Developer of an enterprise platform intended to empower retailers towards profitable growth through data-driven merchandising decisions. The company's platform automates actions across sales marketing and operations by bringing the disciplines of data science and machine learning to e-commerce, enabling retailers to multiply their effectiveness through automation to drive sustainable growth.
2012
Founded
$12.6M
2022 Revenue
YOY
$195.5M
Funding
CommerceIQ Revenue
In 2022, CommerceIQ revenue run rate hit $12.6M in revenue.
2021
CommerceIQ hit $12.6M in revenue in 2021
2016
CommerceIQ hit $7.4M in revenue in 2016
2012
CommerceIQ launched in 2012 with $0 revenue
CommerceIQ Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2022 Series D
CommerceIQ raised a Series D of $115M at a $1B valuation in March 2022
2021 Series C
CommerceIQ raised a Series C of $60M
2016 Series B
CommerceIQ raised a Series B of $12M
2014 Series A
CommerceIQ raised a Series A of $8.5M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
03/21/2022 | Series D | $115M | $1B |
06/22/2021 | Series C | $60M | |
01/14/2016 | Series B | $12M | |
07/16/2014 | Series A | $8.5M |
Team
CommerceIQ has 213 total employees and 20 sales reps that carry a quota. They have 2200 customers an engineering team of 70 and a marketing team of 10
DISTRIBUTION | QTY |
---|---|
Total team size | 213 |
Engineer | 70(33%) |
Sales | 20(9%) |
Marketing | 10(5%) |
CEO/Founder
Formerly a retail merchandizing, supply chain, and cloud business leader at Amazon, Guru is passionate about bridging the analytical divide in e-commerce and democratizing retail analytics. At Amazon, Guru worked in the inception stages of the supply chain and retail merchandizing organizations. He also co-founded the WebStore by Amazonprogram, driving it from ideation to cash flow positive, and established Amazon's first self-service B2B marketing channel. As the General Manager of the Marketplace Experience at eBay, he led the global team that launched the eBay “Fast N’ Free” program that drives hundreds of millions of dollars in free cash flow. Guru earned a BE in Computer Engineering from the Delhi Institute of Technology, an MS in Computer Engineering (with a focus on Machine Learning) from the University of Texas at Austin, and his MBA from the Wharton School.
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Customers
CommerceIQ has 2K customers.
Lifetime Months
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x
Monthly ARPU
-
=
Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
CommerceIQ has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About CommerceIQ
Monthly Revenue
$1M
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
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Rule of 40
0
CommerceIQ Board of Directors
Name | Position |
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CommerceIQ Executives
Name | Position |
---|---|
Guru Hariharan | CEO |
CommerceIQ Employees
Name | Position |
---|---|
Guru Hariharan | CEO |
Frequently Asked Questions about CommerceIQ
When was CommerceIQ founded?
CommerceIQ was founded in 2012.
How much revenue does CommerceIQ generate?
CommerceIQ generates $12.6M in revenue.
Who is the CEO of CommerceIQ?
The CEO of CommerceIQ is Guru Hariharan.
How much funding does CommerceIQ have?
CommerceIQ was raised $195.5M.
How many employees does CommerceIQ have?
CommerceIQ has raised 213 employees.
Where is CommerceIQ headquarters?
CommerceIQ headquater is at United States