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§ Private Profile · NY, USA
AI-driven data analytics platform for e-commerce SMBs, aggregating data, detecting issues, and delivering 24/7 insights.
Blyp is an AI-driven data analytics platform for e-commerce merchants that is co-headquartered in Tel Aviv, Israel, and New York City. The company provides a software-as-a-service solution that aggregates data from product, marketing, and customer sources into a centralized warehouse to generate automated performance reports. Designed primarily for small and medium-sized businesses operating on platforms like Shopify, the system continuously monitors metrics to identify technical errors and recommend strategies for improving conversion rates and profitability. To support its growth, the enterprise has raised $4 million in seed funding to scale its operations and expand its feature set, backed by lead investors including World Trade Ventures and Silvertech Ventures. Additional financial backing comes from prominent individual investors such as Eyal Waldman and Dovi Frances. Blyp was founded in 2021 by Matan Elmalam and Jonathan Halbrecht.
Blyp has raised $4.0M across 1 funding round.
Blyp has raised $4.0M in total across 1 funding round.
Blyp is an AI-driven SaaS platform specializing in e-commerce data analytics, particularly for Shopify stores, providing 24/7 actionable insights into store performance, customers, products, and marketing to drive growth.[1][3][4] Founded in 2021 and headquartered in New York with under 25 employees, it has raised less than $5 million in funding across one round, targeting business intelligence challenges by analyzing vast data volumes and delivering snackable, growth-focused recommendations.[1][3] Blyp serves e-commerce businesses overwhelmed by data, solving the problem of extracting instant, usable intelligence to optimize operations without manual effort, while showing early momentum through a $4 million investment secured on initial concepts via robust DevOps infrastructure.[1][3]
Blyp was founded in 2021 in New York, emerging from a need to simplify e-commerce analytics in a data-saturated market.[1] The idea took shape as a SaaS solution for virtual data analysis, starting with just sketches and business concepts; the team partnered with Quema to build scalable infrastructure, application architecture, and security for handling confidential data, overcoming their lack of in-house expertise in complex, high-tech systems.[3] This pivotal collaboration enabled rapid development and propelled Blyp to secure $4 million in funding, marking early traction despite limited personnel and marking a shift from concept to operational platform focused on Shopify insights.[1][3][4]
Blyp rides the explosion of e-commerce data fueled by platforms like Shopify, where merchants generate overwhelming volumes of store, customer, and marketing metrics amid rising AI adoption for business intelligence.[1][3][4] Timing is ideal post-2021 founding, aligning with post-pandemic e-commerce growth and investor appetite for AI analytics—evidenced by its quick funding—amid market forces like data privacy demands and the need for scalable SaaS without heavy teams.[1][3] It influences the ecosystem by democratizing advanced analytics for small-to-mid e-commerce players, reducing barriers to insights and fostering efficiency in a competitive BI landscape dominated by complex tools.[1]
Blyp is poised to expand beyond Shopify into broader e-commerce platforms, leveraging its AI edge and proven funding model to capture more BI market share as data volumes surge.[1][3] Trends like AI automation, edge computing for real-time insights, and global e-commerce localization will shape its path, potentially driving employee growth from under 25 and additional rounds beyond $5M total.[1] Its influence may evolve from niche Shopify optimizer to full-stack e-commerce intelligence leader, empowering more merchants in an increasingly data-driven retail world—turning initial sketches into scalable success.
Blyp has raised $4.0M in total across 1 funding round.
Blyp's investors include Dovi Frances, Eyal Waldman, Hercules Capital, Insight Partners, Rainfall Ventures, Silvertech Ventures, Ten Eleven Ventures, Bill Ackman, Greg Schroy, Moshe Lichtman, Rafi Gidron, Shlomo Kramer.
Blyp has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in February 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2022 | $4M Seed | Dovi Frances, Eyal Waldman | Hercules Capital, Insight Partners, Rainfall Ventures, Silvertech Ventures, TEN Eleven Ventures, Bill Ackman, Greg Schroy, Moshe Lichtman, Rafi Gidron, Shlomo Kramer, Boaz A. Schwartz, World Trade Ventures | Announced |