See other companies on Welcome to the Jungle
Competera
Dynamic pricing platform for retailers
- 21-100 employees
- B2B
- Artificial Intelligence
- Marketplace
- Big data
- Analytics
- Machine Learning
- SaaS
- Automation
- East New York, NY
Jump to section
Company mission
To free retailers from pricing routine and save their time for more meaningful things.
Few candidates hear
back within 2 weeks
Our take
Traditional retail pricing is often inefficient, relying on manual processes and outdated data. This struggle to find the right price can lead to lost customers and revenue, and margin erosion, leaving retailers frustrated and in search of a better solution.
Competera's AI-powered price optimization platform provides real-time market data, automated rules, and recommendation engines. Its algorithms analyze over 20 factors, including competitor behavior, promotions, and demand trends, to suggest optimal prices. This data-driven approach helps retailers maximize profits while considering market dynamics and customer preferences.
Recently closing a successful funding round, Competera plans to enhance its AI capabilities, broaden its service offerings, and scale its operations. With this, the company is well-positioned to capture a significant share of the retail pricing market.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Meaningful work in an agile team ever-open to the experiments
- Fair payout with regular performance-based reviews
- Remote-first ideology: freedom to operate from the home office
- Working hours that adapt to your biorhythm and no time tracking systems on
- Want to learn? Competera loves that and is eager to cover 70% of your training/course fee
- Paid vacation & sick leaves (20 business days each) + 15 days off
- Partial medical insurance coverage
Company values
- We build trustful and safe relationships
- We value teammate’s time even more than our own
- We share our knowledge
- We prefer result to perfect process
- We outsmart ourselves: improve for the bigger good
Funding (last 2 of 7 rounds)
Jan 2024
$3m
SEED
Apr 2022
$0.2m
SEED
Total funding: $8m
Leadership
Alex Galkin
(CEO)A Mentor at Founder Institute and Startup Wise Guys. Previously co-founded PGP Innovative Consulting and Artais and also served as the CEO of Razzom.