Magento Commerce revenue hit $47.4M in 2024

Magento Commerce generates revenue from 110000000 customers

Magento Commerce

United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How Magento Commerce hit $47.4M revenue and 110M customers in 2021.

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.

Founded

2008

Founded

Revenue

$47.4M

2021 Revenue

YOY

-----

YOY

Funding

$250M

Funding

Magento Commerce Revenue

In 2021, Magento Commerce revenue run rate hit $47.4M in revenue.

  • 2021

    Magento Commerce hit $47.4M in revenue in 2021

  • 2008

    Magento Commerce launched in 2008 with $0 revenue

Magento Commerce Funding History

  • 2017

    Magento Commerce raised a of in January, 2017

FUNDING DATE ROUND AMOUNT VALUATION
January, 04 2017

Team

Magento Commerce has 564 total employees and 88 sales reps that carry a quota. They have 110,000,000 customers an engineering team of 170 and a marketing team of 16.

DISTRIBUTION QTY
Total team size 564
Engineer 170 (30%)
Sales 88 (16%)
Marketing 16 (3%)

Founder / CEO

Shantanu Narayen

Q&A

  • What's your age?

    -

  • Favorite online tool?

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  • Favorite book?

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  • Favorite CEO?

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  • Advice for 20 year old self

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Customers

Churn

Magento Commerce Executives

Name Position Working Email Personal Email
Shantanu Narayen CEO - -

Magento Commerce Employees

Name Position Working Email Personal Email
Shantanu Narayen CEO - -

Frequently Asked Questions about Magento Commerce

  • When was Magento Commerce founded?

    Magento Commerce was founded in 2008.

  • How much revenue does Magento Commerce generate?

    Magento Commerce generates $47.4M in revenue.

  • Who is the CEO of Magento Commerce

    The CEO of Magento Commerce is Shantanu Narayen.

  • How much funding does Magento Commerce have?

    Magento Commerce raised $250M.

  • How many employees does Magento Commerce have?

    Magento Commerce has 564 employees.

  • Where is Magento Commerce headquarters?

    Magento Commerce is headquartered at United States

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