Company Overview
Snapshot
Founded in February 2015 by Izzy Cohen, Yoav Maor, and Yonatan Maor, Sigmento operated with 11–50 employees. The company raised $1.75M across one funding round before being acquired by Akeneo in January 2018.
Business overview
Sigmento developed a SaaS platform designed to automatically generate unique and optimized product pages for e-merchants. The technology enabled customers to efficiently upload new products to their stores, facilitating sales on major marketplaces such as eBay, Amazon, and Google Shopping at scale. Sigmento's platform leveraged advanced analytics, machine learning, big data, natural language processing, and natural language generation to collect and validate product information. The company operated within the Business Software sector, specifically focusing on e-Commerce Tools.
Strategic signal
In January 2018, Sigmento was acquired by Akeneo, a multinational company. This acquisition marked a significant exit for Sigmento, integrating its automated product data capabilities into a larger enterprise solution and validating its technology within the e-commerce ecosystem.
Company Intelligence Q&A
- What is Sigmento's primary business?
- Sigmento provides a SaaS platform that automates the creation of unique and optimized product pages for e-merchants, enabling them to scale sales on marketplaces like eBay, Amazon, and Google Shopping.
- When was Sigmento founded and by whom?
- Sigmento was founded in February 2015 by co-founders Izzy Cohen, Yoav Maor, and Yonatan Maor.
- What was a significant corporate milestone for Sigmento?
- Sigmento was acquired by Akeneo in January 2018, leading to its inactive status.
- How much capital did Sigmento raise?
- Sigmento raised a total of $1.75M across one funding round, which was a Seed round in December 2015.
- What technologies does Sigmento utilize?
- Sigmento's platform utilizes advanced analytics, machine learning, big data, natural language processing, and natural language generation to process and validate product information.