Silverback

Company Overview

Snapshot

Founded in April 2014 by Boaz Cohen, Yoav Artzi, and Dan Benjamin, Silverback operated with 1–10 employees. The company raised $1.7 million across one funding round from two investors. In November 2023, Silverback ceased operations.

Business overview

Silverback developed an AI-based intelligence platform designed to assist eCommerce managers in outperforming competitors. The platform provided account and sales teams with real-time updates on trending and top-selling products, optimal pricing strategies, and high-quality suppliers. Operating within the Business Software sector, Silverback focused on delivering predictive sales intelligence for the eCommerce industry, leveraging artificial intelligence for competitive intelligence and lead generation.

Strategic signal

In October 2019, Silverback.ai announced a deeper strategic partnership with Mirakl, aiming to accelerate marketplace growth. This collaboration signaled Silverback's focus on integrating its predictive sales intelligence capabilities within broader eCommerce marketplace ecosystems, enhancing its value proposition for businesses seeking to optimize their sales performance and competitive positioning.

Company Intelligence Q&A

What is Silverback's primary focus?

Silverback specializes in predictive sales intelligence for eCommerce, utilizing an AI-based platform to help managers identify top-selling products, optimal prices, and high-quality suppliers.

When was Silverback founded?

Silverback was founded in April 2014.

What was the company's operational status as of November 2023?

As of November 2023, Silverback ceased to operate.

How much capital did Silverback raise?

Silverback raised a total of $1.7 million in January 2016 from investors Techstars Accelerator and Spinach Angels.

Did Silverback engage in any significant partnerships?

In October 2019, Silverback.ai announced a deeper strategic partnership with Mirakl to accelerate marketplace growth.