NEW YORK (PRWEB) December 06, 2017
Feedvisor, the leader in algorithmic repricing and business-critical data for e-commerce marketplace sellers, today announced that it has been ranked 10th on Deloitte Technology Fast 50 list, which recognizes fastest-growing technology companies. Feedvisor has also been also selected and recognized as one of Israel’s Top 10 Most Promising Startups by Globes.
Both awards recognize Feedvisor’s outstanding business growth over the past several years. In 2017, the company launched new solutions for marketplace sellers, significantly grew its revenue and headcount and capitalized on the continued rise of Amazon and online marketplace selling. In the past four years, Feedvisor has grown by 774 percent, which led to the company's ranked 10th on Deloitte Technology Fast 50.
"As e-commerce is undergoing a transformation, we’ve continued to evolve our platform to better serve a growing network of marketplace sellers with real-time data to empower them to make business-critical decisions. We’re honored to be recognized by both Deloitte and Globes for our growth and innovation,” said Victor Rosenman, CEO of Feedvisor. “These awards are a validation of the hard work our team has dedicated to help online retailers maximize their revenue and optimize their margins.”
These awards come on the heels of several other key milestones for Feedvisor. In the past year, Feedvisor has opened a new headquarters in New York to drive the company’s US expansion, raised $20 million in a Series B led by General Catalyst, and made key executive hires. The company has also grown to manage more than $2 billion in gross merchandise from its customers.
"There is something truly remarkable about the Israeli companies on the Fast 50 list. They do not just have good ideas. These companies have much more. They hold a strong group of people driving them forward on all levels of business with great innovation, quality and motivation," said Shally Tshuva, technology, media & telecommunications industry leader at Deloitte Israel. "This vision and teamwork is why Feedvisor made it on the Deloitte Technology Fast 50 Ranking.”
Deloitte recognizes 50 leading companies from Israel each year based on their growth percentage over the past four years, and the ranking showcases technological innovation along with Israeli entrepreneurial spirit.
Each year, Globes recognizes Israeli startups for their success and innovation in emerging categories, including big data, AI, machine vision and the Internet of Things (IoT). Globes surveys high-tech insiders in Israel including investors, entrepreneurs and venture capitalists to recognize these companies. This is the 12th year that Globes has published this award.
To learn more about the Israel Deloitte Fast 50, click here.
For more on the Globes Most Promising Startups, click here.
About Feedvisor
Feedvisor is the pioneer of Algo-Commerce — the discipline of using big data and machine learning algorithms to make business-critical decisions for online retailers. Feedvisor’s cloud-based algorithmic repricing and revenue intelligence solutions power millions of pricing decisions daily, providing retailers with actionable insights to maximize profitability and drive their business growth. For more information about Feedvisor, visit http://www.feedvisor.com.