Australian AI-driven price comparison platform Zyft has raised $7.5 million in private investment, led by PSC Insurance founder Paul Dwyer, bringing its valuation to $37.5 million. The funding will support expanded AI development, product innovation, and user growth.
Zyft also announced the appointment of Richard Stevens, former CEO of LocalAgentFinder, as its new Chief Executive Officer. Stevens said he was excited to accelerate Zyft’s product roadmap and strengthen retailer partnerships to enhance shopping transparency for consumers.
Zyft founder Damien Waller stated that with the new funding and leadership, the company is positioned to scale its mission of creating a smarter, more transparent retail experience.
Since launching in 2019, Zyft has served over 550,000 users across 50,000 retailers.
Featured image: Credit: Zyft
