BizWatch

Company Overview

Snapshot

Founded in December 2020 by Boaz Gilad, David Even Haim, Eyal Aharoni, and Roy Ionas, BizWatch operates with 1–10 employees. The company has secured funding across one round from one investor, i4Valley. In January 2023, BizWatch ceased to operate.

Business overview

BizWatch develops an AI-driven sourcing and procurement system designed to enhance business resilience and performance. Its core technology automatically identifies and qualifies potential suppliers, leveraging data on existing demands, supplier pricing, and available inventory to improve decision-making. The company serves markets in North America and Europe, operating within the Industrial Technologies sector, with a focus on operational optimization solutions, business software, and IT, R&D & Data Solutions.

Strategic signal

In October 2021, BizWatch joined the i4Valley portfolio, an incubator in Karmiel. This move highlighted the startup's potential to address global supply chain challenges through its AI-integrated procurement system, signaling strategic validation and support for its innovative approach to optimizing sourcing and procurement processes.

Company Intelligence Q&A

When was BizWatch founded and by whom?

BizWatch was founded in December 2020 by Boaz Gilad, David Even Haim, Eyal Aharoni, and Roy Ionas.

What significant corporate development occurred in January 2023?

In January 2023, BizWatch ceased to operate.

Which investor participated in BizWatch's funding round?

In August 2021, BizWatch received funding from i4Valley, which was a lead investor in the round.

What was a key strategic validation for BizWatch in late 2021?

In October 2021, BizWatch joined the portfolio of i4Valley in Karmiel, which was reported as a move to help address global supply chain issues.