Quicklizard

AI-based Pricing Optimization Software for Retailers

Business Software
Acquired by Riverwood Capital on Feb, 2025
Public Petah Tikva Founded 2010
Total raised
$18.6M
Last: PIPE 2022-01
Stage
Public
Founded
2010
Headcount
92
HQ
Petah Tikva
Sector
Business Software

About

Quicklizard has developed price optimization software that enables companies to create optimal pricing strategies based on internal and external data. The software uses a company's specific pricing parameters, such as inventory, product and sales history, and competitor catalogues, to calculate the best pricing for each product or service. Quicklizard's semantic technology identifies trends, such as conversion drops caused by competitor discounts and conversion increases caused by out-of-stock items in the competitor market, and responds in real time with pricing suggestions for all of its clients' products, including long-tail. Quicklizard maximizes profits and increases sales and revenues by up to 30% within a month of installation.

Funding history · 3 rounds · $18.6M total

2022-01
PIPE $4.8M
2016-06
Seed Undisclosed
2010-01
Undisclosed $150K

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutions
Technologies
Artificial IntelligenceMachine Learning
Target customers
Commerce & RetailDistribution ChannelseCommerce PlatformsOmni ChannelEnterprise & Professional ServicesSMBs & SMEsEnterprises
Business model
B2B

Tags

big-data-analyticsknowledge-technologybrowser-add-onecommercesaasonline-shoppingcompetitive-intelligencepricingmanagement-solutionsenterprise-solutions