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Promi

YC S24

San Francisco, US · Founded 2024 · 2 employees · 5 known investors

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Promi is a platform that uses AI to optimize discount offers for ecommerce merchants, determining personalized discount values by product and customer to increase sales and profit.

Developer ToolsEnterprise SoftwareUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (S24)

Promi was founded in 2024 by Peter Moot and Jiaxin Lin.

PMPeter Moot
Peter MootCo-FounderHe previously held a product leadership role focused on discounts at Uber and holds degrees in economics and computer science from Harvard.
JLJiaxin Lin
Jiaxin LinCo-FounderJiaxin Lin is a co-founder of Promi with extensive background building recommendation and personalization systems in e-commerce.

Investors · 5

GoAhead VenturesreportedMenlo Park · $500K – $1M

How we know: Y Combinator's founder network · Not right? Tell us

Neer Venture Partnersreported$100K – $500K

How we know: Y Combinator's founder network · Not right? Tell us

Phoenix FundreportedNew York

How we know: Y Combinator's founder network · Not right? Tell us

ProCap VelocityreportedLynnwood

How we know: Y Combinator's founder network · Not right? Tell us

The YC application· Summer 2024 batch

Alumni Q&A

How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
Both founders previously worked at Uber, where Peter led product for discounts across Uber Eats and Rides and Jiaxin worked on the core AI team. Peter conceived of Promi after seeing how inefficient Uber's discounts were and how much certain features could improve their ROI.

Summarized from the founders' answers on their Y Combinator profile.

Images

Promi photo

Legal entities · 1

corporate structure
Promi, Inc.

In the news

Promi: Evaluate your product concepts with digital twins of your customersycombinator.com · Aug 202613 companies from YC Demo Day 1 that are worth paying attention to | TechCrunchtechcrunch.com · Sep 2024Promi - AI powered discounts for ecommerce merchantsycombinator.com · Jul 2024

Frequently asked questions

What does Promi do?
Promi is a platform that uses AI to optimize discount offers for ecommerce merchants, determining personalized discount values by product and customer to increase sales and profit.
Who founded Promi?
Promi was founded by Peter Moot, Jiaxin Lin in 2024.
Who are Promi's investors?
Promi's investors include Y Combinator, GoAhead Ventures, Neer Venture Partners, Phoenix Fund, ProCap Velocity.
Where is Promi headquartered?
Promi is headquartered in San Francisco, US.