Valuation · 2022
$1B
2024 Revenue
$136.6M(Est.)
Customers
2.2K
Funding
$195.5M
Avg ACV
$62.1K
Team · 2025
676
Founded
2012
CommerceIQ Revenue, Valuation & Funding (2024)
CommerceIQ generated an estimated $136.6M in annual revenue in 2024. Source: GetLatka estimate
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.
Last updated
CommerceIQ Revenue
In 2024, CommerceIQ's revenue reached $136.6M. The company previously reported $99.2M in 2023. Since its launch in 2012, CommerceIQ has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | CommerceIQ Hit $136.6m revenue in October 2024 | Estimated |
| 2023 | CommerceIQ Hit $99.2m revenue in December 2023 | Estimated |
| 2021 | CommerceIQ Hit $12.6m revenue in June 2021 | Not recorded |
| 2018 | CommerceIQ Hit $10m revenue in November 2018 | Not recorded |
| 2016 | CommerceIQ Hit $7.4m revenue in January 2016 | Not recorded |
| 2012 | Launched with $0 revenue |
CommerceIQ Valuation, Funding Rounds
CommerceIQ reached a $1B valuation in 2022, set during its Series D round.
CommerceIQ has raised $195.5M in total funding across 4 rounds, most recently a $115M Series D round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series D | $115M | $1B | 12% | Not recorded |
| 2021 | Series C | $60M | - | - | Not recorded |
| 2016 | Series B | $12M | - | - | Not recorded |
| 2014 | Series A | $8.5M | - | - | Not recorded |
Founder / CEO
Guru Hariharan
Founder and CEO
Guru founded Boomerang Commerce with a vision to power intelligent commerce. Formerly a leader at Amazon, Guru worked in the inceptive stages of Amazon’s supply chain and merchandising organizations. He co-founded one of Amazon’s cloud businesses, established Amazon’s first B2B marketing channel and invented Amazon’s Selling Coach to help brands and sellers to be successful with Amazon. At eBay, as the GM of Marketplace Experience, he led the global team that launched eBay’s fast shipping program. Guru earned his MS in Computer Engineering (a focus on Machine Learning) from the University of Texas at Austin, and his MBA from the Wharton School. Boomerang‘s CommerceIQ powers Growth Automation on Amazon for Kellogg’s, Kimberly Clark, Logitech and numerous other top tier brands.
Customers
CommerceIQ serves 2.2K customers.
CommerceIQ Employees & Team Size
CommerceIQ employs approximately 676 people as of 2026, up from 603 in 2024, including 66 sales reps that carry a quota. It serves 2.2K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 676 employees (November 2025) | Not recorded |
| 2024 | Reached 603 employees (October 2024) | Not recorded |
| 2023 | Reached 492 employees (September 2023) | Not recorded |
| 2023 | Reached 200 employees (July 2023) | Not recorded |
| 2023 | Reached 413 employees (January 2023) | Not recorded |
| 2022 | Reached 213 employees (March 2022) | Not recorded |
| 2022 | Reached 351 employees (January 2022) | Not recorded |
| 2021 | Reached 186 employees (August 2021) | Not recorded |
| 2021 | Reached 136 employees (June 2021) | Not recorded |
| 2016 | Reached 24 employees (January 2016) | Not recorded |
Frequently Asked Questions about CommerceIQ
What is CommerceIQ's revenue?
As of 2024, CommerceIQ generated an estimated $136.6M in annual revenue.
What is CommerceIQ's valuation?
As of 2022, CommerceIQ was valued at $1B.
Who founded CommerceIQ?
CommerceIQ was founded by Guru Hariharan.
When was CommerceIQ founded?
CommerceIQ was founded in 2012.
Who is the CEO of CommerceIQ?
The CEO of CommerceIQ is Guru Hariharan.
How much funding does CommerceIQ have?
CommerceIQ raised $195.5M across 4 rounds.
How many employees does CommerceIQ have?
As of 2025, CommerceIQ had 676 employees.
Where is CommerceIQ headquartered?
CommerceIQ is headquartered in Palo Alto, California, United States.
Compare CommerceIQ to the industry
CommerceIQ operates across multiple industries. Browse revenue, funding, and growth data for CommerceIQ in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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