the apparel industrys focus on online sales channels, and concerns about global unemployment rates. Cymbios dropship and marketplace automation platform seamlessly connects and automates processes for brands, retailers, and vendors.
CustomersExpand
| Sector | Retail Platforms |
Funding
| Total funding | $27M |
| Last funding | Undisclosed |
| Stage | B |
| Rounds | 4 |
| Investors | 9 |
Team Members
3
Employees: 51-200
Web & Social Links
| Website | www.cym.bio |
| Careers | Careers page |
Locations
Eliezer Kaplan Street 2, Tel Aviv-Yafo, Israel
12-16 Vestry St, New York, NY 10013, United States
Photos & Videos
1 item(s)
