See other companies on Welcome to the Jungle

Competera

Dynamic pricing platform for retailers

Competera logo
21-100 employees
  • B2B
  • Artificial Intelligence
  • Marketplace
  • Big data
  • Analytics
  • Machine Learning
  • SaaS
  • Automation
East New York, NY

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Traditional retail pricing is often inefficient, relying on manual processes and outdated data.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 headshot

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

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.

Job (1)

All locations

Data