Shopiz operates a group-shopping platform that offers substantial discounts on goods and services by lowering product prices as more shoppers join a purchase. Its mechanism lets customers benefit from price reductions even after purchase, with savings returned to their credit cards. The platform aggregates demand across businesses and websites to drive collective purchasing discounts. Founded in 2014 and led by CEO Gilad Brovinsky, Shopiz is based in Tel Aviv. Financially, the company has completed a second financing round and has raised $3.5 million to date. The latest $2 million round will be used to hire new staff and support international expansion.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2017