Happy new year everyone! 🎆
CEO & Co-Founder, bazarr.ai | AI procurement infrastructure for wholesalers (We're hiring!)
One year ago, three frustrated Amazon sellers, sitting in Dizengoff Square, decided to start a startup. With no experience in startups, we created an initial pitch deck (attached below) and made a bold (or dumb) move: pitching a top-tier Israeli VC, for a $4M seed round. Unsurprisingly, the plan didn’t succeed, but comparing our first deck to the latest shows our dedication on solving real problems. We’ve stayed true to our mission: serving our peers and now our customers—wholesalers and retailers. And it shows through what happened since: 1. Raised pre-seed from early-stage VCs, angels, and satisfied customers, with the round set to close at $1M by January's end. 2. Our successful MVP enabled 30+ online retailers to find personalized, profitable deals in minutes, generating $15K ARR from subscriptions and $3M in deals for wholesalers. 3. Onboarded a professional advisory board including Ronen Morecki, VP of Payments at Monday.com, Mark Sabbagh, owner of DTG with 15+ years in wholesale, and a BIG industry name i can’t currently reveal. With strong validation, our 2025 roadmap is clear: launch the new product, enable seamless deals for more retailers and wholesalers, and prepare for a seed round by year-end. Special thanks to our early believers: Fusion VC, Guy Katsovich, Yair Vardi, Amit Shechter Yuval Passov, ★ Iddo Tal, Ory Weihs, Anner Kushnir, Ohad Crystal, L . and many more! We wish you all a happy and exciting new year from the bazarr.ai team! 🎆