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Magento Commerce

United States

Valuation

$142.1M

2021 Revenue

$47.4M

Funding

$250M

Team

564

Founded

2008

Magento Commerce Revenue, Valuation & Funding (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.

Last updated

Magento Commerce Revenue

In 2021, Magento Commerce's revenue reached $47.4M. Since its launch in 2008, Magento Commerce has shown consistent revenue growth.

Magento Commerce Revenue GrowthReported revenue / ARR over time$0$10M$20M$30M$40M$50M20082010201220142016201820202021$0$47.4MSource: GetLatka.com
YearMilestoneSource
2021Magento Commerce Hit $47.4m revenue in April 2021
2008Launched with $0 revenue

Magento Commerce Valuation, Funding Rounds

Magento Commerce's most recent disclosed valuation is $142.1M.

Magento Commerce has raised $250M in total funding across 1 round, with its most recent round in 2017.

Magento Commerce Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$60M$0.4$120M$0.6$180M$0.8$240M$1$300M200820102012201420162017Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2017Funding round$250M--

Founder / CEO

Shantanu Narayen

CEO

Shantanu Narayen is listed as CEO at Magento Commerce.

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Customers

We do not have customer count information for Magento Commerce yet.

Magento Commerce Employees & Team Size

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 Team GrowthReported headcount over time01252503755006252008201020122014201620182020202100564564Source: GetLatka.com
YearMilestoneSource
2021Reached 564 employees (April 2021)

Frequently Asked Questions about Magento Commerce

What is Magento Commerce's revenue?

Magento Commerce generates $47.4M in revenue.

Who founded Magento Commerce?

Magento Commerce was founded by Shantanu Narayen.

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 across 1 round.

How many employees does Magento Commerce have?

Magento Commerce has 564 employees.

Where is Magento Commerce headquarters?

Magento Commerce is headquartered in United States.

Data and Sources

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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Magento Commerce Revenue 2021: $47.4M ARR, $142.1M Valuation