Quicklizard
AI-based Pricing Optimization Software for Retailers
Company Overview
Snapshot
Founded in May 2010 by Pini Mandel and Yossi Cohen, Quicklizard operates with 51–200 employees. The company has raised a total of $18.58M across 4 funding rounds from 4 investors. In February 2025, Quicklizard was acquired by Riverwood Capital.
Business overview
Quicklizard develops AI-based pricing optimization software designed for retailers. Its core technology leverages semantic analysis to process internal data, such as inventory and sales history, alongside external data like competitor catalogs. This enables the software to calculate optimal pricing strategies for each product or service, identifying market trends and responding in real-time with pricing suggestions. The company's solutions aim to maximize profits and increase sales for businesses in the e-commerce and retail sectors.
Strategic signal
In February 2025, Quicklizard was acquired by Riverwood Capital. This acquisition signals a strong validation of Quicklizard's AI-based pricing optimization technology and its market relevance, indicating a strategic move by Riverwood Capital to enhance its portfolio with advanced retail technology solutions. For investors, this highlights the increasing value placed on AI-driven tools that deliver tangible financial benefits in the retail sector.
Log in to access full profile ›Company Intelligence Q&A
- What was a significant corporate development for Quicklizard in early 2025?
- In February 2025, Quicklizard was acquired by Riverwood Capital, a move that transitioned the company's ownership.
- When did Quicklizard become a publicly traded company?
- Quicklizard began trading on the Tel Aviv Stock Exchange (TASE) in February 2021, marking its initial public offering.
- What was a key partnership announced by Quicklizard in late 2023?
- In December 2023, Quicklizard brought in a strategic partner to expand its operations within the United States market.
- What was a notable partnership for Quicklizard in September 2023?
- In September 2023, UST and Quicklizard announced a partnership focused on dynamic pricing solutions for retailers.
- What was a significant funding event for Quicklizard in January 2022?
- In January 2022, Quicklizard raised 15 million ILS in a private placement from Yelin Lapidot Investment House and More Investment House.