Price f(x)

SoftwareSeries CPfaffenhofen, Germanypricefx.com

Latest round

Series C

Last raised

Jul 2020

Total raised

$133M

Investors

6

About Price f(x)

Price f(x) AG, founded in 2011 in Pfaffenhofen, Germany, develops innovative pricing software. The company has undergone strategic investments to expand its offerings and capabilities. The founders of the company are Marcin Cichon and Martin Wricke, with Ronak Sheth currently serving as CEO.Pricefx specializes in AI-based pricing software designed to optimize pricing strategies and enhance revenue management for businesses across various industries. Its core offerings include PricingAI, a solution powered by large language models and composable AI technology, which facilitates real-time pricing adjustments and enhances pricing decision-making processes. The software aims to address common challenges such as margin leaks and inefficient pricing strategies by providing automation tools and advanced analytics. Pricefx serves a diverse client base that includes automotive, manufacturing, and distribution sectors, providing its services in key geographical markets such as North America, Europe, and Asia-Pacific.35 mn. The company is focusing on launching new features for its PricingAI solution to improve user experience and functionality. Plans are in place to penetrate further into the Asia-Pacific region by 2024, aligning with their growth strategy.

Who invested in Price f(x)

6 investors across 5 rounds

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Funding rounds

  1. Series C

    Jul 14, 2020

    Amount

    $65M

    Investors

    Locked

  2. Series B

    Nov 26, 2019

    Amount

    $25M

    Investors

    Locked

  3. Series B

    Dec 19, 2018

    Amount

    $29M

    Investors

    Locked

  4. Series A

    Jan 8, 2018

    Amount

    $10M

    Investors

    Locked

  5. Series A

    Dec 20, 2016

    Amount

    $4.2M

    Investors

    Locked

Questions about Price f(x)

Who invested in Price f(x)?

Price f(x) has 6 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Price f(x) raised?

Price f(x) has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Price f(x) last raise money?

Price f(x)'s most recent round on record is a Series C, in Jul 2020.

What does Price f(x) do?

Price f(x) AG, founded in 2011 in Pfaffenhofen, Germany, develops innovative pricing software.

Where is Price f(x) headquartered?

Price f(x) is headquartered in Pfaffenhofen, Germany.

Which VCs invest in companies like Price f(x)?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Marktlink Capital back software companies at Price f(x)'s stage. Their profiles are linked below.

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