GoalProfit Raises $655K In Pre-Seed Funding


GoalProfit, an Austin, TX- and Helsinki, Finland-based provider of a platform designed to empower retailers to build customized intelligence applications, raised $655K in Pre-Seed funding.

The round was led by Ali Omar, Henry Nilert, Pekka Ylitalo, Stas Baranov and YellowRockets VC.

The company intends to use the funds to grow its engineering and sales teams in Europe and the US. 

Founded by ex-IBM executives Maxim Morozov and Oleg Sidorkin, GoalProfit is a provider of a SaaS baased low-code retail optimization platform empowering retailers to build customized intelligence applications. Its offering is based on a proprietary data engine that allows enterprises to process billions of data points at speed and arrive at more profitable, intelligent decisions.

Since inception in early 2021, the company has released its platform and signed up several customers.

GoalProfit now offers a suite of intelligence applications for the retail industry. Price & Markdown optimization solutions are based on a fast data platform with low-code interfaces which could be customized for specific customer needs. API data integration can be established in days, and users are onboard with almost no learning curve thanks to the familiar XLS style interface.