Wix has unveiled the Wix Capital Accelerator Program, tailored for pre-Seed and Seed-stage startups in strategic areas aligned with Wix’s focus to enhance visitor experiences across various services. The initiative targets Israeli companies developing innovative business platforms, tools, and management solutions for SMBs and their clientele, including AI, deep learning, and LLM-based solutions.
Lior Shemesh, Wix’s CFO, expressed enthusiasm about the Wix Accelerator Program’s launch, highlighting its potential to drive growth for Wix, its users, and the participating companies. Despite Wix’s evolution into a multi-billion dollar enterprise, Shemesh emphasized their commitment to supporting startups, acknowledging their own startup origins. He anticipates that these investments will yield technological advancements, fostering the growth of participating companies and benefiting Wix and its user base. Shemesh looks forward to initiating this endeavor and nurturing Israel’s next generation of technology pioneers.
The initiative targets Israeli startups specializing in key strategic sectors aligned with Wix’s goals, aiming to enhance visitor experiences across various services like eCommerce, bookings, restaurants, hotels, and beyond. Selected startups will benefit from advisory and mentorship assistance in product development, business expansion, and funding, leveraging Wix’s pertinent expertise. Additionally, they will gain access to office facilities at the Wix Headquarters.
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