Okiano

Company Overview

Snapshot

Founded in December 2014 by Ofer Hendin and Ilan Ben Hamo, Okiano operated with 1–10 employees. The company raised $2.1M across one funding round. Okiano ceased operations in January 2023.

Business overview

Okiano specialized in business software, providing an AI-powered platform to automate eCommerce advertisements. The company's core technology leveraged machine learning and deep learning to manage paid digital marketing campaigns for online stores, optimizing keywords and ads to target the right audience. Okiano served the online retail sector, operating within the advertising platforms segment of sales & marketing solutions, with a focus on consumer goods within commerce & retail.

Company Intelligence Q&A

What is Okiano's operational status?

Okiano is currently non-active, having ceased operations in January 2023.

When was Okiano founded and by whom?

Okiano was founded in December 2014 by co-founders Ofer Hendin, who served as CEO, and Ilan Ben Hamo, the CTO.

What was Okiano's primary focus?

Okiano focused on automating eCommerce advertisements using artificial intelligence, specifically machine learning and deep learning, to manage paid digital marketing campaigns for online retailers.

What was the total capital raised by Okiano?

Okiano raised a total of $2.1M across one funding round.

In which markets did Okiano operate?

Okiano operated in geomarkets including Australia, South Africa, the United Kingdom, and North America.