Feedvisor uses machine learning to track market dynamics and apply a dynamic pricing algorithm while managing inventory replenishment for sellers on marketplaces like Amazon and eBay. The platform is adopted across multiple verticals and the typical customer generates at least $1 million in gross merchandise volume. Feedvisor now manages more than $2 billion in goods sold through marketplaces. The company says it aims to attract larger clients over time. To support that growth it plans to double its workforce and heavily expand its New York City office. Feedvisor was founded in Israel and also has offices in New York City and Seattle. Feedvisor is a Tel-Aviv, Israel–based provider of a price automation platform that uses machine learning algorithms to set dynamic pricing. Its platform analyzes market dynamics, changes in demand, and price perception so retailers do not need to continuously program pricing rules. The solution is used by hundreds of online retailers worldwide and manages over $1.5 billion in gross merchandise volume. Feedvisor will use the new capital to continue accelerating growth and global business expansion, including opening offices in the US. The company is led by CEO and Founder Victor Rosenman. Feedvisor has raised $13m to date. Feedvisor is an algorithmic pricing and business intelligence platform that targets retailers selling on Amazon. Its product uses self-learning algorithms to monitor competitors' prices, product demand, and price elasticity to determine optimal pricing aligned with retailers' business objectives. The company says its platform manages over $1 billion in inventory for users. Feedvisor positions its technology as adaptable to other marketplaces and traditional eCommerce, though it currently focuses on Amazon. The team plans to use new funding primarily for research and development to strengthen its repricing offering and to expand its business intelligence service. Feedvisor's stated goal is to provide online business owners with all the information they need to grow their businesses in one place. Feedvisor, based in Tel Aviv, provides a self-learning algorithmic repricing platform for online retailers. Founded in 2011 by CEO Victor Rosenman, the company analyzes competitive environment, product demand, and price elasticity to calculate and continuously adjust optimum prices to meet retailers' business objectives. It recently launched a SaaS solution targeted at Amazon Marketplace sellers worldwide and its latest version integrates Amazon's Subscriptions API. Feedvisor is used by hundreds of retailers across the globe and operates on a success-based, pay-as-you-go fee model. The company plans to use new funding to further develop the product and accelerate global growth.

Total raised

$33M

Funding rounds

4

Latest round

Series B

Latest activity

Jan 2017