Quick Information
- Name of Startup: DynamO Pricing
- Year Founded: 2017
- Website: Dynamopricing.com
- Type of company: B2B SaaS
- HQ Location: Budapest, Hungary
Startup Founders:
Bence Marosi – CEO
Peter Molnar – CTO
Pal Danyi PhD – CDO
Startup one-liner:
DynamO is a tech company providing fully automated pricing tool for venues to boost their revenue.
Problem the startup solves:
DynamO is a technology company providing fully automated, demand-based dynamic pricing tool for venues and event organizers. DynamO’s software boosts ticket sales revenue immediately, helps sell-out all the tickets or fill bigger venues and drastically reduces time and energy spent on proper pricing. The solution can be easily integrated with any ticketing platform where launching a dynamically priced event takes only minutes! Contact us and join our 100% satisfied clients today!
Progress and Current Status:
DynamO is a market leader in Hungary, having successfully closed an angel investment round and is expanding to global markets.
What is an Inspiring Story about the Startup?:
Amidst COVID restrictions, a startup specializing in software as a service for the event industry faced numerous challenges. DynamO was established in 2017 and went live in 2020, just as the pandemic hit and dramatically altered the market. In the face of this difficult situation, the team was left with the choice to either give up or persevere. Through dedication and hard work, they managed to survive the period without generating any revenue, and instead used the time to enhance their product. Fortunately, the event industry emerged from the pandemic more receptive and open-minded than ever before.
What is a Company the Startup Looks Up to, and Why?:
4Ocean is a company that was founded in 2017 with the mission of cleaning up the ocean and coastlines. The company was started by two surfers, Alex Schulze and Andrew Cooper, who were inspired to take action after witnessing the impact of plastic pollution on marine life during a surf trip to Bali.
Since its founding, 4Ocean has grown rapidly and has removed millions of pounds of trash from the ocean and coastlines around the world. The company has also expanded its mission to include educational initiatives aimed at raising awareness about ocean conservation and plastic pollution.
Overall, 4Ocean has gained widespread recognition for its innovative approach to tackling the issue of ocean pollution and its commitment to creating a more sustainable future.
The Company in Four Years Will Be…
Assuming successful growth, DynamO Pricing could potentially be a major player in the event ticket pricing industry on a global scale within four years.
If the company continues to execute its business plan successfully and gain traction in new markets, it could expand its customer base and revenue significantly.
With the increasing demand for event ticketing technology and pricing tools, DynamO Pricing could potentially become a household name in the industry. This could lead to partnerships with major event organizers and venues, further increasing their market share.
Moreover, the company’s early success in Hungary and expansion into international markets demonstrates a strong potential for growth. If DynamO Pricing can continue to offer innovative and effective pricing solutions, it could become a significant player in the event ticketing industry and potentially be valued at a much higher level than it is now.
Overall, the future is bright for DynamO Pricing, and with the right strategies and execution, it could become a major player in the global event ticketing market within four years.
The post DynamO Pricing | B2B SaaS appeared first on KillerStartups.
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