Profasee
850 N 11th Ave, Hollywood, FL, 33019, United States
Overview
Profasee is a Miami, Florida–based dynamic pricing platform that enables Amazon brands to predict the optimal price for each product at every moment. Its AI analyzes Amazon shopper data in real time, combining machine learning, statistical science, and behavioral economics to pinpoint pricing. After onboarding that links a seller's Amazon storefront, users provide cost, typical selling price, and minimum/maximum price, and Profasee dynamically adjusts prices based on demand, Amazon rankings, time of day, and day of week. In July 2022 the company raised $2.3 million in a seed round led by Silicon Valley investor Defy.vc. Profasee plans to use the funding to accelerate its product roadmap and make strategic hires, including data scientists and a go-to-market expert. The company operates in the ecommerce software space and markets its pricing optimization directly to Amazon sellers.
- Total raised
- $2M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Jul 2022
Industries
- E-Commerce
Recent funding
Seed
Jul 2022
$2M
Team
Chad Rubin
Founder and CEO
LinkedIn