← All companies

Promi

Active

Optimizing ecommerce pricing with dynamic, personalized discounts

S24·Summer 2024·B2B·San Francisco, CA, USA·Team of 2·Founded 2024

About

Promi is an AI-powered price and discount optimization platform. We help eCommerce merchants personalize their sales to generate additional revenue and profit. Ecommerce merchants and marketers typically use discounts to drive customer acquisition, boost sales during holidays, or liquidate inventory. But deciding on a discount to offer is typically guesswork. Who to send the discount to, how much to offer, and which products it applies to are, in the most advanced cases, determined manually by looking at past sales and seeing what worked well. In the majority of cases, it's what feels and sounds good. Promi leverages store data to optimize discounts at a more granular level than possible manually. We dynamically determine the best value across each product, for different users, at different times in order to maximize sales and profit.

Founders

  • Peter Moot· Founder

    Co-founder @ Promi, a pricing and discount optimization platform. Prior to Promi I led product for discounts at Uber. I have a degree in economics and computer science from Harvard.

  • Jiaxin Lin· Founder

    Co-founder of Promi. Most of my career has been working on recommendation / personalization systems in the e-commerce space. Avid coder and lifelong learner.

Product launches · 1 launch

Change history · none recorded

No changes recorded yet. Subsequent syncs will populate this timeline as fields drift.