Upstream Commerce provides a cloud-based pricing and assortment intelligence solution that uses advanced artificial intelligence, semantic analysis and data-mining to help retailers track and analyze competitor pricing and assortments. The company was founded in 2010 by Amos Peleg and Shai Geva and is based in Tel-Aviv, Israel. It services customers worldwide, including Toys "R" Us and Staples, and currently tracks millions of products with billions of quality intelligence data points. The product combines AI, semantic analysis and data-mining technology to surface competitive insights for retailers. The company intends to use the proceeds from the latest financing for product and technology development. Upstream Commerce offers a cloud-based, automated competitive pricing and product analytics platform that helps e-retailers set prices based on market conditions. The service continuously crawls competitors’ sites 24/7 and analyzes data such as promotions, product assortment and recent pricing changes. It synthesizes that information into actionable insights to help customers proactively adjust pricing. The company was founded by Amos Peleg and Shai Geva, who previously held executive roles at Mercado Software (acquired by Omniture, now Adobe). TechCrunch reports the startup has secured external funding but does not disclose revenue, user counts, or other operating metrics. The article does not describe specific future product plans or additional financial details.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2013