Frictionless Commerce
Latest round
- Series D
Last raised
- Feb 2005
Total raised
- $28M
Investors
- 7
About Frictionless Commerce
Frictionless Commerce, founded in 1998 in Cambridge, US, specializes in pricing solutions for businesses. The company has undergone strategic pivots to adapt to market demands. The founder, Mario Corona, has a history of entrepreneurship, having founded other companies. In May 2006, the company was acquired by SAP for an undisclosed sum.Frictionless Commerce specializes in providing streamlined pricing solutions, primarily enhancing the efficiency of the purchasing process for clients. Their core offering includes a robust pricing platform designed for businesses seeking competitive pricing within a rapid timeframe, promising responses in less than 24 business hours. This service is particularly beneficial for companies in e-commerce and retail, assisting them in informed purchasing decisions and improving operational efficiency.Frictionless Commerce generates revenue through a service-based transaction model, where clients utilize the pricing platform for tailored pricing information. The revenue structure is predominantly B2B, focusing on partnerships with businesses requiring expedited pricing solutions. Clients enter agreements involving fees for pricing services, which vary based on complexity and urgency, ensuring steady cash flow through consistent service usage. The company is targeting new markets in Europe and Asia by 2025, aiming to broaden its geographic reach and client base.
Who invested in Frictionless Commerce
7 investors across 3 rounds
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Questions about Frictionless Commerce
Who invested in Frictionless Commerce?
Frictionless Commerce has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Frictionless Commerce raised?
Frictionless Commerce has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Frictionless Commerce last raise money?
Frictionless Commerce's most recent round on record is a Series D, in Feb 2005.
What does Frictionless Commerce do?
Frictionless Commerce, founded in 1998 in Cambridge, US, specializes in pricing solutions for businesses.
Where is Frictionless Commerce headquartered?
Frictionless Commerce is headquartered in Cambridge, US.
Which VCs invest in companies like Frictionless Commerce?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Frictionless Commerce's stage. Their profiles are linked below.
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