Luca is an AI-powered pricing co-pilot designed to assist retail operators in maximizing revenue and profit. The company addresses the underleveraged potential of pricing strategy in the retail sector, allowing teams to move beyond spreadsheet decision-making and cost-plus margin targets. Founded in 2022 by individuals with experience in building pricing tech at Uber, Luca's AI technology is positioned to revolutionize retail pricing. The company has attracted noteworthy support, with Y Combinator, Menlo Ventures, Soma Capital, and Karman Ventures backing it. The recent Seed Round investment in 06 April 2023 underscores growing interest in Luca's potential to reshape retail pricing strategies. With a focus on AI and retail, Luca appears poised for significant impact in the industry.
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