About Hurricane Commerce
Hurricane Commerce is a company based in St Albans (United Kingdom) founded in 2016 by David Spottiswood, Ashley Dexter, Jan Kooyman, Martyn Noble, and Ian Venner.. Hurricane Commerce has raised $14.28 million across 7 funding rounds from investors including Shawbrook Bank. The company has 34 employees as of May 31, 2021. Hurricane Commerce offers products and services including Kona v2, Zephyr Matching Engine, and Aura Calculation & Compliance Engine. Hurricane Commerce operates in a competitive market with competitors including Wiser, Crisp, Daasity, b8ta and World Global Style Network, among others.
- Headquarter St Albans, United Kingdom
- Employees 34 as on 31 May, 2021
- Founders David Spottiswood, Ashley Dexter, Jan Kooyman, Martyn Noble, Ian Venner
- Stage Minicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hurricane Modular Commerce Limited
- Date of Incorporation 21 Mar, 2016
- Jurisdiction ST. ALBANS, HERTFORDSHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.28 M (USD)
in 7 rounds
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Latest Funding Round
- Investors
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Employee Count
34
as on May 31, 2021
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Products & Services of Hurricane Commerce
Hurricane Commerce offers a comprehensive portfolio of products and services, including Kona v2, Zephyr Matching Engine, and Aura Calculation & Compliance Engine. 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.
AI-driven tool for cross-border data challenges and customs processing
System for matching and optimizing cross-border trade data
Engine for accurate duty, tax, and regulatory compliance calculations
Funding Insights of Hurricane Commerce
Hurricane Commerce has successfully raised a total of $14.28M across 7 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Last Round
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First Round
First Round
(17 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Debt – Conventional - Hurricane Commerce | Valuation |
investors |
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| Apr, 2022 | Amount | Series A - Hurricane Commerce | Valuation |
investors |
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| Apr, 2021 | Amount | Series A - Hurricane Commerce | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Hurricane Commerce
Hurricane Commerce has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shawbrook Bank. 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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Commercial banking services are provided in the United Kingdom.
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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 Hurricane Commerce
| 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 - Hurricane Commerce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Hurricane Commerce Comparisons
Competitors of Hurricane Commerce
Hurricane Commerce 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 Wiser, Crisp, Daasity, b8ta and World Global Style Network, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Price intelligence and optimization software is provided for e-commerce retailers.
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| domain | founded_year | HQ Location |
Business analytics software is provided for CPG retailers and suppliers.
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| domain | founded_year | HQ Location |
eCommerce analytics platform is provided for online sellers.
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| domain | founded_year | HQ Location |
Delivers retail-as-a-service solutions to support business operations.
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| domain | founded_year | HQ Location |
AI powered trend forecasting and analytics for the fashion and lifestyle industry
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| domain | founded_year | HQ Location |
Retail supply optimization is facilitated through on-demand analytics.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hurricane Commerce
Frequently Asked Questions about Hurricane Commerce
When was Hurricane Commerce founded?
Hurricane Commerce was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Hurricane Commerce located?
Hurricane Commerce is headquartered in St Albans, United Kingdom. It is registered at St Albans, Hertfordshire, United Kingdom.
Is Hurricane Commerce a funded company?
Hurricane Commerce is a funded company, having raised a total of $14.28M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.6M, raised on Nov 17, 2017.
How many employees does Hurricane Commerce have?
As of May 31, 2021, the latest employee count at Hurricane Commerce is 34.
What does Hurricane Commerce do?
Founded in 2016 and based in St Albans, United Kingdom, Hurricane Commerce operates in the e-commerce compliance sector. An online platform is provided to determine import duties and taxes, along with landed cost engines and APIs. Features such as product classification, listing, and recommendations are included to support retailers in cross-border transactions. Operations focus on simplifying international shipping calculations for businesses.
Who are the top competitors of Hurricane Commerce?
What products or services does Hurricane Commerce offer?
Hurricane Commerce offers Kona v2, Zephyr Matching Engine, and Aura Calculation & Compliance Engine.
Who are Hurricane Commerce's investors?
Hurricane Commerce has 1 investor. Key investors include Shawbrook Bank.
What is Hurricane Commerce's valuation?
The valuation of Hurricane Commerce is $40.38M as of Apr 2022.
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