Company Overview
Snapshot
Founded in November 2014 by Shai Raiten and Sasha Glazman, Weezmo operated with 11–50 employees. The company raised $1.5 million across one funding round from one investor. In July 2021, Weezmo was acquired by Nayax.
Business overview
Weezmo provides a customer analytics platform designed to help businesses understand customer traits and purchasing patterns. Its core technology leverages digital receipts to extract data, track spending habits, and facilitate omnichannel marketing. The software enables businesses to engage customers with personalized campaigns, including coupons and deals, to drive repeat purchases. Weezmo primarily serves retailers and online retailers, operating within the Business Software sector, with a focus on Sales & Marketing Solutions, e-Commerce Tools, and Advertising Platforms, utilizing Artificial Intelligence.
Strategic signal
In July 2021, Weezmo was acquired by Nayax, a global commerce enablement platform. This acquisition signals a strategic move by Nayax to integrate Weezmo's customer analytics and digital receipt capabilities, enhancing its offerings in customer engagement and data-driven marketing. For investors, this demonstrates Weezmo's successful exit and the market's demand for advanced customer intelligence solutions within the retail and e-commerce sectors.
Log in to access full profile ›Company Intelligence Q&A
- What is Weezmo's primary business?
- Weezmo provides a customer analytics platform that helps businesses understand customer traits and purchasing patterns through digital receipts and omni-channel marketing.
- When was Weezmo founded?
- Weezmo was founded in November 2014.
- Who are the founders of Weezmo?
- Weezmo was founded by Shai Raiten and Sasha Glazman.
- What was a significant corporate event for Weezmo?
- In July 2021, Weezmo was acquired by Nayax. The terms of the acquisition were undisclosed.
- How much funding did Weezmo raise?
- Weezmo raised $1.5 million in a funding round in January 2018 from LETA Capital.