SRP

Dynamic Pricing for Brick & Mortar Stores

  • Stage Prototype Ready
  • Industry Software
  • Location Princeton, NJ, US
  • Currency USD
  • Founded August 2015
  • Employees 9
  • Incorporation Type C-corp
  • Website srpsystems.com

Company Summary

SRP is a Big Data company bringing 'Dynamic Pricing' to brick & mortar stores, mainly self-storage businesses

The pricing mechanism in place today for self-storage is not optimized. Our product uses machine learning, and 500+ data points for each SKU to optimize prices for revenue maximization

Self-storage business is a $33 billion size industry with 53,000 stores in the US. We acquired 200 stores from three clients till date, and adding more.

Team

  • Raju Penmatcha
    Founder and VP of Technology

    PhD Stanford, MBA Wharton. 20+ years experience in Technology and Data Science.

    Past startup success & exit as a Founder/CEO from a $10 million, INC 500/5000 company.

    Worked for Fortune 500 firms such as American Express, Goldman Sachs, Mobil Oil, etc in big data, technology, data modeling, and simulations.

    Published several papers in top journals and presented in international conferences.

  • Matthew Ryan
    Vice President of Finance

    B.S. Penn State, MBA Wharton
    President of consulting firm
    10+ years in financial services and accounting

  • Mike Gersten
    Vice President of Sales

    B.S. Wharton, MBA Michigan
    30 years experience in Sales and Business Development

  • Jiaqi Chen
    Data Scientist

    Data Scientist with Master in Statistics from Columbia University

Advisors

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