InterPrice Technologies, Inc.

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InterPrice Technologies, Inc. - overview

Established

2020

Location

New York, NY, US

Primary Industry

Financial Services

About

InterPrice Technologies, Inc. is a technology company that provides innovative software solutions aimed at enhancing operational efficiencies across various sectors, including finance, healthcare, and retail. Founded in 2020 and headquartered in New York, US, InterPrice Technologies specializes in advanced software applications and technology services. The company was established by Olga C.


Chin, who has a history of entrepreneurial ventures. InterPrice has successfully completed 2 deals, most recently raising USD 7. 3 mn in a Series A round on November 2, 2022, led by DRW Venture Capital and Nasdaq Ventures, with participation from Bowery Capital. The total amount raised to date stands at USD 7.


3 mn, with a current company valuation of USD 31. 82 mn. InterPrice Technologies specializes in providing innovative solutions tailored for various sectors, focusing on enhancing operational efficiencies and fostering growth. The company's core product offerings encompass a range of advanced software applications and technology services aimed at streamlining business processes.


These solutions address specific use cases such as data management, analytics, and workflow automation, which are critical in today's rapidly evolving business environment. Targeting industries such as finance, healthcare, and retail, InterPrice serves a diverse client base that includes both small to medium-sized enterprises and large corporations seeking to modernize their operations. Notably, their products are marketed across key geographical regions including North America, Europe, and parts of Asia, catering to a global audience in search of technological advancements. InterPrice Technologies generates revenue through a combination of subscription-based services and direct sales of their software applications.


Clients typically engage with the company through annual licensing agreements, enabling them to access a suite of tools designed for optimizing their operations. The transaction structure often involves tailored pricing plans based on the specific solutions selected, with clients benefiting from ongoing support and updates. Key offerings include their flagship software, which operates on a tiered pricing model, allowing customers to choose packages that best fit their operational needs. By fostering strong relationships with clients through effective partnerships and continuous engagement, InterPrice enhances its revenue potential while delivering high-value solutions to its user base.


Following the recent Series A funding of USD 7. 3 mn, InterPrice Technologies plans to accelerate product development and broaden its asset portfolio. The company aims to strengthen its position both in the United States and internationally, targeting expansion into additional markets in North America and Europe by late 2023. The funding will facilitate the design and launch of new products, enhancing their existing offerings to meet emerging client needs.


Current Investors

Bowery Capital, Chaos Theory Ventures, Operator Partners

Primary Industry

Financial Services

Sub Industries

e-Financial, Analytics & Performance Software

Website

www.interpricetech.com

Verticals

Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

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