PriceSpider

PriceSpider is a digital commerce solutions provider that enhances retailer and brand performance through innovative analytics and omnichannel strategies, enabling seamless consumer engagement and informed decision-making. PriceSpider, founded in 2004 in Irvine, US, delivers advanced digital commerce solutions. Co-founders Anthony Ferry and Jon Pfortmiller led the company, with Anthony Ferry currently serving as CEO. PriceSpider has completed a total of 1 deal, with the most recent round occurring on 9 October 2018, when Frontier Capital invested an undisclosed amount.

PriceSpider offers a suite of products and services that improve digital commerce efficiency. Their solutions encompass shoppable media, omnichannel commerce, and retail intelligence, linking shopping agents to retailer conversions. Utilizing advanced analytics and AI, PriceSpider optimizes shopping experiences for over 32,000 global retailers and 2,000 brands across 90 countries, focusing on markets in North America, Europe, and Asia. PriceSpider operates a B2B revenue model, partnering with retailers and brands through subscription-based access to their analytics and commerce solutions.

Their offerings include flagship products like Prowl for price and stock intelligence, allowing clients to monitor competitor activities and stock levels. This revenue structure fosters long-term partnerships, integrating PriceSpider's technologies into client operations to enhance performance across sales channels. PriceSpider plans to leverage its latest investment from October 2018 to expand product offerings and accelerate growth. The company is exploring new product launches designed to enhance analytics capabilities and improve customer engagement, targeting rollout by late 2023.

Additionally, plans are in place to penetrate emerging markets in Asia and Latin America by 2024, utilizing advanced analytics tools to further support their client base.