AI Pricing Firm Buynomics Raises $30M
AI powered pricing and revenue optimisation firm Buynomics secures $30 million in Series B funding.
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Buynomics, a specialist in AI powered pricing and revenue optimisation founded in 2018, has raised $30 million in Series B funding. The round was led by Forestay Capital, with participation from Anais Ventures, VI Partners, and existing investors Insight Partners, Seedcamp, DvH Ventures, and Tomahawk Ventures.
The cash will support global expansion, with a focus on North America, and enhance Buynomics’ Virtual Shoppers AI technology.
“We see immense potential in Buynomics’ AI technology to redefine commercial decision making,” said Jonas Jeandupeux, Principal at Forestay Capital. “Their data driven approach is already changing the mindset on how companies optimise revenue and pricing strategies.”
“This is a defining moment for us,” said Sebastian Baier, Co-Founder and Managing Director at Buynomics. “This significant investment propels us into the next phase of our evolution, accelerating our expansion into North America and reinforcing our position as the go to platform for revenue management and optimization. With this funding, we are set up to scale effectively and continue to deliver value to our partners worldwide.”
“With this investment, Buynomics is well positioned to become a leading platform in end-to-end revenue optimisation,” said Max Wolff, Managing Director at Insight Partners. “We are thrilled to continue our support of them as they expand globally and unlock new opportunities across industries.”
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