BlackCurve secures £1.5m Series A funding led by Nauta Capital to scale operations
The Series A round was led by Nauta Capital with participation from Mercia Fund Managers, and will be used to double the team and enhance product offerings.
BlackCurve provides an e-commerce pricing platform that helps online retailers optimise their pricing strategies. The technology automates inventory mapping and enables automated price adjustments based on competitor behaviour.
BlackCurve has secured £1.5m in a Series A funding round led by Nauta Capital, with participation from existing backer Mercia Fund Managers. The capital will be directed towards accelerating commercial operations, doubling the size of the team, and enhancing the product offering.
The London-based company operates a pricing optimisation platform powered by artificial intelligence, helping mid to large multichannel retailers automate pricing rules and drive margin growth. Nauta Capital's General Partner Carles Ferrer will join the company board following the investment.
From the founder
"We’re delighted to announce that Nauta has invested into BlackCurve. Their track record speaks for itself, and their advice and support to date has been excellent. We look forward to partnering together on this exciting chapter of our journey. With our existing investor, Mercia, following on too, it is a further proof point of the potential for us to shake up the price optimisation software market and help more retailers optimise their prices."
Philip Huthwaite
Founder at BlackCurve
Investor perspective
"For Nauta, being able to partner with BlackCurve and their highly knowledgeable founding team was an opportunity we could not pass. While exploring different pricing strategies is a key concept in most businesses, the process in which this is achieved has largely remained manual and inefficient, hardly keeping up with the changing pace of technology, but BlackCurve’s innovative solution changes this. There is also a great synergy between our existing portfolio and BlackCurve, and we look forward to working with Philip and the rest of the team in scaling BlackCurve globally."
Carles Ferrer
General Partner, Nauta
Use of funds
- 01Grow the team
- 02Continue product development
- 03Accelerate go-to-market
Investors
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About the company
BlackCurve
BlackCurve provides pricing intelligence software for online retailers.