Dynamic Pricing AI

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Dynamic Pricing AI - overview

Established

2017

Location

Sofia, -, Bulgaria

Primary Industry

Software

About

Based in Sofia, Bulgaria, and co-founded in 2017 by Simeon Lukov (CEO), Dynamic Pricing operates as an e-commerce software platform that offers retail pricing management services to businesses. In February 2023, Dynamic Pricing AI raised EUR 400,000 in venture funding from new investor Vitosha Venture Partners. The firm’s software platform assists businesses in efficiently managing their pricing and promotional activities. The company’s services include competition monitoring, end-to-end pricing process management driven by artificial intelligence, and intention-based marketing for targeted retail searches.


The company intends to use the February 2023 funding to expand its market reach, target new customer segments and develop innovative product functionalities.


Current Investors

Vitosha Venture Partners, Sofia Angels Ventures

Primary Industry

Software

Sub Industries

Market Research & Consulting, Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.dynamicpricing.ai

Verticals

Artificial Intelligence

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Dynamic Pricing AI - timeline of key events

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Dynamic Pricing AI - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)81,000187,000---
% Revenue Growth (YoY)-130.9%---
EBITDA (USD)20,0002,000---
Operating Income (USD)20,000----
Operating Margin24.7%----
% EBITDA Margin24.7%1.1%---
NET Income (USD)20,000----
% Net Margin24.7%----

Dynamic Pricing AI - employee data

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