PayPal buying Israeli startup Cymbio

Funds firm PayPal is shopping for Tel Aviv-based startup Cymbio. Cymbio was based in 2015 by Roy Avidor, Gilad Zirkel and Mor Lavi, and has about 80 workers. Market sources estimate the acquisition worth at $150-200 million.

Cymbio makes a speciality of dropship automation, that’s the automation of the sale of merchandise not from the vendor’s warehouse however from a 3rd occasion such because the producer or a wholesaler. The corporate connects manufacturers equivalent to New Steadiness, Billabong and Lacoste with retailers, and permits them to handle gross sales and orders. The corporate underwent tough instances earlier than the Covid pandemic interval, however since then it has grown impressively, with constantly rising income.

Cymbio has not raised greater than $30 million in its eleven years of exercise, from enterprise capital corporations equivalent to Udi Angel’s XT Enterprise Capital, the biggest investor within the firm, Vertex, and Nook Ventures, and PayPal itself through its enterprise capital arm. In 2021, the corporate was valued at $97 million, in line with PitchBook.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on January 22, 2026.

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