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Israeli Startup Tailor Brands Brings in $50 Million from GoDaddy

Tailor Brands co-founders, from left, Nadav Shatz, Yali Saar and Tom Lahat (Tailor Brands)

Tailor Brands is an Israeli startup that offers businesses an online platform to improve their brand design. Tailor Brands raised $50 million in a Series C funding led by GoDaddy.

You have certainly heard of GoDaddy. They offer website hosting, as well as other services that aid businesses in promoting their brand. But have you heard of Tailor Brands? Well, their service overlaps with what GoDaddy provides and so it makes sense that GoDaddy invested in the startup.

Founded in 2015 by Nadav Shatz, Yali Saar, and Tom Lahat, Tailor Brands boasts that they are the world’s first AI-powered logo design and branding platform. Tailor Brands declares that their AI platform makes it “ridiculously easy (and fun!)” to create a unique online brand identity (logo, website, and on-brand designs) “in minutes and with zero design experience.”

“We empower millions of people around the world to kick start their business with easy-to-use branding and design tools.”

“Once we started to really track the explosive growth of small businesses as a result of Covid, we knew that Tailor Brands could provide real value for these business owners in a fun and engaging way by removing many of the hurdles that come with establishing and marketing a new business, including consolidating all of the needed services in one place, enabling business owners to free up valuable time to focus on other important aspects of growing their companies,” said Yali Saar, CEO and co-founder of Tailor Brands. “We are thrilled to have this vote of confidence from GoDaddy and our other investors as we continue on our growth trajectory with Tailor Brands’ unique position in the growing SMB economy.”

“GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online,” said Andrew Morbitzer, Vice President, Corporate Development at GoDaddy. “We are excited to invest in Tailor Brands – and its team – as we believe in their vision. Their platform truly helps entrepreneurs start their business quickly and easily with AI-powered logo design and branding services.”

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