About Commercetools
Commercetools is a company based in Munchen (Germany) founded in 2006 by Dirk Hoerig and Denis Werner was acquired by REWE in September 2014. Commercetools has raised $289.93 million across 3 funding rounds from investors including Accel, REWE Group and Insight Partners. Commercetools has completed 1 acquisition, including FRONTASTIC. Commercetools offers products and services including Commerce Platform, B2C Commerce, and B2B Commerce. Commercetools operates in a competitive market with competitors including Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, among others.
- Headquarter Munchen, Germany
- Founders Dirk Hoerig, Denis Werner
- Stage Unicorn
-
Sectors
TechnologyRetail
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Commercetools Gmbh
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Commercetools
Commercetools offers a comprehensive portfolio of products and services, including Commerce Platform, B2C Commerce, and B2B Commerce.
Platform for building flexible digital commerce solutions.
Tools for consumer-facing eCommerce experiences.
Solutions for enterprise-to-business transactions.
People of Commercetools
Unlock access to complete
Unlock access to complete
Software Development Team
35 people
Sales and Marketing
18 people
Senior Team
11 people
Leadership Team
11 people
Product Management Team
10 people
Human Resources and Administration
6 people
Principal Team
5 people
Finance and Accounting
4 people
Unlock access to complete
Funding Insights of Commercetools
Commercetools has successfully raised a total of $289.93M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $140 million completed in September 2021. 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 Commercetools
Commercetools has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, REWE Group and Insight Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Accel is recognized as a leading venture capital firm.
|
Locked | Locked | Locked | |
|
Investment firm scaling software and technology companies from early to late stages.
|
Locked | Locked | Locked | |
|
Private equity investments are managed by BayBG in Germany.
|
Locked | Locked | Locked |
Investor details for Commercetools
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 Commercetools
Commercetools has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FRONTASTIC.
Investment portfolio details for Commercetools
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Platform offering storefront solution for online businesses
|
Locked | Locked | 2017 | Locked |
Complete acquisition details for Commercetools
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Commercetools
Detailed financials for Commercetools
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Commercetools Comparisons
Peer comparison for Commercetools
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Commercetools
Commercetools 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 Global-e, CommerceIQ, Cart.com, BigCommerce and AnyMind Group, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Software solutions for cross-border e-commerce industries are provided.
|
|
| Locked | Locked | Locked |
AI platform for retail ecommerce management and optimization is provided.
|
|
| Locked | Locked | Locked |
Software suite solutions are provided for e-commerce businesses.
|
|
| Locked | Locked | Locked |
SaaS-based software suites for e-commerce operations are provided.
|
|
| Locked | Locked | Locked |
Platforms for e-commerce, marketing, and manufacturing are provided.
|
|
| Locked | Locked | Locked |
Provider of SaaS based marking solution
|
Detailed competitors of Commercetools
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Commercetools
Complete news archive for Commercetools
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Commercetools
Commercetools was founded in 2006 and raised its 1st funding round 5 years after it was founded.
Commercetools is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Dirk Hoerig is the current CEO of Commercetools. They have also founded this company.
Commercetools is a funded company, having raised a total of $289.93M across 3 funding rounds to date.
Commercetools was founded in 2006 and is headquartered in Munich, Germany. E-commerce software solutions are offered, encompassing customer management, inventory management, product handling, and order management. Additional services include support for mobile commerce, chatbots, marketplaces, and social commerce. These solutions are utilized across industries such as fashion and lifestyle, grocery, retail, telecommunications, and transportation.
Commercetools's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
Commercetools offers Commerce Platform, B2C Commerce, and B2B Commerce.
Commercetools has made 1 acquisition, including FRONTASTIC.
Commercetools has 7 investors. Key investors include Accel, REWE Group, Insight Partners, BayBG, and Bayern Kapital.
The valuation of Commercetools is $1.9B as of Sep 2021.