Upstream Commerce

Company Overview

Snapshot

Founded in September 2010 by Amos Peleg and Shai Geva, Upstream Commerce operates with 11–50 employees. In November 2018, Upstream Commerce was acquired by Flipkart, marking a significant exit for the company.

Business overview

Upstream Commerce provides cloud-based, automated competitive pricing and product analytics solutions for retailers. The company's technology offers predictive and prescriptive analytics and competitive intelligence tools, helping businesses across more than 15 retailing categories to develop, implement, and continuously enhance pricing, merchandising, promotion, and lifecycle management. Its solutions are utilized by global retailers including Staples, Toys-R-Us, Shoebuy, Woodcraft, and eBags, operating within the Business Software sector, specifically focusing on e-Commerce Tools and Sales & Marketing Solutions.

Strategic signal

In September 2016, Lowe's Mexico selected Upstream Commerce for its retail intelligence, analytics, and price optimization solutions. This partnership underscored the company's ability to attract major international retailers and validated its competitive intelligence offerings as essential tools for market leaders seeking to enhance their pricing and promotional strategies.

Company Intelligence Q&A

What was a significant corporate development for Upstream Commerce?

In September 2018, Flipkart acquired Upstream Commerce, leading to the company's non-active status by November 2018. This acquisition represented a strategic exit for Upstream Commerce.

Which major client partnered with Upstream Commerce in 2016?

In September 2016, Lowe's Mexico selected Upstream Commerce for its retail intelligence, analytics, and price optimization solutions, highlighting the company's market relevance.

When did Upstream Commerce raise its A Round funding?

In March 2011, Upstream Commerce secured its A Round funding of $1.25 million from YL Ventures.

Which investors participated in Upstream Commerce's B Round funding?

In February 2013, Upstream Commerce raised its B Round funding with participation from.

When did Upstream Commerce receive debt financing?

In December 2014, Upstream Commerce received debt financing from Viola Credit.