About Commerx
Commerx is a company based in Calgary (Canada) founded in 1995 was acquired by Lotus Innovations in January 2017.. Commerx offers products and services including Telecom Services, Digital Solutions, Billing Management, and Workforce Management. Commerx operates in a competitive market with competitors including UST, Breed Reply, Globant, NTT DATA and 1&1 IONOS, among others.
- Headquarter Calgary, Canada
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Commerx Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Lotus Innovations
(Jan 10, 2017)
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Products & Services of Commerx
Commerx offers a comprehensive portfolio of products and services, including Telecom Services, Digital Solutions, Billing Management, and Workforce Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides end-to-end telecom design and installation for businesses.
Offers custom applications and IT services for enterprise needs.
Manages billing and customer experience for telecom operators.
Handles recruitment and training for business operations.
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Funding Insights of Commerx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Commerx
Commerx has secured backing from 1 investor. Prominent investors backing the company include Lotus Innovations. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Commerx
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Commerx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Commerx Comparisons
Competitors of Commerx
Commerx 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 UST, Breed Reply, Globant, NTT DATA and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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AI, cloud, and blockchain services are provided globally.
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| domain | founded_year | HQ Location |
IT and digital transformation services are delivered to various industries.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Commerx
When was Commerx founded?
Commerx was founded in 1995.
Where is Commerx located?
Commerx is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
What does Commerx do?
Founded in 1995 and headquartered in Calgary, Canada, Commerx operates in the IT and digital services sector. Solutions are delivered to enterprises through digital strategy planning, inbound marketing, search engine optimization, campaign management, social media planning, and analytics. Software development encompasses web and cloud applications, mobile apps, and workflow automation. Net Consulting and Alternate Communications were acquired in 2010 and integrated into the group.
Who are the top competitors of Commerx?
What products or services does Commerx offer?
Commerx offers Telecom Services, Digital Solutions, Billing Management, and Workforce Management.
Who are Commerx's investors?
Commerx has 1 investor. Key investors include Lotus Innovations.