Direct Commerce revenue hit $4.1M in 2024

Direct Commerce generates revenue from 1000 customers

Direct Commerce

Palo Alto, California, United States

About Company RevenueTeamFounder/CEOCustomersCEO Net Worth

How Direct Commerce hit $4.1M revenue and 1K customers in 2023.

Provider of invoicing and payment management services. The company offers cloud-based automation services like discount management, order management, electronic data interchange integration, payment remittance, hosted imaging, vendor management along with services for accounts payable, treasury, and procurement.

Founded

1999

Founded

Revenue

$4.1M

2023 Revenue

YOY

0.4%

YOY

Funding

$7.5M

Funding

Direct Commerce Revenue

In 2023, Direct Commerce revenue run rate hit $4.1M in revenue.

  • 2023

    Direct Commerce hit $4.1M in revenue in 2023

  • 2021

    Direct Commerce hit $4M in revenue in 2021

  • 1999

    Direct Commerce launched in 1999 with $0 revenue

Direct Commerce Funding History


No funding has been reported for Direct Commerce yet.

Team

Direct Commerce has 38 total employees and 3 sales reps that carry a quota. They have 1,000 customers an engineering team of 12 and a marketing team of 2.

DISTRIBUTION QTY
Total team size 38
Engineer 12 (32%)
Sales 3 (8%)
Marketing 2 (5%)

Founder / CEO

Bruce Hanavan

A proven business leader with a background in technology, sales, and marketing, Bruce Hanavan founded Direct Commerce in 2000. A series of in-depth customer interviews laid the groundwork for the uniquely flexible Direct Commerce platform, which remains one of the easiest-to-use S2P automation platforms for global organizations. Before Direct Commerce, Bruce was President and Founder of Cohesive Systems, which he sold in 1996. Bruce is an avid tournament golfer and a member of the oldest athletic club west of the Mississippi, The Olympic Club. He enjoys Ashtanga yoga and spending time with his wife Emily and two children, Grace and Henry.

Q&A

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Customers

Churn

Direct Commerce Executives

Name Position Working Email Personal Email
Bruce Hanavan CEO [email protected] -

Direct Commerce Employees

Name Position Working Email Personal Email
Bruce Hanavan CEO [email protected] -

Frequently Asked Questions about Direct Commerce

  • When was Direct Commerce founded?

    Direct Commerce was founded in 1999.

  • How much revenue does Direct Commerce generate?

    Direct Commerce generates $4.1M in revenue.

  • Who is the CEO of Direct Commerce

    The CEO of Direct Commerce is Bruce Hanavan.

  • How much funding does Direct Commerce have?

    Direct Commerce raised $7.5M.

  • How many employees does Direct Commerce have?

    Direct Commerce has 38 employees.

  • Where is Direct Commerce headquarters?

    Direct Commerce is headquartered at Palo Alto, California, United States

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