Company Overview
Snapshot
Founded in November 2013 by Dr. Ron Adany, Pricence operates with 1–10 employees. The company has raised $25,000 across one funding round. In September 2014, Pricence secured funding from MasterCard.
Business overview
Pricence provides an intelligent pricing solution for e-commerce businesses, leveraging algorithms based on customer behavior and historical sales data to determine optimal price points for products. The company's core technology focuses on data analysis and decision support within the Business Software sector, serving online retailers and e-commerce platforms by optimizing pricing strategies for specific customer segments and time periods.
Strategic signal
In September 2014, Pricence received funding from MasterCard, highlighting the strategic interest of major financial technology players in intelligent pricing solutions for e-commerce. This investment signals validation for Pricence's approach to leveraging behavioral analytics for dynamic pricing, suggesting potential for broader integration within the fintech and retail ecosystems.
Log in to access full profile ›Company Intelligence Q&A
- When was Pricence founded and by whom?
- Pricence was founded in November 2013 by Dr. Ron Adany.
- Which markets does Pricence target?
- Pricence targets geomarkets including the United Kingdom and the United States, providing its intelligent pricing solutions to online retailers.
- What is Pricence's status as of November 2015?
- Pricence was designated as Non Active in November 2015.