Competera

unknown date

Company

Last deal

$3M

Amount

Seed

Stage

29.01.2024

Date

6

all rounds

$7.3M

Total amount

General

About Company
Competera helps retailers and brands increase customer trust by setting and maintaining optimal prices in real-time.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Competera Pricing Platform, Price Optimization, AI, Forecast pricing, Competera

founded date

07.04.2014

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

The platform uses deep learning algorithms to calculate and re-quantify billions of possible price combinations based on 20+ pricing and non-pricing factors, providing optimal price recommendations throughout the pricing life cycle. Competera's solution is different from traditional repricing methods, as it offers category-level pricing with algorithmic price recommendations driven by demand patterns, efficient and fast pricing management for any number of price lists, and a plug-and-play solution that requires no specific skills and takes only hours to onboard. By automating pricing and making it more effective, Competera helps pricing specialists focus on meaningful tasks and achieve strategic goals, whether it's margin growth or an increase in market share.
Contacts