Company Overview
Snapshot
Founded in April 2021 by Matan Elmalam and Jonathan Halbrecht, Blyp operated with 1-10 employees. The company raised $4 million across one funding round from 6 investors, with World Trade Ventures and SilverTech Ventures participating. However, Blyp ceased to operate in February 2025.
Business overview
Blyp developed an AI-driven analytics platform designed for e-commerce businesses. Its core technology aggregated store data from various tools and platforms, surfacing issues and providing recommendations to optimize online stores. The platform offered analytics, dashboards, and actionable insights to improve sales and performance for online retailers, primarily serving the commerce and retail sectors.
Strategic signal
Blyp ceased operations in February 2025. This indicates a significant and negative inflection point for the company, signaling to investors and innovation teams that the business model or market fit was not sustainable, leading to its closure.
Log in to access full profile ›Company Intelligence Q&A
- What was Blyp's operational status as of February 2025?
- Blyp ceased to operate in February 2025.
- When was Blyp founded and by whom?
- Blyp was founded in April 2021 by Matan Elmalam and Jonathan Halbrecht.
- How much capital did Blyp raise and in which funding round?
- Blyp raised $4 million in a Seed funding round in February 2022, with investments from World Trade Ventures, SilverTech Ventures, Eyal Waldman, Dovi Frances, Rafi Gidron, and Boaz Schwartz.
- Which investors participated in Blyp's Seed funding round?
- In February 2022, Blyp secured Seed funding with participation from World Trade Ventures.
- What was the primary purpose of the Seed funding raised by Blyp?
- The Seed funding raised in February 2022 was intended to scale Blyp's US operations and add new functionality to its platform.