# ClassifEye

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/classifeye

- Industry: Software
- Headquarters: Jerusalem, Israel
- Website: www.classifeye.com
- Total disclosed funding: $3.2M
- Latest round: Series B (Jun 2, 2008)
- Investors on record: 2

## About

ClassifEye Ltd. delivers advanced classification and data analytics solutions across various industries, optimizing data management and enhancing operational efficiency through sophisticated machine learning techniques.ClassifEye Ltd. specializes in data classification and analytics solutions. Founded in Jerusalem, Israel, the company has undergone strategic pivots to increase its focus on machine learning technologies. The firm was established through the entrepreneurial efforts of its founder, who has a history of involvement in similar tech ventures. ClassifEye has raised a total of USD 2.00 mn, with its most recent funding being a Grant of USD 0.08 mn dated December 9, 2008.ClassifEye.com specializes in providing advanced classification and data analytics solutions tailored to a diverse range of industries, including e-commerce, healthcare, and logistics. The core product offerings leverage sophisticated machine learning algorithms to streamline data categorization, enhancing operational efficiency for businesses managing large datasets. These solutions address issues like data fragmentation and the need for real-time insights, enabling clients to make informed decisions quickly. ClassifEye serves a global client base, including SMEs and large corporations primarily in North America, Europe, and parts of Asia-Pacific.ClassifEye.com generates revenue through a subscription-based model that allows clients access to its suite of classification and analytics tools. Clients typically engage in annual contracts with tiered pricing plans based on their data requirements. The flagship product, known for its robust classification capabilities, forms the basis of these transactions, with clients paying for usage based on data volume and classification complexity. Through direct B2B transactions, ClassifEye.com fosters long-term partnerships, ensuring continual support and updates for an enhanced service experience.ClassifEye Ltd. plans to utilize its recent Grant funding of USD 0.075 million to further develop its product offerings and explore new market opportunities. The company aims to expand into the Asia-Pacific region by 2025, specifically targeting countries with growing demands for data analytics solutions. Upcoming product developments are focused on enhancing machine learning capabilities, set to be released in mid-2024, to better serve clients needing advanced data management solutions.

## Funding rounds

- Series B, Jun 2, 2008, $2M — Nobska Ventures, Maryland Department of Business and Economic Development
- Series A, Jun 19, 2006, $1.2M — Nobska Ventures

## Investors

- Nobska Ventures (https://capitalatlas.ai/funds/nobska-ventures) — Series A, Series B
- Maryland Department of Business and Economic Development — Series B