Tech Company Financing Transactions
PriceLabs Funding Round
On 7/28/2022, PriceLabs raised $30 million in investment from Summit Partners.
Transaction Overview
Company Name
Announced On
7/28/2022
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Summit Partners (Colin Mistele)
Proceeds Purpose
This funding represents the first financing for the profitable business and will support PriceLabs' continued commitment to building leading revenue management solutions and fuel global team growth.
Company Information
Company Status
Private & Independent
Industry
SalesTech
Mailing Address
73 W Monroe St.
Chicago, IL 60603
USA
Chicago, IL 60603
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Small businesses in the accommodation space deserve AI and analytical tools often restricted to large companies. In 2014, while running an Airbnb, we realized we (and many others) were leaving money on the table. This is because we weren't pricing based on the basics of demand and supply.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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