Prisync raises $1.1 million seed to help ecommerce businesses automatically track their competitor prices

January 19th, 2020

Istanbul-based SaaS startup Prisync has raised $1.1 million in a seed funding round led by Collective Spark with the participation of Berlin-based ESOR Investments, the startup announced in a statement to MENAbytes.

Prisync’s co-founders (from left to right): Samet Atdag (CTO), Neslihan Sirin Saygili (Head of Development), Burc Tanir (CEO)

Founded in 2013 by Burc Tanir, Samet Atdag & Neslihan Sirin Saygili, Prisync enables ecommerce businesses of all sizes to automate competitor price tracking and price optimization processes.

The prices can be tracked and monitored by adding URLs of competitor products in Pisync’s dashboard. There’s also the option of bulk importing and exporting data. The software also comes with stock availability tracking, instant change notifications, and a dynamic price engine for repricing automation. It is also available as a Shopify and Magento plugin, making it easy for the users of these platforms to use its services. The startup had acquired its Australia-based competitor Spotlite in March 2019.

“Our team has managed to create and scale a 100% global product out of Turkey and this was only achievable with a complimentary team & a team-work first culture. Our team also knows that B2B also involves people after all. Therefore, we have a 7/24 live customer support team distributed in 3 time-zones and that human-touch at the support level adds an absolutely unmatched layer on top of our product.”

Samet Atdag, Co-founder & CTO

Prisync currently serves hundreds of customers in over 50 countries across the world including many in the Middle East & North Africa, its co-founder and CEO Burc Tanir told.

-Source: Menabytes

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