What is Zooz?
Founded in 2010, Zooz operates at the intersection of e-commerce and financial technology, aiming to dismantle the barriers of borders, legacy systems, and inefficiencies in global commerce. Its advanced, scalable platform empowers merchants and PSPs by providing access to a wide array of global payment options. Through sophisticated analytics, Zooz offers insights that enable businesses to effectively control and optimize their payment operations via a unified, intelligent platform. The company's mission is to create a borderless world of commerce, leveraging technology to streamline cross-border transactions and enhance payment intelligence for businesses worldwide.
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, lool Ventures, Yuval Tal, Jaina Capital, Orefa Investment, Eilon Tirosh, Rhodium, and A.M. Holdings
Series A (2013): $2M led by Partam Hightech, XSeed Capital, lool Ventures, and Rhodium
Series B (2014): $12M supported by Blumberg Capital
Series C (2016): $24M featuring Target Global Ventures
Key Investors in Zooz
Target Global Ventures
Target Global Ventures is a venture capital firm that invests in high-growth technology companies. They focus on identifying and supporting innovative startups with the potential for significant market impact, often participating in later-stage funding rounds to fuel scaling and expansion.
Rhodium
Rhodium is a private investment firm specializing in high-growth opportunities within digital media, internet, and mobile technologies. They partner with promising entrepreneurs to build disruptive, world-changing companies, leveraging their funding, expertise, and network.
lool Ventures
lool Ventures is an early-stage venture capital fund based in Israel, dedicated to backing founders with the vision to create world-changing companies. They provide crucial guidance, support, and capital to help startups navigate their initial growth phases.
What's next for Zooz?
With its recent strategic investment and substantial total funding, Zooz is well-positioned for accelerated growth and market expansion. The company's focus on next-generation payment technology and advanced analytics suggests a strategic direction towards enhancing its platform's capabilities, potentially expanding its global reach, and deepening its integration with key players in the e-commerce and financial sectors. This latest capital injection will likely fuel further innovation in payment processing, fraud prevention, and data-driven optimization, solidifying Zooz's position as a leader in the global fintech landscape.
See full Zooz company page
