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CommerceIQ: Revenue, Valuation & Competitors

CommerceIQ company overview

Ownership
PE-backed
Employees
618
Investors
Insight Partners
Revenue / FTE
$8•k

About

CommerceIQ is an AI-powered retail ecommerce management platform founded in 2012 and headquartered in the United States. The company serves over 2,200 brand customers across consumer packaged goods, consumer electronics, home & personal care, and retail industries, supporting operations across over 450 omnichannel retailers in 41 countries spanning the Americas, EMEA, and APAC regions. CommerceIQ provides analytics and AI-based features for brands selling and advertising on e-commerce platforms like Amazon and Walmart, offering analytical services for e-commerce sales growth and AI and analytics-backed features for improving online e-commerce ad campaigns. It operates on a subscription-based recurring revenue model with an estimated revenue of around $55 million and serves approximately 300 customers, with over 90% of revenue coming from the USA. CommerceIQ achieved unicorn valuation status with a $115 million Series D investment from SoftBank Vision Fund 2 in 2022.
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Ownership & Key Financials

Revenue

$5•m '••
1

Investors

Insight Partners
'22

Revenue / FTE

$8•k '••
1

Ownership

PE-backed

FTEs

1
+60% CAGR
93
2020
186
2021
359
2022
511
2023
618
2024

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