Buywith

Company Overview

Snapshot

Founded in June 2017 by Adi Ronen, Eyal Sinai, and Yaniv Peleg, Buywith operates with 11–50 employees. The company has raised $10.5 million across 4 funding rounds from 15 investors. In April 2024, Buywith secured funding from Iron Nation, highlighting continued investor confidence in its live commerce platform.

Business overview

Buywith offers a marketplace platform in the live commerce sector, facilitating frictionless live stream shopping experiences by connecting creators with brands. Its core technology enables an omni-channel link that allows shoppers to participate in live events directly on a brand's website, engaging with creators, influencers, and other community members. The platform leverages AI and big-data insights to reduce shopping cart abandonment and boost conversion rates, primarily serving the e-commerce, retail, and marketing industries, with a focus on Gen Z and Millennial consumers in Europe, Israel, and the United States.

Strategic signal

In May 2022, Buywith closed a Seed funding round, with igniteXL Ventures leading the investment. This funding validates the company's approach to live commerce and its ability to attract significant venture capital, signaling strong market potential and investor interest in its platform for enhancing online shopping experiences through social interaction and creator-led content.

Company Intelligence Q&A

When was Buywith founded?

Buywith was founded in June 2017.

Who are the founders of Buywith?

Buywith was founded by Adi Ronen, Eyal Sinai, and Yaniv Peleg.

What was a significant funding event for Buywith?

In May 2022, Buywith closed a Seed funding round, with igniteXL Ventures as a lead investor.

What is Buywith's primary business model?

Buywith operates on a B2B2C business model, connecting creators with brands to facilitate live stream shopping experiences for consumers.

What is the total capital raised by Buywith?

Buywith has raised a total of $10.5 million across 4 funding rounds.