# Competera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/competera

- Industry: Software
- Headquarters: West Hollywood, US
- Website: www.competera.net/
- Total disclosed funding: $3M
- Latest round: Seed (Jan 29, 2024)
- Investors on record: 6

## About

Based in California, US, and founded in 2014 by Chief Executive Officer Alexander Galkin and Chief Operating Officer Alexander Sazonov, Competera Limited operates as an information technology company that offers artificial intelligence-based software-as-a-service to automate product pricing in the retail industry. In January 2024, Competera Limited raised USD 3 million in seed funding led by StratMinds, with participation from Verras Capital, SMRK VC Fund, Transform VC, and Flyer One Ventures.  

Competera Limited developed a pricing platform, that supports clients with pricing for their product portfolio on the basis of machine learning and deep learning algorithms and market factors. The company offers a variety of products including competitive data, pricing automation, and price optimization. As of 2024, the firm provides solutions to a wide range of industries such as automotive supplies, home improvement, sporting goods, health and wellness, pet supplies, grocery and consumables, apparel and footwear, electronics, and many more. As of 2024, the company’s client base consists of Sephora, Flaconi, Balsam Brands, Harvey Norman, Wiggle, Starboard, Novus, and many more.

## Funding rounds

- Seed, Jan 29, 2024, $3M — SMRK VC Fund, Transform VC, Flyer One Ventures, StratMinds, Geek Ventures, Verras Capital

## Investors

- SMRK VC Fund (https://capitalatlas.ai/funds/smrk-vc-fund) — Seed
- Transform VC (https://capitalatlas.ai/funds/transform-vc) — Seed
- Flyer One Ventures (https://capitalatlas.ai/funds/flyer-one-ventures) — Seed
- StratMinds (https://capitalatlas.ai/funds/stratminds) — Seed
- Geek Ventures (https://capitalatlas.ai/funds/geek-ventures) — Seed
- Verras Capital (https://capitalatlas.ai/funds/verras-capital) — Seed