commercetools

commercetools

Cloud-based e-commerce software focused on APIs and micro services for real omnichannel customer experiences. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20152016201720182019
Revenues3.2m9.3m9.3m9.3m13.6m
% growth-194 %--46 %
Profit---(4.5m)(5.2m)
% profit margin---(49 %)(38 %)

Source: Dealroom estimates

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DateInvestorsAmountRound

$800k

Seed

N/A

Series A

N/A

Acquisition

$17.0m

Growth Equity VC

N/A

Corporate spinout

€130m

Late VC
N/A

N/A

Growth Equity non VC

$140m

Valuation: $1.9b

Series C
Total Funding$301m

Recent News about commercetools

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More about commercetoolsinfo icon
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Commercetools is a technology company that specializes in providing a cloud-based platform for eCommerce businesses. The company operates in the digital commerce market, offering tools that help businesses create and manage their online stores. Commercetools serves a wide range of clients, from small startups to large enterprises, across various industries including retail, fashion, and consumer goods.

The core of commercetools' business is its API-first approach, which means that its platform is built around Application Programming Interfaces (APIs). This allows businesses to easily integrate commercetools' services with their existing systems. The platform supports various modern technologies such as GraphQL, SCALA, and REST API, making it highly flexible and scalable. Additionally, commercetools leverages cloud computing to ensure that its services are reliable and can handle large volumes of traffic.

Commercetools makes money through a subscription-based business model. Clients pay a recurring fee to access the platform's features and services. This model provides a steady stream of revenue and allows the company to invest in continuous improvements and new features. The company also offers premium features and custom solutions, which can generate additional revenue.

In summary, commercetools is a leading provider of cloud-based eCommerce solutions, helping businesses of all sizes to build and manage their online stores efficiently. Its API-first approach and use of modern technologies make it a flexible and scalable solution for digital commerce.

Keywords: eCommerce, cloud-based, API-first, digital commerce, subscription model, scalability, integration, retail, technology, platform.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by commercetools

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Frontastic
ACQUISITION by commercetools Nov 2021