# Luca Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/luca-software

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.askluca.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Apr 26, 2023)
- Investors on record: 4

## About

Based in California, US, and founded in 2022, Luca Software Inc. a.k.a. Luca operates as a developer of software solutions for electronic commerce companies to automate their pricing strategies. In April 2023, Luca Software Inc. raised USD 2.5 million in seed funding led by Menlo Ventures, with participation from Soma Capital, Uber Alumni Syndicate, and Y Combinator.

The company provides an AI-powered co-pilot platform for enterprise retailers to identify revenue and profit headroom, as well as make recommendations for price adjustments. The platform generates price recommendations by absorbing retailers’ sales, inventory, and competitor data to forecast outcomes at different price points.

Luca plans to use its proceeds from April 2023 funding to hire more staff for its data science and engineering departments and support more retailers on its platform.

## Funding rounds

- Seed, Apr 26, 2023, $2.5M — Menlo Ventures, Y Combinator, Uber Alumni Syndicate, Soma Capital

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Uber Alumni Syndicate — Seed
- Soma Capital — Seed