commercetoolsrevenue, valuation & funding
E-Commerce SoftwareMunich, Bavaria, GermanyFounded 2006CEO Dirk Hoerig
Commercetools is a cloud-based headless commerce platform that provides APIs to power e-commerce sales and similar functions for large businesses.
commercetools revenue
commercetools' annual revenue was $175M in December 2024, the most recent figure on record.
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Sep 2018 | $29.9M | – |
| Sep 2021 | $39.1M | – |
| Jun 2023 | $100MEST | GetLatka estimate |
| Dec 2024 | $175M | Confirmed by CEO |
– source not recorded
commercetools valuation
commercetools is privately held, so there is no commercetools stock to buy. Investors valued it at $1.9B in its September 2021 Series C.
commercetools funding rounds & investors
commercetools has raised $162.1M across four rounds since 2006. The latest was a $140M Series C in September 2021.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Sep 2021 | Series C | $140M | $1.9B |
| Sep 2018 | Corporate | $17M | – |
| Oct 2011 | Series A | $4.3M | – |
| Sep 2006 | Funding round | $834K | – |
| Total raised | $162.1M |
commercetools competitors
commercetools competes most directly with Shopify and BigCommerce. It is the smallest of the three by revenue.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Shopify | $11.6B | $122.3M | 8,300 | 2.6M | 2004 |
 BigCommerce | $342.4M | $224M | 1,040 | 20K | 2009 |
| commercetools | $175M | $162.1M | 642 | 200 | 2006 |
#2 of 102 E-Commerce Software companies by revenue · category median $2.7M · See the ranking
commercetools CEO & employees
Dirk Hoerig is CEO of commercetools. commercetools has 642 employees (November 2025, LinkedIn).
- Dirk HoerigCEO
BoardRichard Wells, Matt Gatto
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Nov 2025 | 642 | |
| Dec 2024 | 640 | Confirmed by CEO |
| Sep 2023 | 631 | – |
| 2023 | 631 | – |
| 2022 | 554 | – |
| Sep 2021 | 305 | – |
| Aug 2021 | 312 | – |
commercetools FAQ
What is commercetools' revenue?
commercetools' annual revenue was $175M in December 2024, according to the CEO. No later figure is on record.
What is commercetools' valuation?
Investors valued commercetools at $1.9B in its September 2021 Series C.
How much funding has commercetools raised?
commercetools has raised $162.1M across four funding rounds. The latest was a $140M Series C in September 2021.
Is commercetools publicly traded?
No. commercetools is a private company, so its shares aren't traded on a stock exchange.
How many employees does commercetools have?
commercetools has 642 employees as of November 2025, according to LinkedIn.
Who is the CEO of commercetools?
Dirk Hoerig is the CEO of commercetools.
Browse E-Commerce Software
How this page is sourced
3 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Oct 3, 2026Data disclaimerReport a correctionClaim this profileRun commercetools? Join the podcast