Weezmo

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. A significant milestone for the company was its acquisition by Nayax in July 2021.

Business overview

Weezmo provides a customer analytics platform that helps businesses identify customer traits and purchasing patterns. Its core technology leverages digital receipts to extract data, track spending habits, and facilitate omni-channel marketing. The software enables personalized campaigns, such as coupons and deals, to drive customer retention. Weezmo serves enterprises and SMBs, operating within the Business Software sector, specifically focusing on sales and marketing solutions, e-commerce tools, and advertising platforms, with applications in artificial intelligence for commerce and retail.

Strategic signal

Weezmo was acquired by Nayax in July 2021, marking a successful exit for the Israeli tech startup. This acquisition signals a strategic move by Nayax to integrate Weezmo's customer analytics and digital receipt capabilities, enhancing its offerings in the unattended retail and payment solutions market. For investors, this demonstrates the value of Weezmo's technology in improving customer engagement and data utilization within retail environments.

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.