Sauce

Sauce

About Sauce

Simplify's Rating
Why Sauce is rated
D+
Rated D+ on Competitive Edge
Rated C on Growth Potential
Rated D+ on Rating Differentiation

Industries

Food & Agriculture

Consulting

Consumer Software

Company Size

51-200

Company Stage

Series A

Total Funding

$10.2M

Headquarters

Tel Aviv-Yafo, Israel

Founded

2015

Overview

Company Does Not Provide H1B Sponsorship

Simplify Jobs

Simplify's Take

What believers are saying

  • Access to Israeli tech innovations enhances Sauce's competitive edge.
  • Miami-Israel partnerships open new investment opportunities for Sauce.
  • Sauce benefits from a dynamic business culture emphasizing risk-taking.

What critics are saying

  • Increased competition from Israeli startups may threaten Sauce's market share.
  • Talent drain to Miami-Israel partnerships could impact Sauce's workforce.
  • Emerging Israeli tech firms in the US market challenge Sauce's growth.

What makes Sauce unique

  • Sauce leverages Miami's strategic location for international tech collaborations.
  • The company integrates Israeli innovation in fintech, agtech, and AI.
  • Sauce fosters a culture of risk-taking and resilience inspired by Israeli startups.

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Funding

Total Funding

$10.2M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$5M
ByteDance
$8.2M
Discord
$15M
Canva
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Hybrid Work Options

Paid Vacation

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

1%
Refresh Miami
Oct 31st, 2023
Chutzpah Meets Hustle: Israel’S ‘Startup Nation’ Connects With #Miamitech

Israeli startups are expanding to the US through Miami, and Miami companies are leveraging all that Israel’s diverse tech ecosystem has to offer.By Riley KaminerWhen we think about international tech founders, companies, and investors in Miami, Latin America might be the first to come to mind. Maybe Europe. But if we go a bit further to the east, we will find another ecosystem that is ripe for collaboration with #MiamiTech: Israel.Known as the “Startup Nation,” Israel has one of the top five highest concentrations of startups after Silicon Valley. Israeli startups have a major track record of success, particularly in fintech, agtech, cybersecurity, and artificial intelligence.What are the origins of this success? An inherent risk-taking behavior, an acceptance of failure, and an emphasis on education all play a role, according to Peretz Lavie, a former president of Israel’s Institute of Technology. (Chutzpah, in other words.)Forging an Israeli-Florida tech connectionMiami is poised to create meaningful partnerships with entrepreneurial leaders from the Startup Nation. Of course, this is nothing new – in 2015, a Miami startup delegation visited Israel, the first of a number of annual trips; in 2016, the first Startup Nation Conference featured more than 20 Israeli startups, which sought growth opportunities and investment in the US.But this moment is different

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