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§ Private Profile · New York City, NY, USA
Software platform applying dynamic pricing technology for boutique fitness studios to optimize class pricing and revenue.
Based in New York City, Dibs Technology provides a dynamic pricing software platform that allows boutique fitness studios to automatically adjust class rates based on real-time consumer demand. The proprietary algorithm optimizes pricing by offering discounts for undersubscribed sessions and premium rates for high-demand classes, which has been shown to increase average revenue per customer by 20 to 30 percent. The six-employee enterprise has raised $1 million in seed funding to expand its web and mobile applications, securing early financial backing from venture capital firms including lead investor Backstage Capital. The platform also provides remarketing tools and actionable data analytics for businesses in the broader health, wellness, and beauty industries, leveraging the prior fitness entrepreneurship experience its leadership gained at KiwiSweat. Dibs Technology was founded in June 2015 by co-founders Alicia Thomas and Jina Wye.
Dibs Technology has raised $1.0M across 1 funding round.
Dibs Technology has raised $1.0M in total across 1 funding round.
Dibs Technology has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in January 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 7, 2016 | $1M Seed | Gree Ventures | Caerus, Comcast Ventures, Dreamit Ventures | Announced |
Dibs Technology has raised $1.0M in total across 1 funding round.
Dibs Technology's investors include GREE Ventures, Caerus, Comcast Ventures, Dreamit Ventures.