What is Zooz?
Founded in 2010, Zooz is at the forefront of revolutionizing global commerce by dismantling borders, legacy systems, and inefficiencies. The company's advanced, scalable technology platform empowers merchants and Payment Service Providers (PSPs) to access a multitude of global payment options. Through sophisticated analytics, Zooz provides actionable insights, enabling businesses to effectively control and optimize their payment operations via a unified, intelligent platform. This strategic approach to payment infrastructure aims to unlock new opportunities for businesses operating in an increasingly interconnected digital economy.
How much funding has Zooz raised?
Zooz has raised a total of $39.5M across 4 funding rounds:
Other Financing Round
$1.5M
Series A
$2M
Series B
$12M
Series C
$24M
Other Financing Round (2011): $1.5M with participation from Kima Ventures, Jaina Capital, lool Ventures, Yuval Tal, Orefa Investment, Eilon Tirosh, Rhodium, and A.M. Holdings
Series A (2013): $2M led by Partam Hightech, lool Ventures, Rhodium, and XSeed Capital
Series B (2014): $12M supported by Blumberg Capital
Series C (2016): $24M featuring Target Global Ventures
Key Investors in Zooz
Rhodium
Rhodium is a private investment firm that focuses on high-growth, cutting-edge opportunities in digital media, internet, and mobile technologies. They partner with entrepreneurs to build disruptive, world-changing companies, providing funding, management expertise, and a strong network.
lool Ventures
lool Ventures is an Israeli Seed Fund dedicated to supporting founders at the early stages of their entrepreneurial journey. They provide guidance, support, and capital to help create world-changing companies, focusing on innovative startups that are revolutionizing industries.
Blumberg Capital
Blumberg Capital is an early and growth-stage venture capital firm that partners with visionary technology founders from inception to exit. They offer capital, serve as active board members, and provide hands-on advisory support to help companies navigate their growth journey.
What's next for Zooz?
With substantial enterprise-level backing, Zooz is poised for significant growth and market penetration. The recent strategic investment suggests a focus on expanding its technological capabilities, enhancing its analytics suite, and potentially broadening its global reach. Future developments will likely involve deeper integration with payment networks, further optimization of its platform for diverse merchant needs, and strategic partnerships to solidify its position as a leader in the global payments ecosystem. The company's ability to leverage its data insights will be critical in driving innovation and maintaining a competitive edge.
See full Zooz company page
