Price f(x), a Pfaffenhofen, Germany-based pricing optimization software company, closed a €4m funding round.
Backers included Credo Ventures and Talis Capital.
The company intends to use the funds to expand its existing commercial operations in North America, Europe and Asia.
Led co-founder and CEO Marcin Cichon, Price f(x) provides a full suite of SaaS-based pricing optimization tools which give medium and large corporations control and visibility over their margins and profitability. Among other functionalities, the platform allows sales forces with a Configure Price and Quote (CPQ) functionality to speed up the closing process, identify upselling and cross-selling opportunities and manage on- and off-invoice discounts and rebates.