Placer.ai Acquires Jigso Team to Boost AI Capabilities
Translated & summarized from Calcalist by baba
Location analytics unicorn Placer.ai has acquired the Israeli startup Jigso, including its founders Or Shani and Tomer Naveh, and its AI team. The acquisition aims to enhance Placer.ai's AI capabilities by integrating Jigso's proactive AI operating system. Jigso had previously raised $7.5 million in seed funding.
The story in 6 lines · by baba
- Placer.ai acquired Jigso's founders Or Shani and Tomer Naveh and its AI team.
- The acquisition aims to accelerate Placer.ai's AI development and automation.
- Tomer Naveh will be VP of R&D for AI Actions at Placer.ai.
- Or Shani will serve as a business development advisor and board member.
- Jigso raised $7.5 million in seed funding in March 2023.
- Jigso developed a proactive AI operating system for enterprise data analysis.
Placer.ai, a unicorn company specializing in location analytics, has acquired the development team and founders of Jigso. The acquisition will bring Jigso's co-founders, Or Shani and Tomer Naveh, along with their AI expertise, into Placer.ai. Naveh will assume the role of Vice President of R&D for AI Actions at Placer.ai, while Shani will serve as a business development advisor and management board member.
Jigso, founded in December 2021 by Shani and Naveh, who previously founded the sold company Albert.ai, developed a proactive AI-based operating system. This system was designed to connect and analyze information from various enterprise systems, such as Slack, Jira, and CRM, to prevent information overload and provide real-time insights.
In March 2023, Jigso emerged from stealth mode after raising a $7.5 million seed round from investors including General Catalyst, Entrée Capital, and Jibe Ventures. The integration of the Jigso team is intended to accelerate the development of AI capabilities for Placer.ai, which serves over 5,000 organizations.
The goal is to incorporate Jigso's automation solutions to transform Placer.ai's raw shopper traffic data into actionable insights and recommendations for its clients.