Profitero Raises €750K in Funding

Published On December 18, 2011 |

Profitero, a Dublin, Ireland-based provider of a competitive intelligence service for online retailers, recently raised €750k in funding.

The round was led by the Bank of Ireland Start-up and Emerging Sectors Equity Fund, managed by Delta Partners, with participation from Enterprise Ireland.

The company intends to use the capital to continue to develop its product and expand into the European and US markets.

Established in 2010 by by CEO Vol Pigrukh, CTO Dmitry Vysotski, and VP Engineering Kanstantsin Chernysh, Profitero provides retailers with an online service for monitoring their competitors’ prices, stock availability and shipping charges. It currently monitors 27.5 million products across 2,500 retail websites.
Clients include Tesco Direct, Worten, and market research firm Nielsen.

The company also has offices in Belarus.

FinSMEs

18/12/2011

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