About PriceLabs
PriceLabs is a company based in Chicago (United States) founded in 2014 by Richie Khandelwal and Anurag Verma.. PriceLabs has raised $30 million across 1 funding round from investors including Summit Partners. PriceLabs has completed 1 acquisition, including Rental Scale-Up. PriceLabs offers products and services including Dynamic Pricing, Portfolio Analytics, Market Dashboards, Revenue Estimator Pro, and Airbnb Description Generator. PriceLabs operates in a competitive market with competitors including Beyond Pricing, Wheelhouse, Smart Host, RoomDots and Avengo, among others.
- Headquarter Chicago, United States
- Founders Richie Khandelwal, Anurag Verma
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Sectors
Travel & Hospitality
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Phone
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Website
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Social
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- Legal Name Pricelabs Revenue Solutions Private Limited
- Date of Incorporation 06 Sep, 2023
- Jurisdiction Pune City, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 1 rounds
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Latest Funding Round
$30 M (USD), Series A
Jun 28, 2022
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of PriceLabs
PriceLabs offers a comprehensive portfolio of products and services, including Dynamic Pricing, Portfolio Analytics, Market Dashboards, Revenue Estimator Pro, and Airbnb Description Generator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates data-driven pricing for vacation rentals to maximize revenue.
Analyzes booking patterns and performance for property managers.
Provides actionable market data for revenue optimization strategies.
Offers instant revenue estimates for any property address globally.
Generates AI-powered titles and descriptions for listings.
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Funding Insights of PriceLabs
PriceLabs has successfully raised a total of $30M through 1 strategic funding round. The most recent funding activity was a Series A round of $30 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $30.0M
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First Round
First Round
(28 Jun 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - PriceLabs | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PriceLabs
PriceLabs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Summit Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Summit Partners is recognized as a growth equity investment firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PriceLabs
PriceLabs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rental Scale-Up. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Travel insights and rental strategies are shared via a blog.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PriceLabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pricelabs Comparisons
Competitors of PriceLabs
PriceLabs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Beyond Pricing, Wheelhouse, Smart Host, RoomDots and Avengo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Pricing management software based on data analytics
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| domain | founded_year | HQ Location |
Web-based revenue management software is provided for vacation rentals.
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| domain | founded_year | HQ Location |
Pricing manager SaaS for Vacation rentals
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| domain | founded_year | HQ Location |
RoomDots is a pricing management system designed for vacation rentals.
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| domain | founded_year | HQ Location |
Provides web-based revenue management solutions tailored for vacation rental operators.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pricelabs
Frequently Asked Questions about PriceLabs
When was PriceLabs founded?
PriceLabs was founded in 2014 and raised its 1st funding round 8 years after it was founded.
Where is PriceLabs located?
PriceLabs is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is PriceLabs a funded company?
PriceLabs is a funded company, having raised a total of $30M across 1 funding round to date. The company's 1st funding round was a Series A of $30M, raised on Jun 28, 2022.
What does PriceLabs do?
PriceLabs was founded in 2014 in Chicago, United States, as a revenue management tool for the vacation and short-term rental sector. Real-time factors including neighborhood occupancy rates and demand forecasts are analyzed to establish optimal rental prices. The service is currently offered free of charge as of October 15, with plans to introduce fees in the future. Operations focus on enhancing pricing accuracy for property owners in this industry.
Who are the top competitors of PriceLabs?
PriceLabs's top competitors include Beyond Pricing, Wheelhouse and Smart Host.
What products or services does PriceLabs offer?
PriceLabs offers Dynamic Pricing, Portfolio Analytics, Market Dashboards, Revenue Estimator Pro, and Airbnb Description Generator.
How many acquisitions has PriceLabs made?
PriceLabs has made 1 acquisition, including Rental Scale-Up.
Who are PriceLabs's investors?
PriceLabs has 1 investor. Key investors include Summit Partners.