Debajyoti Ray, Co-founder of Pasadena Labs

Debajyoti Ray, Co-founder of Pasadena Labs

Pasadena Labs is an analytic company, whose first product, Pr1ce, is a mobile app that predicts the sale price of a unique product for the auction industry. So far the company has aggregated over 9.5 million live auction transactions in its dataset, and is currently handling over $1M of transaction per month through its beta testers.

With Pr1ce, users can make better buying decisions on what products to buy and what to pay for an item that they will sell at auction. Utilizing a patent pending process for dynamic price categorization, a user can enter any keyword description into the app and have returned a predictive price estimate for what that product will sell for at auction and the likelihood of a sale.

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