Israeli machine learning branding startup Tailor Brandshas closed a $4 million financing round led by Mangrove Capital Partners, together with Disruptive Technologies L.P who had led the company’s seed round. Tailor Brands has raised $5.1 million to date including the latest funding.
Co-founded by CEO Yali Saar, CTO Nadav Shatz, and Chief Design Officer Tom Lahat, Tailor Brands is the only fully automated branding agency working with over 500,000 businesses worldwide. The company uses machine learning and pattern recognition to instantly design anything from logos to full ad set campaigns for affordable prices.
Yali Saar said, “The new funding will be used to expand the company and accelerate the growth of the company’s new subscription product, “Tailor Brands Studio,” that allows unlimited branding design.
He added, “We believe design can change lives. From small German apple farms to NYC coffee shops our service allows small business owners to compete with a big chain’s budget. We help your neighborhood coffee shop compete with Starbucks."
Published by Globes [online], Israel business news - www.globes-online.com - on November 7, 2016
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