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
