Israeli automated branding startup Tailor Brands has closed a $15.5 million Series C financing round led by Pitango Venture Capital Growth Fund and the UK’s Armat fund.
The company has raised $20.6 million to date including from previous investors Mangrove Capital Partners, and Tal Barnoach’s Disruptive Technologies L.P.
Tailor Brands has developed a platform that provides automatic advertising services to a range of businesses. The fully automated branded agency services extend from logo design to social media campaigns. The company has five million users.
Pitango managing general partner Aaron Mankovski said, “Small businesses are an important engine of growth for the global economy. In the digital age branding a business is critical, especially for small and medium sized businesses. We are happy to collaborate with Tailor Brands, which today leads the automated branding services sector.”