Promi (Founding)

Funding Details
Awarder
YCombinator
Date Award
July 28, 2024
Vertical
B2B,Retail
Funding URL
View Funding Page
Valuation
$0

Company Info
Founding Year
2024
Company Description
Promi is a pricing and discount optimization platform. We help merchants by personalizing and dynamically setting discounts across products to maximize sales and profit. Ecommerce merchants and marketers typically use discounts to drive customer acquisition, boost sales during holidays, or liquidate inventory. But deciding on a discount to offer is typically guesswork. Who to send the discount to, how much to offer, and which products it applies to are, in the most advanced cases, determined manually by looking at past sales and seeing what worked well. In the majority of cases, it's what feels and sounds good. Promi leverages your store data to optimize discounts at a more granular level than possible manually. We dynamically determine the best value across each product, for different users, at different times in order to maximize sales and profit.
Market
B2B
Location
San Francisco, CA, USA
Coinvestors
YCombinator

Links
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