About Pricence
Pricence is a Retail company based in Rishon Lezion (Israel) founded in 2013. Cloud-based price recommendations are provided for online retailers. Pricence offers products and services including Pricence Platform. Its focus areas include E-Commerce Enablers, E-Commerce Sellers, Enablers and Diversified.
Company details
Pricence is a cloud-based price recommendation solution for online retailers. It analyses customer behaviour and historical sales data using multi-variant testing and a price optimisation algorithm to modify price to maximise business goals. It recommends optimum price point for each product, for a segment of customers and for a specific period of time. It has won MasterCard Israel Technology Award in 2014 and was part of the third class of Citi Accelerator.
- Headquarters Rishon Lezion, Israel
- SectorsRetail
- Email••••••••
- Website pricence.com
- Social LinkedIn
- Latest Funding Round$25K (USD), Grant
Sep 2014
- Investors
Products & Services of Pricence
Pricence offers a comprehensive portfolio of products and services, including Pricence Platform.
Automates price adjustments to optimize revenue for eCommerce stores.
Funding Insights of Pricence
- Total Rounds 1
- Last Round Grant — $25,000
- First Round $25,000
(Sep 2014)
- Investors Count 1
All 1 funding rounds of Pricence with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2014 | $25,000 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Pricence
Pricence has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Mastercard.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global payments are processed via card network connections. | 1966 | mastercard.com | Purchase, United States |
Investor details for Pricence
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Pricence
2 dated milestones of Pricence across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Pricence is founded.
- Funding First funding round of $25K.
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Frequently Asked Questions about Pricence
Pricence was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Pricence is headquartered in Rishon Lezion, Israel.
Pricence is a cloud-based price recommendation solution for online retailers. It analyses customer behaviour and historical sales data using multi-variant testing and a price optimisation algorithm to modify price to maximise business goals. It recommends optimum price point for each product, for a segment of customers and for a specific period of time. It has won MasterCard Israel Technology Award in 2014 and was part of the third class of Citi Accelerator.
Pricence offers Pricence Platform.
Pricence has 1 investor. Key investors include Mastercard.