425-N Whisman Rd Mountain View, California, United States
How CommerceIQ hit $12.6M Revenue with 2K customers in 2022.
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.
In 2022, CommerceIQ revenue run rate hit $12.6M in revenue.
CommerceIQ hit $12.6M in revenue in 2021
CommerceIQ hit $7.4M in revenue in 2016
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
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
Total team size
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.