Last deal

$167.9K
Local Amount - EUR 150K

Amount

Pre-Seed

Stage

01.06.2019

Date

2

all rounds

$398.57K

Total amount

date founded

Financing round

General

About Company
RapidPricer uses AI to automate pricing and promotions for retailers.

Industry

Sector :

Subsector :

founded date

01.10.2018

Number of employees

Company Type

For Profit

Last funding type

Pre-Seed

IPO status

Private

Description

The company's deep learning algorithms and machine vision enable retailers to dynamically price and promote products based on real-time value, competition, product lifecycle, and market conditions. RapidPricer's expertise in retail pricing allows for the computation of merchandising actions for real-time execution in a retail environment. By automating pricing and promotions, RapidPricer helps retailers increase margins and reduce waste. With capabilities in artificial intelligence and deep learning, RapidPricer is well-positioned to assist retailers in optimizing their pricing strategies.
Contacts

Contact Email

Phone number

Social url

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Financials

Funding Rounds
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2

Number of Funding Rounds

$398.57K

Money Raised

Their latest funding was raised on 01.06.2019. Their latest investor Collider. Their latest round Pre-Seed

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.06.2019
1
$167.9K
Local Amount - EUR 150K
10.10.2018
3
$230.66K
Local Amount - EUR 200K
Co-Investors
Investors
4
0

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
No
Pre-Seed
No
Pre-Seed
No
Pre-Seed
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People

Founders
2
Lohith Amrendra
Lohith Amrendra

Lohith Amrendra

Co-founder of RapidMathematix

current job

RapidMathematix
RapidMathematix

organization founded

3

Lohith Amrendra

Kiran Gange
Kiran Gange

Kiran Gange

CEO and Co-founder of RapidMathematix

current job

RapidPricer
RapidPricer

organization founded

3

Kiran Gange

Employee Profiles
1
Kiran Gange

Kiran Gange

CEO

Activity

Recent News
0