CommerceBear

Toronto, Canada Founded: 2017 • Age: 9 yrs
Multichannel eCommerce solutions are provided for businesses.
Annual revenue - Latest available
Total funding $10.5M 1 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About CommerceBear

CommerceBear is a company based in Toronto (Canada) founded in 2017. CommerceBear has raised $10.5 million across 1 funding round from investors including FJ Labs, Garage Capital and Inovia Capital. CommerceBear offers products and services including Bear Platform and Listing Tracking Tool. CommerceBear operates in a competitive market with competitors including Furnify, Blueport, AMRAX, ShowroomSoftware and Furnichannel, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $10.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $10.5 M (USD), Seed

    Dec 08, 2022

  • Investors
    FJ Labs

    & 6 more

  • Employee Count
    Not available
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Products & Services of CommerceBear

CommerceBear offers a comprehensive portfolio of products and services, including Bear Platform and Listing Tracking Tool.

Product name locked
Category locked
Primary

Enables fast creation and publishing of product listings for brands.

Product name locked
Category locked
Locked

Helps monitor and update product listings across various channels.

People of CommerceBear

Headcount 10-50
Employee Profiles 5
Employee Profiles
People
Prateek Sethi
Manager, Merchant Operations
People
Sam Vlessing
Founder & CEO
People
Jay Ponzo
Customer Success Manager - Mid Market
People
Bob Reid
VP Of Engineering

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Funding Insights of CommerceBear

CommerceBear has successfully raised a total of $10.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $10.5 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CommerceBear

CommerceBear has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include FJ Labs, Garage Capital and Inovia Capital.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Seed-stage investments are made by Garage Capital across multiple sectors.
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Investments are made in early-stage technology companies by Inovia Capital.
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Venture capital firm focused on SaaS companies
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Investor details for CommerceBear

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by CommerceBear

Investments
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Investment portfolio details for CommerceBear

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - CommerceBear

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Detailed financials for CommerceBear

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Commercebear Comparisons

CommerceBear Primary company
Description
Multichannel eCommerce solutions are provided for businesses...
Location
Toronto, Canada
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CommerceBear

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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Competitors of CommerceBear

CommerceBear operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Furnify, Blueport, AMRAX, ShowroomSoftware and Furnichannel, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provides software solutions for furniture retailers to build online stores.
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Omnichannel web platforms are provided for furniture retailers.
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Platform for 3D scanning, modelling, and CAD software integration.
Locked Locked Locked
Provides software for product management and sales in home furnishings sector.
Locked Locked Locked
Digital services for furniture and design brands to boost sales and online strategies.
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Detailed competitors of CommerceBear

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Commercebear

Commercebear grabs $10.5m seed
Venturecapitaljournal3 years ago
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Complete news archive for CommerceBear

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about CommerceBear

CommerceBear was founded in 2017 and raised its 1st funding round 5 years after it was founded.

CommerceBear is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

CommerceBear is a funded company, having raised a total of $10.5M across 1 funding round to date.

CommerceBear was founded in 2017 in Toronto, Canada, and operates in the eCommerce sector. Multichannel solutions are delivered to businesses, encompassing catalog syndication, automated inventory management, order processing, customer support, analytics, optimized product listings, and image enhancement. Operations follow a subscription model, enabling streamlined online sales across various platforms.

CommerceBear's top competitors include Blueport, Furnify and AMRAX.

CommerceBear offers Bear Platform and Listing Tracking Tool.

CommerceBear has 7 investors. Key investors include FJ Labs, Garage Capital, Inovia Capital, Spider Capital, and Watchfire Ventures.

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