London, UK – BlackCurve Solutions Ltd (BlackCurve), a leading Information Technology & Services company headquartered in London, announced that it has closed a funding round of $914,000 led by Nauta Capital. The funds will be used to accelerate the development of its innovative pricing technology and expand its services across Europe and beyond.
Founded in 2016 by Philip and Charles Huthwaite, BlackCurve is revolutionizing the way eCommerce companies price their products. After spending 5 years designing and implementing bespoke pricing systems for major global players, the founders saw an opportunity to provide retailers with a more robust solution than simple re-pricers that blindly followed price movements without optimizing profitability. With this investment round, BlackCurve will be able to work on further developing its software which already makes pricing decisions for more than 10 million products worldwide with an underlying mission to find hidden pockets of profit.
“We are excited about our latest funding round as it allows us to further develop our revolutionary pricing technology that is helping eCommerce companies reach higher levels of profitability,” said Philip Huthwaite, founder and CEO of BlackCurve. “With this investment, we look forward to expanding our reach across Europe and beyond.”