Company Overview
Snapshot
Founded in November 2016 by Roi Kliper and Yosi Dediashvili-Drossos, City Hive operates with 11–50 employees. The company has completed 2 funding rounds and holds a patent for its technology, which enables online sales of wine and spirits.
Business overview
City Hive provides an eCommerce and data platform tailored for the wine and spirits industry. The company builds, manages, and maintains point-of-sale mobile eCommerce applications and websites, allowing consumers to browse inventory and purchase products directly. Utilizing patented technology, location sensitivity, proprietary machine-learning algorithms, and data analytics, City Hive serves retailers, wholesalers, distributors, and suppliers to enhance sales, streamline operations, and engage clients and partners effectively. Its platform augments existing websites with a universal point of sale and delivers targeted offers, operating within the Business Software sector, specifically focusing on e-Commerce Tools, Data Analysis & Decision Support, and Mobile/Web platforms.
Strategic signal
In April 2020, City Hive was highlighted by Forbes for its adaptive strategies in response to the COVID-19 pandemic. This recognition signals the company's agility and resilience in navigating market disruptions, demonstrating its capacity to innovate and maintain operational effectiveness during challenging economic periods, which is a positive indicator for investors assessing stability and growth potential.
Company Intelligence Q&A
- When was City Hive founded and by whom?
- City Hive was founded in November 2016 by Roi Kliper and Yosi Dediashvili-Drossos.
- What is City Hive's primary business model?
- City Hive primarily operates on a B2B business model, providing its eCommerce and data platform to retailers, wholesalers, distributors, and suppliers in the wine and spirits industry.
- What core technologies does City Hive utilize?
- City Hive leverages artificial intelligence, specifically machine learning algorithms, along with mobile and web platforms to power its eCommerce and data solutions.
- Where are City Hive's main offices located?
- City Hive has offices in Lotem, Israel, and in New York, United States.
- What was a notable recognition for City Hive in 2020?
- In April 2020, City Hive was featured in Forbes for its bold strategic changes and adaptability in the wake of the COVID-19 pandemic.