# Spresso.AI

> Spresso.AI is a New York-based enterprise SaaS company that uses AI, machine learning and reinforcement learning to help retailers, brands and CPG companies set profit-maximizing prices at the SKU level. Spun out of the online wholesaler Boxed, Spresso packages its Pricing Intelligence, Enterprise Commerce Suite and Spend Management tools into a modular platform that continuously tests price points and allocates customer traffic toward the most profitable one. Led by CEO Jared Yaman and backed by funds and accounts managed by BlackRock, the company serves roughly 15 enterprise customers, including AEON Group and Fortune 500 brands.

- **Founded:** 2022
- **Headquarters:** New York, New York, United States
- **Founders:** Jared Yaman (CEO (previously Co-founder, COO & Head of Software at Boxed))
- **Team size:** ~35 employees
- **Products:** Pricing Intelligence (Pricing Agent), Enterprise Commerce Suite, Spend Management, Spresso.AI Pricing App for Shopify & BigCommerce
- **Notable:** Spun Boxed's Software & Services unit into an independent, BlackRock-backed SaaS company., Secured strategic and Series A investment from funds and accounts managed by BlackRock (2023-2024)., Grew ARR from roughly $2.5M at spinout to about $5M on large enterprise contracts.

## Products & services

- **Pricing Intelligence (Pricing Agent)** — AI-driven pricing engine that creates a range of candidate prices for each SKU, gathers demand data at each point, and dynamically allocates new customer traffic to the profit-maximizing price using machine learning and reinforcement learning.
- **Enterprise Commerce Suite** — End-to-end e-commerce platform for enterprise retailers, handling legacy system integration, SKU-level fulfillment, mixed-cart orders, and advanced analytics with AI capabilities.
- **Spend Management** — Advanced analytics that deliver real-time spending insights, helping companies optimize costs and resource allocation.
- **Spresso.AI Pricing App for Shopify & BigCommerce** — Packaged app that brings SKU-level, margin-protecting AI pricing to Shopify and BigCommerce storefronts.

## Achievements

- Spun Boxed's Software & Services unit into an independent, BlackRock-backed SaaS company.
- Secured strategic and Series A investment from funds and accounts managed by BlackRock (2023-2024).
- Grew ARR from roughly $2.5M at spinout to about $5M on large enterprise contracts.
- Signed AEON Group and Fortune 500 brands as enterprise customers.
- Launched apps on Google Cloud Marketplace, BigCommerce and Shopify.
- Reports a typical 20%+ revenue lift for platform users.

## Latest updates

- **2024-05** — Launched a BigCommerce app to bring AI-powered pricing to brands and retailers.
- **2024-04** — Announced initial Series A funding led by funds and accounts managed by BlackRock.
- **2023-05** — Received initial strategic investment from funds managed by BlackRock.
- **2023-01** — Launched Spresso SaaS solutions on Google Cloud Marketplace.

## Links

- Website: https://www.spresso.ai
- LinkedIn: https://www.linkedin.com/company/spresso-ai

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Profile page: https://yespress.io/spresso-ai
Published by YesPress — https://yespress.io
Last updated: 2026-07-18