Fenix Commerce Inc revenue hit $2M in 2024

Fenix Commerce Inc generates revenue from 46 customers

Fenix Commerce Inc

San Jose, California, United States

About Company RevenueTeamFounder/CEOCustomersCEO Net Worth

How Fenix Commerce Inc hit $2M revenue and 46 customers in 2023.

The FenixCommerce Intelligent Delivery Platform (IDP) calculates and displays accurate, cost-optimized order cut-off and delivery dates on your product, cart, and checkout pages. This allows you to set clear expectations that improve the overall shopper experience while: - Improving end-to-end conversion an average of 14% - Reducing cart abandonment an average of 38% - Reducing pre-sales inquiries by more than 75% - Increasing shipping revenue an average of 21% Fenix clients range from startups to major retail brands, the largest of which ships over a million orders per year from over 800 fulfillment locations. Every one of our clients sees positive return on their investment in Fenix from day 1. The Fenix IDP algorithms accomplish this by analyzing: - Customer location, by looking at known customer shipping address or via IP-based geolocation for unknown customers, while also allowing customers to enter an alternate delivery zip code - Inventory location, by looking at real-time da

Founded

2017

Founded

Revenue

$2M

2023 Revenue

YOY

16.6%

YOY

Funding

$3.5M

Funding

Fenix Commerce Inc Revenue

In 2023, Fenix Commerce Inc revenue run rate hit $2M in revenue.

  • 2023

    Fenix Commerce Inc hit $2M in revenue in 2023

  • 2021

    Fenix Commerce Inc hit $1.5M in revenue in 2021

  • 2017

    Fenix Commerce Inc launched in 2017 with $0 revenue

Fenix Commerce Inc Funding History


No funding has been reported for Fenix Commerce Inc yet.

Team

Fenix Commerce Inc has 61 total employees and 4 sales reps that carry a quota. They have 46 customers an engineering team of 1 and a marketing team of 2.

DISTRIBUTION QTY
Total team size 61
Engineer 1 (2%)
Sales 4 (7%)
Marketing 2 (3%)

Founder / CEO

Akhilesh Srivastava

Q&A

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Customers

Churn

Fenix Commerce Inc Executives

Name Position Working Email Personal Email
Akhilesh Srivastava CEO [email protected] -

Fenix Commerce Inc Employees

Name Position Working Email Personal Email
Akhilesh Srivastava CEO [email protected] -

Frequently Asked Questions about Fenix Commerce Inc

  • When was Fenix Commerce Inc founded?

    Fenix Commerce Inc was founded in 2017.

  • How much revenue does Fenix Commerce Inc generate?

    Fenix Commerce Inc generates $2M in revenue.

  • Who is the CEO of Fenix Commerce Inc

    The CEO of Fenix Commerce Inc is Akhilesh Srivastava.

  • How much funding does Fenix Commerce Inc have?

    Fenix Commerce Inc raised $3.5M.

  • How many employees does Fenix Commerce Inc have?

    Fenix Commerce Inc has 61 employees.

  • Where is Fenix Commerce Inc headquarters?

    Fenix Commerce Inc is headquartered at San Jose, California, United States

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