5 years ago
BlackCurve Secures £1 Million to Help Retailers Optimize Pricing with AI
BlackCurve, a London-based SaaS startup, has raised £1 million in a funding round led by Chairman Martin Fincham
The round also saw participation from Nauta Capital, The Cambridge Angels Network, and the UK Government's Future Fund initiative
The company's AI-powered pricing optimisation platform helps retailers manage and optimize product pricing to achieve business goals
BlackCurve will use the funding to expand its team, develop its software, and scale its client base.
ProblemTechnology
"Online retailers struggle to optimise pricing to maximise profits due to the complexity of managing vast inventories and dynamic market conditions."
Solution
"BlackCurve offers an AI-powered pricing optimisation platform that automates price management, using data analysis and machine learning to help retailers set optimal prices and maximise profitability."