BlackCurve announced raising a £1 million funding round led by Martin Fincham and including Nauta Capital
BlackCurve, a London, UK_based SAAS developer of pricing software, announced securing a funding round totalling £1 million ($1.4M).
The money was raised from investors led by their Chairman, Martin Fincham, with participation from Nauta Capital, The Cambridge Angels Network and other angel investors, members of The ScaleUp Group. The deal was bolstered by a matching contribution from the UK Government’s Future Fund.
BlackCurve, founded in 2016 by Philip and Charles Huthwaite, develops a pricing optimisation platform helping retailers manage and optimise the price of every item they sell to achieve their business goals. This SaaS platform, powered by Artificial Intelligence, ingests data sources ranging from sales history and web shop transactions, through to competitor pricing and stock levels, enabling every retailer to create and enforce smart pricing rules for their business.