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Home > Companies > Quicklizard
Claimed by owner Last Update 18.1.2022 Suggest Edits Claim Profile
Claimed by owner
Quicklizard logo

Quicklizard

AI-based Pricing Optimization Software for Retailers

Non Visible
Public on TASE Feb, 2021
Quicklizard
About
Lifecycle
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Gallery

About

Quicklizard has developed price optimization software that enables companies to create optimal pricing strategies based on internal and external data.
The software uses a company's specific pricing parameters, such as inventory, product and sales history, and competitor catalogues, to calculate the best pricing for each product or service. Quicklizard's semantic technology identifies trends, such as conversion drops caused by competitor discounts and conversion increases caused by out-of-stock items in the competitor market, and responds in real time with pricing suggestions for all of its clients' products, including long-tail.
Quicklizard maximizes profits and increases sales and revenues by up to 30% within a month of installation.

Founded

Business models

B2B

Employees

Product stage

Primary Sector

Retail & Marketing

Products

QL Decision Engine

Geographic markets

Australia, Europe, South Asia, North America, United Arab Emirates, New Zealand

Funding

Total Funding

$18.43M

Market Cap

$10.76M

Last Funding

$4.8M

Funding Stage

Total Rounds

3

Investors

3

The Team

(4)
PM
Pini Mandel
Co-Founder & CEO
Connect
YC
Yossi Cohen
Co-founder & CTO
Connect
YP
Yariv Peer
Co-founder & Former Director
LN
Liat Niederman
VP Marketing

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Company Lifecycle

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Public Offerings & Exits

Initial Public Offering EXIT
$13.63M
Feb 2021
Stock Exchange
TASE logo
TASE
Valuation $32.65M
$13.63M

Private Equity Funding

Seed
Undisclosed
Jun 2016
1 Investors
Undisclosed
Post-IPO Equity Funding
$4.8M
Jan 2022
2 Investors
$4.8M

Locations

Israel

HaShiloah Street 4, Petah Tikva, Israel

Offices Abroad

Adams-Lehmann-Strae 46b, Munich, Germany
8920 Randers NV, Denmark

Sector

Retail & Marketing
eCommerce & Sales
Sales Automation, Enablement & Intelligence
Price Comparison & Optimization

Core Technology

Artificial Intelligence
Machine Learning

Target Customer

Commerce & Retail
Distribution Channels
eCommerce Platforms
Omni Channel
Enterprise & Professional Services
SMBs & SMEs
Enterprises

Tags

(10)

Locations

Israel

HaShiloah Street 4, Petah Tikva, Israel

Offices Abroad

Adams-Lehmann-Strae 46b, Munich, Germany
8920 Randers NV, Denmark

Notes

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