CommerceIQ revenue hit $99.2M in 2024

CommerceIQ generates revenue from 2200 customers

CommerceIQ

2100 Geng Rd Suite 210, Palo Alto, California, 94043, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How CommerceIQ hit $99.2M revenue and 2.2K customers in 2023.

The company that owns CommerceIQ.ai is called CommerceIQ Inc. It is a software company that provides an AI-powered platform for consumer brands to optimize their e-commerce sales and operations. The platform helps brands manage their e-commerce channels more efficiently by automating tasks such as pricing, inventory management, advertising, and promotions. The goal of CommerceIQ is to help brands improve their online sales performance and increase their profitability by providing data-driven insights and automation tools.

Founded

2012

Founded

Revenue

$99.2M

2023 Revenue

YOY

344.49%

YOY

Funding

$195.5M

Funding

CommerceIQ Revenue

In 2023, CommerceIQ revenue run rate hit $99.2M in revenue.

  • 2023

    CommerceIQ hit $99.2M in revenue in 2023

  • 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

  • 2022 Series D

    CommerceIQ raised a Series D of in March, 2022

  • 2021 Series C

    CommerceIQ raised a Series C of in June, 2021

  • 2016 Series B

    CommerceIQ raised a Series B of in January, 2016

  • 2014 Series A

    CommerceIQ raised a Series A of in July, 2014

FUNDING DATE ROUND AMOUNT VALUATION
March, 21 2022 Series D
June, 22 2021 Series C
January, 14 2016 Series B
July, 16 2014 Series A

Team

CommerceIQ has 492 total employees and 66 sales reps that carry a quota. They have 2,200 customers an engineering team of 143 and a marketing team of 10.

DISTRIBUTION QTY
Total team size 492
Engineer 143 (29%)
Sales 66 (13%)
Marketing 10 (2%)

Founder / CEO

Guru Hariharan

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.

Q&A

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Customers

Churn

CommerceIQ Executives

Name Position Working Email Personal Email
Guru Hariharan CEO [email protected] -

CommerceIQ Employees

Name Position Working Email Personal Email
Guru Hariharan CEO [email protected] -

CommerceIQ Board of Directors

Frequently Asked Questions about CommerceIQ

  • When was CommerceIQ founded?

    CommerceIQ was founded in 2012.

  • How much revenue does CommerceIQ generate?

    CommerceIQ generates $99.2M in revenue.

  • Who is the CEO of CommerceIQ

    The CEO of CommerceIQ is Guru Hariharan.

  • How much funding does CommerceIQ have?

    CommerceIQ raised $195.5M.

  • How many employees does CommerceIQ have?

    CommerceIQ has 492 employees.

  • Where is CommerceIQ headquarters?

    CommerceIQ is headquartered at 2100 Geng Rd Suite 210, Palo Alto, California, 94043, United States

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