Revenue management & dynamic pricing for rentals
Be an early applicant
Revenue management & dynamic pricing for rentals
101-200 employees
Be an early applicant
101-200 employees
To provide businesses in short-term rental space access to affordable intelligence, automation and analytical tools usually reserved for large companies.
Short-term rental platforms such as Airbnb are fantastic ways for empty properties to generate income for owners, but most users of such platforms are not optimizing their income. Prices are often lower than customers would expect and do not reflect the high rental demands in the area, and without data-driven analytics, this can be unclear.
PriceLabs provides a revenue management platform for short-term accommodation hosts, focussing heavily on automating dynamic pricing based on local events, trends, and weather. This dynamic pricing feature integrates directly within major rental marketplaces, and the platform also provides booking portfolio analytic tools, market dashboards, bulk price adjustment features, and dynamic minimum-stay rules.
With enough research, hosts of short-term accommodation rentals can rent their properties at the optimum price, but PriceLabs has recognized that this is not easy, particularly when managing a large portfolio of properties. Through its bulk listing editing tools and dynamic pricing algorithm, the company aims to augment the experience of short-term hosts, maximizing the revenue they earn from their rentals without requiring manual management.
Freddie
Company Specialist at Welcome to the Jungle
100% employee growth in 12 months
Jul 2022
$30m
GROWTH EQUITY VC
Chicago Loop, Chicago, IL
Richie Khandelwal
(Co-founder & President)Experience as Consultant for Bain & Company from 2013 to 2016. Vice President of Finance and Business Operations for MindTickle from 2018 to 2020.
Anurag Verma
(Co-founder)Senior Analyst for Finance Operations Research and Manager of Operations Research and Revenue Management for United Airline from 2012 to 2018.
Sana Hassan
(Co-founder)Experience as Technology Analyst for Infosys Technologies Ltd. from 2006 to 2009. Research Assistant for Motorola Mobility from 2010 to 2012.
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