5 years ago

Prisync Raises $1.1 Million Seed to Automate Competitor Price Tracking

  • Turkish SaaS startup Prisync, which helps ecommerce businesses automate competitor price tracking and price optimization, has raised $1.1 million in a seed funding round led by Turkish early-stage VC Collective Spark with participation from Berlin-based ESOR Investments

  • Founded in 2013 by Burc Tanir, Samet Atdag & Neslihan Sirin Saygili, Prisync enables ecommerce businesses of all sizes to automate competitor price tracking and price optimization processes

  • The company plans to use the investment to fuel its product development and grow its global customer base.

      • ProblemTechnology

      "Ecommerce businesses, especially small and medium-sized ones, struggle to effectively track and optimize their prices against competitors, often relying on manual methods or neglecting this aspect altogether."

      Solution

      "Prisync is a SaaS platform that automates competitor price tracking and optimization for ecommerce businesses. It allows users to monitor competitor prices, track stock availability, receive instant change notifications, and utilize a dynamic price engine for automated repricing. The platform is accessible as a subscription service with various pricing plans based on the number of products tracked and is also available as a plugin for Shopify and Magento."

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