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United States
Provider of open-source eCommerce solutions. The company develops and provides open source eCommerce platform to merchants and retailers to integrate physical and digital shopping.
Last updated
In 2021, Magento Commerce's revenue reached $47.4M. Since its launch in 2008, Magento Commerce has shown consistent revenue growth.
Magento Commerce reached a $142.1M valuation in 2025, set during its M&A Offer round.
Magento Commerce has raised $250M in total funding across 1 round, with its most recent round in 2017.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $142.1M | - | |
| 2017 | Funding round | $250M | - | - |
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Magento Commerce yet.
Magento Commerce employs approximately 564 people as of 2026, including 88 sales reps that carry a quota. It serves 110M customers that rely on its solutions.
Magento Commerce generates $47.4M in revenue.
Magento Commerce was founded by Shantanu Narayen.
The CEO of Magento Commerce is Shantanu Narayen.
Magento Commerce raised $250M across 1 round.
Magento Commerce has 564 employees.
Magento Commerce is headquartered in United States.
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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Valuation
$142.1M
2021 Revenue
$47.4M
Funding
$250M
Team
564
Founded
2008
| Year | Milestone | Source |
|---|---|---|
| 2021 | Magento Commerce Hit $47.4m revenue in April 2021 | |
| 2008 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 564 employees (April 2021) |
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