Barcelona’s Optimus Price lands €1 million for its AI-based pricing software

Funding Rounds

▤ Summary

Based in Barcelona, Optimus price offers a SaaS solution that uses AI to improve sales performance – in both the ecommerce and physical store space. With increased movements to digitalisation across sectors, price optimisation has become seen as an important feature for the future. The young company has seen impressive growth in recent months, stating that its MRR has increased by 1,800%! In addition, big clients such as Nestlé, Risi or SGS have been added to the portfolio, with partners such as Seidor and a presence on eBay as well as having the support of Wayra, Telefónica’s open innovation hub. We are glad to see the interest that our commercial traction has generated.” The investment will be used to scale operations in Europe, integrate the platform in new channels, and develop new artificial intelligence algorithms to optimize prices and demand for new sectors and products.

$ Funding

$
Amount $1.1M Total raised
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Date February 15, 2022 Announcement date
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Investors - Lead investors
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Company http://www.optimusprice.ai Funded company

▥ Classifications

industries
No industries detected
applications
AI & Machine learning

◇ AskAI Classifications

Labels
Artificial Intelligence Pricing Software SaaS

▦ Linked Companies

Optimus Price
$1M to $5M