Pricemoov, a Paris, France-based provider of price management and optimization solutions, raised $10M in Series A funding.
The rounds led by ISAI and Bpifrance Digital Venture.
The company intends to use the funds to grow its team, invest in product development, and expand its presence internationally.
Led by CEO Pierre Hebrard, Pricemoov is a provider of price management and optimization solutions that help businesses engage in digital commerce, adapt to market dynamics, and empower sales teams. Featuring data science, end-to-end automation, and a user experience, its cloud-native platform enables B2B and B2C companies to manage their revenue potential with smart pricing.
This funding round comes as Pricemoov closes out a fiscal year of growth. The company saw a 150% annual increase in revenue and grew its customer base by 200%, including new customers Jokr, Recommerce, Samkaup, and Audi on demand. This commercial expansion was accompanied by Pricemoov doubling its team and geographical growth in both Europe and the USA.
FinSMEs
12/04/2023