
Magento Commerce
Valuation
$142.1M
2021 Revenue
$47.4M
Customers
110M
Funding
$250M
Avg ACV
$0
Team
564
Founded
2008
How Magento Commerce CEO Shantanu Narayen grew Magento Commerce to $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.
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.
| Year | Milestone |
|---|---|
| 2021 | Magento Commerce Hit $47.4m revenue in April 2021 |
| 2008 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2017 | Funding round | $250M | - | - |
Magento Commerce Employees & Team Size
Magento Commerce employs approximately 564 people as of 2026.
Magento Commerce has 564 total employees in different roles and functions and 88 sales reps that carry a quota. They have 110M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 564 employees (April 2021) |
Founder / CEO
Shantanu Narayen
Shantanu Narayen is listed as Founder / CEO at Magento Commerce.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Magento Commerce acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
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.
How many employees does Magento Commerce have?
Magento Commerce has 564 employees.
Where is Magento Commerce headquarters?
Magento Commerce is headquartered in United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .