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HomeFinTechPriceLabs: Receives $30M Investment from Summit Partners

PriceLabs: Receives $30M Investment from Summit Partners

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PriceLabs Receives $30M Investment from Summit Partners

  • PriceLabs, a Chicago, IL-based provider of dynamic pricing and revenue management solutions for the short-term rental industry, raised $30M in funding
  • Summit Partners made the investment. Colin Mistele, Managing Director at Summit Partners, has joined the Price Labs Board of Directors
  • The company intends to use the funds to continue commitment to building revenue management solutions and accelerate global team growth
  • The company provides dynamic pricing and revenue management solutions for the short-term rental industry
  • The software provides users with data and tools to monitor and research local market conditions and adjust prices to suit the needs of the property and operations
  • Today, The company powers over 150,000 listings in more than 100 countries

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