Price Backers

Company Overview

Snapshot

Founded in March 2020 by Omer Ashkenazi, Jonathan Tousson, and Efraim Hazony, Price Backers operates with 1–10 employees. The company secured $140,000 in total capital across one funding round from three investors. In March 2022, Price Backers participated in the Techstars Tel Aviv accelerator program.

Business overview

Price Backers provides an eCommerce SaaS solution designed to enhance customer retention for online sellers. The company's core technology is a Trust Relationship Management (TRM) system that builds customer confidence through a unique, automated price protection policy. This solution aims to foster trust and incentivize repeat business for online shops, operating within the Business Software sector, specifically targeting e-Commerce Tools and serving online retailers globally.

Strategic signal

In March 2022, Price Backers was selected for the Techstars Tel Aviv accelerator program. This participation signals external validation of the company's innovative approach to eCommerce customer retention and provides access to mentorship and resources, which could be a catalyst for strategic development and market expansion for its TRM solution.

Company Intelligence Q&A

What is Price Backers' primary offering?

Price Backers offers an eCommerce SaaS solution focused on customer retention for online sellers, utilizing a Trust Relationship Management (TRM) system.

When was Price Backers founded and by whom?

Price Backers was founded in March 2020 by Omer Ashkenazi, Jonathan Tousson, and Efraim Hazony.

What was a significant milestone for Price Backers in 2022?

In March 2022, Price Backers participated in the Techstars Tel Aviv accelerator program.

What is the total capital raised by Price Backers?

Price Backers has raised $140,000 in total capital across one funding round.

What is the current operational status of Price Backers?

Price Backers is currently non-active, having ceased operations in February 2023.