Argmax Acquires Ginzi

Argmax, a Ramat Gan, Israel-based leader in AI service provision, acquired Ginzi, a Tel Aviv, Israel-based innovative startup specializing in AI solutions for customer support teams.

The amount of the deal was not disclosed.

The acquisition of Ginzi represents a strategic expansion of Argmax’s offerings in the AI industry. Ginzi’s AI technology for customer support teams, complements and enhances Argmax’s existing services. This integration allows Argmax to offer AI-driven solutions to its clients. The Ginzi development team is set to make a transition to Argmax.

Founded by Ben Jacobs and Kobi Agi, Ginzi has developed technology for customer support teams to interact with AI, enabling them to address each inquiry uniquely and efficiently. The company was backed by notable investors including Jumpspeed Ventures, Fresh.Fund, and Atooro Fund, Ginzi has raised $1.5 million to date.

Led by Uri Goren, CEO, Argmax is a leader in AI services, utilizing artificial intelligence to align user needs with opportunities, particularly in advertising, marketing, and financial sectors. Their innovative AI algorithms are tailored to enhance customer engagement and optimize business efficiency.

FinSMEs

15/04/2024