Bungee
Enterprise Web Scraping & Anlytics SaaS.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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Bungee Tech provides a retail performance optimization platform designed to give businesses a competitive edge in the global market. The company was founded in the fall of 2017 by former Amazon employees Rajat Nigam and Charles Ding. Drawing from their experience building Amazon's competitive intelligence engine, they aimed to create a solution to address inefficient and complex data collection methods.
The company launched as a business in 2018 after being accepted into UC Berkeley's Skydeck startup incubator, prompting the founders to pursue the venture full-time. Bungee Tech's core business revolves around a software-as-a-service (SaaS) model, offering enterprise data technology solutions to retailers and CPG manufacturers. The platform utilizes artificial intelligence and machine learning to gather and analyze data on pricing, promotions, assortment, and product availability. This service helps clients monitor competitors, identify assortment gaps, and optimize their pricing strategies through dashboards and visualizations. The company's technology is capable of collecting publicly available data from websites, mobile apps, and APIs at scale, navigating anti-bot defenses to ensure a continuous flow of intelligence.
Financially, Bungee Tech is backed by Silicon Valley investors, including NextGen Venture Partners, Cervin Ventures, and Berkeley SkyDeck. The company has raised at least $3.3 million in funding over several rounds. In January 2025, Bungee Tech announced its merger with ClearDemand, a provider of AI-driven retail pricing and promotion solutions. This merger created a more comprehensive platform that combines Bungee Tech's competitive intelligence capabilities with ClearDemand's price optimization science, now operating under the ClearDemand name. The combined entity serves a wide range of retailers, from grocery and convenience stores to e-commerce businesses.
Keywords: retail analytics, competitive intelligence, price optimization, assortment management, promotion monitoring, CPG data, retail data solutions, e-commerce intelligence, data-driven retail, market insight software, competitive pricing, product matching, AI in retail, SaaS, ClearDemand, Rajat Nigam, Charles Ding, retail technology solutions, omnichannel analytics, digital shelf analytics