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Luca

The Modern Pricing Engine for Retail

Shut down

About

Pricing Strategy is one of the most powerful levers that retailers have at their disposal to create growth, yet it is underleveraged. Most retail pricing teams settle for making decisions in spreadsheets, shooting in the dark, and working backward from a cost-plus margin target, leaving a LOT of money on the table.

Our founders experienced these problems at scale when they built pricing tech at Uber that made Uber a billion dollars in profit a year. They realized that retail was lacking the same quality and sophistication of price tooling. So, they built Luca.

Luca is an AI-powered co-pilot for retail operators, which constantly identifies revenue and profit headroom, makes recommendations for price adjustments and saves countless work hours along the way.

Luca is backed by Y Combinator, Menlo Ventures, and others.

Topics

Location
San Francisco, CA, United States
Team size
6 employees
YC batch
Winter 2023
Status
Shut down
Stage
Early stage

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Questions and answers

What does Luca do?

The Modern Pricing Engine for Retail

Where is Luca based?

San Francisco, CA, United States

How many people work at Luca?

6 employees, according to the company profile.

Has Luca raised money?

There are no funding rounds for Luca in our data.

What are the alternatives to Luca?

Similar startups: Standard AI, Glimpse, and BetterBasket.