Quicklizard
AI-based Pricing Optimization Software for Retailers
Company Overview
Snapshot
Founded in May 2010 by Pini Mandel and Yossi Cohen, Quicklizard operates with 51–200 employees. The company has raised a total of $18.58M across 4 funding rounds from 4 investors. In February 2025, Quicklizard was acquired by Riverwood Capital.
Business overview
Quicklizard develops AI-based pricing optimization software designed for retailers. Its core technology leverages semantic analysis to process internal data, such as inventory and sales history, alongside external data like competitor catalogs. This enables the software to calculate optimal pricing strategies for each product or service, identifying market trends and responding in real-time with pricing suggestions. The company's solutions aim to maximize profits and increase sales for businesses in the e-commerce and retail sectors.
Strategic signal
In February 2025, Quicklizard was acquired by Riverwood Capital. This acquisition signals a strong validation of Quicklizard's AI-based pricing optimization technology and its market relevance, indicating a strategic move by Riverwood Capital to enhance its portfolio with advanced retail technology solutions. For investors, this highlights the increasing value placed on AI-driven tools that deliver tangible financial benefits in the retail sector.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate milestone for Quicklizard in early 2025?
- In February 2025, Quicklizard was acquired by Riverwood Capital, marking a key exit event for the company.
- What strategic partnership did Quicklizard announce in September 2023?
- In September 2023, Quicklizard partnered with UST to collaborate on dynamic pricing solutions for retailers, as reported by MarTech Cube.
- When did Quicklizard expand its operations into Australia and New Zealand?
- In May 2021, Quicklizard signed a distribution deal to expand its presence into Australia and New Zealand.
- What significant agreement did Quicklizard secure in June 2021?
- In June 2021, Quicklizard signed an agreement with IKEA South Asia, expanding its reach into the South Asian market.