Magento Commerce logo
Founded 2008

Magento Commerce

2021 Revenue





How Magento Commerce hit $47.4M in Revenue with 110M Customers in 2021.

About Magento Commerce

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..

Monthly Revenue


Total Expenses


Net Income


Ebidta Margin


YOY Growth

Rule of 40



United States

Magento Commerce Revenue

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


Magento Commerce Valuation and Funding History

Magento Commerce has raised a total of $250.0M.

Why are so many SaaS founders taking money from instead of VC's?
Funding DateRoundAmountTotalValuation


Magento Commerce has 110M customers.

Lifetime Months

Monthly ARPU

Lifetime Dollars

Acquisition Cost

Average Annual Price



Magento Commerce has an annual churn rate of 0.00%

Churn vs Expansion

Gross Annual Dollar Churn


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Net Revenue Retention




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


Total Team Size



170 (30%)


88 (16%)


16 (3%)


Shantanu Narayen


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Frequently Asked Questions about Magento Commerce

When was Magento Commerce founded?

Magento Commerce was founded in 2008.

Who is the CEO of Magento Commerce?

The CEO of Magento Commerce is Shantanu Narayen

How many employees does Magento Commerce have?

Magento Commerce has 564 employees.

How much revenue does Magento Commerce generate?

Magento Commerce generates $47.4M in revenue.

How much funding does Magento Commerce have?

Magento Commerce has raised $250.0M.

Where is Magento Commerce headquarters?

Magento Commerce is headquartered at United States

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