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2024 Revenue

$3.2M(Est.)

Customers

1K

Funding

$0

Avg ACV

$3.2K

Team

40

Founded

2012

MGT-COMMERCE GmbH Revenue (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.

MGT-COMMERCE GmbH Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M2012201420162018202020222024$0$2.2M$3.2MSource: GetLatka.com
YearMilestoneSource
2024MGT-COMMERCE GmbH Hit $3.2m revenue in October 2024Estimated
2023MGT-COMMERCE GmbH Hit $2.4m revenue in October 2023Estimated
2021MGT-COMMERCE GmbH Hit $2.2m revenue in March 2021
2012Launched 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.

MGT-COMMERCE GmbH Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12012Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Raphael Thiel

CEO

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.

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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.

MGT-COMMERCE GmbH Team GrowthReported headcount over time010203040502012201420162018202020222024004040Source: GetLatka.com
YearMilestoneSource
2024Reached 40 employees (October 2024)
2023Reached 29 employees (October 2023)
2022Reached 26 employees (October 2022)
2021Reached 32 employees (December 2021)
2021Reached 24 employees (March 2021)

Frequently Asked Questions about MGT-COMMERCE GmbH

What is MGT-COMMERCE GmbH's revenue?

MGT-COMMERCE GmbH generates an estimated $3.2M in annual 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 is bootstrapped and has not raised outside funding.

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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MGT-COMMERCE GmbH Revenue 2024: $3.2M Est. ARR