Frontier Capital Announces Strategic Growth Partnership with PriceSpider
Our newest investment is a compelling partnership with and growth investment in PriceSpider of Irvine, CA, an advanced retail data and technology company that provides some of the world’s largest brand manufacturers with powerful consumer conversion intelligence and brand optimization software.
We’re eager to combine Frontier’s deep experience helping B2B SaaS companies accelerate growth with PriceSpider’s market-leading technology platform.
PriceSpider serves hundreds of global brands across leading consumer verticals such as electronics and appliances, computers and office products, health and beauty, home furnishings, food, games, toys, sporting goods, and others.
Led by co-founders Anthony Ferry and Jon Pfortmiller, PriceSpider uses real-time data to connect the dots between brands, retailers, and shoppers, giving brand manufacturers visibility into their distribution channels as well as actionable insights and practical recommendations on how to optimize and increase sales.
“Our company has reached an exciting inflection point in its evolution and we believe now is an ideal time to partner with a growth equity investor to help take our company to the next level. We’re excited to leverage Frontier’s experience helping B2B SaaS businesses of our size and in our space accelerate growth, and we look forward to a successful partnership.”
– Anthony Ferry, PriceSpider CEO and co-founder
Frontier’s industry experience and expertise developed from working with successful B2B SaaS businesses were key differentiators in PriceSpider’s decision to team with us.
“We’re excited to partner with Anthony, Jon, and the rest of the PriceSpider team as we seek to help the Company accelerate its market leadership position and reach its full potential,” Frontier Partner Scott Hoch said. “From helping brand manufacturers maintain their brand integrity across online channels to giving shoppers access to authorized retailers where a product is sold, PriceSpider provides the ultimate integrated technology platform to help brand manufacturers optimize conversions.”
Hoch and Vice President Dave Pandullo will serve on PriceSpider’s board. The investment is the fifth from Frontier’s $700 million Frontier Fund V, which closed in 2017.
Learn more about PriceSpider by visiting their website: https://www.pricespider.com/