Convizit Wins Pitango’s $1 Million Startup Competition

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We are excited and humbled to announce that Convizit has been selected as the winner of Pitango Venture Capital’s TRIFECTA early-stage startup competition! We were one of 15 companies that participated in the semi-finals in New York City in April, and we were thrilled to hear this week that we were selected by Pitango to receive the $1M investment prize.

Pitango is a leading VC investor, with more than $2 billion under management and investments in over 250 companies. Well-known portfolio companies include Taboola, Via and Foursquare.

This is a significant validation that our unique approach and technologies are on the right track to disrupt the field of user behavior analytics.

In brief, Convizit’s autonomous insight-generation solution enables companies to quickly and easily leverage behavioral data to generate tangible business benefits. Whereas existing behavior analytics tools require extensive time and skills, and ignore most user actions, Convizit automatically captures, tags (based on context) and analyzes comprehensive behavioral data to continuously reveal new opportunities for increasing engagement and revenue – with zero human effort required. Our top-notch data scientists and developers are pushing the envelope of big data analytics and AI to usher in the next generation of user behavior analysis.

Our awesome team of data scientists and developers deserve a huge thank-you for achieving this important milestone!

We would also like to extend our sincere thanks to Eyal Niv, Ayal Itzkovitz, Yair Cassuto, Gad Huldai, Sapir Ben Harosh and Sharon Erde of Pitango. We are thrilled to be joining Pitango’s family of portfolio companies and we look forward to working closely with Pitango’s early-stage investment team.

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