8fig Announces Seed Round Funding, Raises $6.5 Million

June 16, 2021

Karlyn McKell

8fig’s mission is to uncap eCommerce growth with flexible capital continuously aligned to online sellers supply chain needs.

We are thrilled to announce our Seed funding, led by Battery Ventures and with support by HetZ Ventures, LocalGlobe and the investment arm of the Jesselson Family. 8fig secured $6.5 million in funding and the round was completed in June 2021. CTech, GeekTime, Israel Hayom, and others covered this exciting announcement.  

Here at 8fig, we are reinventing the way eCommerce sellers manage their supply chain, with free planning tools and unlimited, continuous capital. Our funding solutions are also equity-free so as an online seller, you keep 100% of your business. 

The core of our technology is our software. We use an AI forecasting engine that merges payment, analytics, and forecasting technologies together so sellers can manage their supply chain. 

8fig was co-founded in 2020 by Yaron Shapira (CEO), Assaf Dagan (CTO) and Roei Yellin (CRO). Our team is currently split between Tel Aviv, Israel and our headquarters in Austin, Texas.

Karlyn McKell

Karlyn McKell

Karlyn is an eCommerce writer and Content Marketing Manager for 8fig. She's on a mission to democratize online retail by empowering small and medium-sized businesses with resources and tools they need to compete in dynamic marketplaces.