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§ Private Profile · London, United Kingdom
AI-powered SaaS pricing optimization software for multichannel eCommerce retailers, maximizing profitability with automated pricing rules.
London-based BlackCurve develops AI-powered SaaS pricing optimization software that enables multichannel eCommerce retailers to automate smart pricing rules based on competitor data, sales history, and inventory levels. The platform currently optimizes pricing for more than 10 million products worldwide and executes approximately 15 million automated price changes per month. The company primarily serves mid-sized to large online retailers operating across sectors such as consumer electronics, sporting equipment, automotive parts, and home goods. BlackCurve has raised £3.7 million in total funding across multiple rounds, backed by prominent institutional investors including Nauta Capital, ACF Investors, and the Cambridge Angels Network. Its most recent capital injection was a £750,000 round in March 2023 aimed at expanding its market reach and reducing operational costs. The software company was officially founded in 2016 by Philip Huthwaite and Charles Huthwaite.
BlackCurve has raised $8.9M across 7 funding rounds.
BlackCurve has raised $8.9M in total across 7 funding rounds.
BlackCurve is a SaaS technology company providing AI-powered pricing optimization software for eCommerce retailers. It builds a platform that automates competitor price tracking, dynamic pricing, and profit maximization by analyzing competitor data from sources like Google Shopping, historical sales, stock levels, and marketing performance[1][3]. The tool serves online retailers with hundreds or thousands of products, particularly Shopify and Magento users, solving the problem of inefficient manual pricing or blind competitor-following re-pricers that harm profitability[1][3]. BlackCurve helps uncover "hidden pockets of profit" through dashboards and reports, with reported revenue of $5 million, 10 employees, and management of over 10 million products globally[1][2].
Founded in 2016, the company has raised about $1.7-2 million in funding and integrates seamlessly via apps and plugins, enabling quick setup and out-of-the-box use compared to slower legacy alternatives[1][2][3].
BlackCurve was founded in 2016 by father-son duo Philip Huthwaite and Charles Huthwaite, who spent five years building bespoke pricing systems for major global retailers[1]. Frustrated by eCommerce companies' over-reliance on simplistic spreadsheets or re-pricers that chased competitors blindly—often at the expense of their own profits—they identified a gap for a robust, fast-deploying solution[1]. Starting with seed investment from a small cottage in Kingston upon Thames, UK, BlackCurve quickly scaled: within three years, it secured £2 million in external funding, invested over 10,000 employee-days, and began optimizing prices for more than 10 million products worldwide[1]. Early traction came from its rapid implementation, contrasting with competitors needing over a year[1].
BlackCurve rides the wave of AI-augmented revenue management in eCommerce, where dynamic pricing tools address margin erosion from intense online competition and volatile supply chains[1][2][3]. Timing aligns with the explosion of Shopify ecosystems and Google Shopping dominance, enabling smaller retailers to compete with giants via automated intelligence—crucial as eCommerce sales hit record highs post-pandemic[3]. Market forces like rising ad costs and consumer price sensitivity favor its profit-focused approach over pure repricing[1]. By democratizing advanced pricing (previously bespoke for enterprises), BlackCurve influences the ecosystem, empowering mid-tier retailers and pressuring competitors like MaxOptra or PriceAdvantage to innovate[2].
BlackCurve is poised for accelerated growth as AI pricing becomes table stakes for eCommerce scaling beyond 2025, potentially expanding into more platforms and verticals like B2B or international markets[2][3]. Trends like real-time data integration, predictive elasticity modeling, and regulatory pushes for explainable AI will shape its trajectory, boosting adoption amid $5M+ revenue momentum[1][2][4]. Its influence may evolve from niche optimizer to ecosystem leader, especially if it leverages Shopify's dominance—watch for partnerships or acquisitions amplifying its 10M-product scale. This positions BlackCurve to keep unearthing profit in a hyper-competitive retail world, fulfilling its founding mission.
BlackCurve has raised $8.9M in total across 7 funding rounds.
BlackCurve's investors include Paul Fauset, Nauta Capital, ACF Investors, Amadeus Capital Partners, Martin Fincham, Cambridge Angels, UK Government, Vendep Capital, Victor Savyuk, Carles Ferrer, Mercia Fund Managers, Nick Kingsbury.
BlackCurve has raised $8.9M across 7 funding rounds. Most recently, it raised $910K Other Equity in March 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 17, 2023 | $910K Venture Round | Paul Fauset, Nauta Capital | — | Announced |
| Mar 1, 2023 | $910K Seed | — | ACF Investors, Amadeus Capital Partners, Nauta Capital | Announced |
| Jan 20, 2021 | $1.4M Venture Round | Martin Fincham | Cambridge Angels, Nauta Capital, UK Government | Announced |
| Jan 1, 2021 | $1M Seed | — | Nauta Capital, Vendep Capital, Victor Savyuk | Announced |
| Mar 19, 2019 | $2M Venture Round | Carles Ferrer | Mercia Fund Managers | Announced |
| Mar 1, 2019 | $2M Seed | — | Nauta Capital, Vendep Capital, Victor Savyuk | Announced |
| Feb 1, 2018 | $700K Seed | — | Amadeus Capital Partners, Nick Kingsbury, Christopher Kilroy | Announced |