2024 Revenue
$3.2M
Customers
1K
Funding
$0
YOY
34.6%
Avg ACV
$3.2K
Team
40
Founded
2012
How MGT-COMMERCE GmbH CEO Raphael Thiel grew to $3.2M revenue and 1K customers in 2024.
MGT-COMMERCE provides a highly reliable, scalable, low-cost infrastructure platform.
Last updated
MGT-COMMERCE GmbH Revenue
In 2024, MGT-COMMERCE GmbH's revenue reached $3.2M. The company previously reported $2.4M in 2023. Since its launch in 2012, MGT-COMMERCE GmbH has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | MGT-COMMERCE GmbH Hit $3.2m revenue in October 2024 | |
| 2023 | MGT-COMMERCE GmbH Hit $2.4m revenue in October 2023 | |
| 2021 | MGT-COMMERCE GmbH Hit $2.2m revenue in March 2021 | |
| 2012 | Launched with $0 revenue |
MGT-COMMERCE GmbH Valuation, Funding Rounds
MGT-COMMERCE GmbH is a bootstrapped Infrastructure as a Service (IaaS) Providers startup. Founded in 2012, MGT-COMMERCE GmbH has grown to $3.2M in revenue without raising any venture capital or outside funding.
As a self-funded Infrastructure as a Service (IaaS) Providers SaaS company, MGT-COMMERCE GmbH has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Raphael Thiel
MGT-COMMERCE GMBH offers professional, highly reliable expertise in Cloud Hosting for Magento. Years of experience have taught us the ideal ways of saving server costs for our clients while maintaining maximum performance and security. Customer service quality and availability receive particular attention at MGT-Commerce.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
MGT-COMMERCE GmbH serves 1K customers.
MGT-COMMERCE GmbH Employees & Team Size
MGT-COMMERCE GmbH employs approximately 40 people as of 2026, up from 29 in 2023. It serves 1K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 40 employees (October 2024) |
| 2023 | Reached 29 employees (October 2023) |
| 2022 | Reached 26 employees (October 2022) |
| 2021 | Reached 32 employees (December 2021) |
| 2021 | Reached 24 employees (March 2021) |
Frequently Asked Questions about MGT-COMMERCE GmbH
What is MGT-COMMERCE GmbH's revenue?
MGT-COMMERCE GmbH generates $3.2M in revenue.
Who founded MGT-COMMERCE GmbH?
MGT-COMMERCE GmbH was founded by Raphael Thiel.
Who is the CEO of MGT-COMMERCE GmbH?
The CEO of MGT-COMMERCE GmbH is Raphael Thiel.
How much funding does MGT-COMMERCE GmbH have?
MGT-COMMERCE GmbH raised $0.
How many employees does MGT-COMMERCE GmbH have?
MGT-COMMERCE GmbH has 40 employees.
Where is MGT-COMMERCE GmbH headquarters?
MGT-COMMERCE GmbH is headquartered in Berlin, Germany.
Compare MGT-COMMERCE GmbH to the industry
MGT-COMMERCE GmbH operates across multiple industries. Browse revenue, funding, and growth data for MGT-COMMERCE GmbH in each sector below.
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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