Bungee Tech

Helping retailers take control of product, category, and organization profitability. #retailpricing #pricinganalytics

General Information
Company Name
Bungee Tech
Founded Year
2017
Location (Offices)
Bellevue, United States +1
Founders / Decision Makers
Number of Employees
104
Industries
AI, Analytics, Data Analytics +2
Funding Stage
Seed
Social Media

Bungee Tech - Company Profile

Bungee Tech is an AI and retail analytics startup founded in 2017 and headquartered in Bellevue, Washington. The company specializes in providing end-to-end pricing, promotion, and assortment solutions to retailers, aiming to help them take control of product, category, and organizational profitability. With a team consisting of ex-Amazon engineers, innovators, and retail operators who played a key role in building Amazon's competitive intelligence engine, Bungee Tech offers a wealth of expertise and experience in the retail industry.

Through their pricing analytics, assortment gap management, and promotion monitoring, Bungee Tech enables retailers to understand their market position, optimize their strategy, and drive growth. The company's recent milestone includes securing a $2.90M Seed Round investment on 10 March 2019. The investment was led by prominent venture capital firms including NextGen Venture Partners and Cervin Ventures, showcasing confidence in Bungee Tech's potential to revolutionize retail pricing and analytics. Their commitment to AI-fueled analytics and integration with retailer systems positions them as a competitive player in the industry, backed by a strong financial foundation and influential supporters.

Overall, Bungee Tech's focus on leveraging technology and data to empower retailers in executing pricing strategies with confidence is poised to disrupt the retail analytics market, offering a compelling value proposition to retailers looking to stay ahead of the curve in an increasingly dynamic and competitive retail landscape.

Taxonomy: Retail Analytics, Competitive Pricing, Assortment Management, Competitive Analysis, Market Intelligence, Omnichannel Data, Competitive Intelligence, Ecommerce, Pricing Intelligence, Category Management, Price Optimization, Retail Technology, AI-powered Retail Solutions, Amazon Experience, Competitive Landscape Analysis

Funding Rounds & Investors of Bungee Tech (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $2.90M 4 10 Mar 2019
Pre Seed Round $100.00K 1 01 Jun 2018

Latest News of Bungee Tech

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No recent news or press coverage available for Bungee Tech.

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