Draft:Prefixbox

Prefixbox is a cloud-based, B2B SaaS company, providing product search solutions for E-commerce retailers. It is headquartered in Budapest, Hungary.

History
Prefixbox was founded in 2014 in Budapest, Hungary by István Simon.

It was originally a company focused on creating an Autocomplete solution for retailers, but later expanded its offering.

Prefixbox’s Autocomplete was released in 2015, followed by their Search Engine, Related Keywords, and Related Products in 2016.

Prefixbox received its first investment in 2017 from Péter Balogh, a Hungarian angel investor. This was followed by a seed investment by Euroventures in 2019. Euroventures invested again in 2021.

Prefixbox claims to be present in more than 10 countries.

Though Prefixbox’s solutions provide a high degree of search result relevance, their premium pricing model has limited its adoption to enterprise retailers.

About the product
Prefixbox’s solution is made up of 3 suites focused on product search and discovery: Prefixbox Search, Prefixbox Recommend, and Prefixbox Insights.

The products can be integrated with any Ecommerce platform via front-end, API or mobile app integration.

The Hybrid Search Engine leverages Artificial Intelligence, vector technology and large language models.

Recognition
In 2018, Gartner recognized Prefixbox as a leading search provider. Moving forward, the company is recommended by Gartner every year.

In 2019, Prefixbox won "Employer of the year" by IT Business.

In 2020, Finances Online awarded the company for "Great User Experience".

Prefixbox was nominated for the "Lovable Workplaces Award" by DreamJobs in 2021 and 2022, and finished in the Top 200 Hungary-based companies both times.