About OpenCommerce
OpenCommerce is a Retail company based in San Francisco (United States) founded in 2014. Cross-border commerce solutions are provided for business operations. OpenCommerce has raised $7 million across 2 funding rounds from investors including VNG Corporation, Do Ventures and 500 Global. OpenCommerce offers products and services including ShopBase, PrintBase, and PlusBase. Its focus areas include E-Commerce Enablers, Ecommerce Software Suite, Cross Border Commerce and B2B E-Commerce. Its legal entity in India is Group Publishing India Llp (AAH-6698).
Company details
OpenCommerce was founded in 2014 and is headquartered in San Francisco, United States. The platform is focused on e-commerce, delivering tools for cross-border trade. Services encompass website development, conversion rate optimization, goods and logistics management, as well as inventory control. These features support businesses in handling international transactions and supply chain processes.
- Headquarters San Francisco, United States
- SectorsRetail
- Website opencommercegroup.com
- Social LinkedIn Facebook
- Legal Name Group Publishing India Llp
- Date of Incorporation 24 Oct, 2016
- Jurisdiction Bengaluru, Karnataka, India
- Total Equity Funding$7M (USD)
in 2 rounds
- Latest Funding Round$7M (USD), Series A
Feb 2022
- InvestorsVNG Corporation
& 2 more
Associated legal entities of OpenCommerce
OpenCommerce operates through Group Publishing India Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Group Publishing India Llp CIN AAH-6698 | Active | 24 Oct 2016 | Bengaluru, Karnataka | 2 | View details |
Products & Services of OpenCommerce
OpenCommerce offers a comprehensive portfolio of products and services, including ShopBase, PrintBase, and PlusBase.
Platform for cross-border e-commerce businesses and entrepreneurs.
End-to-end solution to convert creative ideas into profitable products.
One-stop platform for e-retail in global markets.
Funding Insights of OpenCommerce
OpenCommerce has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in February 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.
- Total Funding $7M
- Total Rounds 2
- Last Round Series A — $7M
- Investors Count 3
All 2 funding rounds of OpenCommerce with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $7M | Series A | – | VNG, Do Ventures | – |
| Nov 2015 | Seed | – | 500 Global | – |
3 investors in total: 3 institutional.
Investors in OpenCommerce
OpenCommerce has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include VNG Corporation, Do Ventures and 500 Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture capital firm focused on early-stage startups in Vietnam. | doventures.vc | Ho Chi Minh City, Vietnam | ||
Venture capital and acceleration are provided to tech startups. | 500.co | Ho Chi Minh City, Vietnam | ||
VNG Corporation is recognized as a leading technology company in Vietnam. | 2004 | vng.com.vn | Ho Chi Minh City, Vietnam |
Investor details for OpenCommerce
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Group Publishing India Llp (OpenCommerce)
Group Publishing India Llp is the primary company behind OpenCommerce. The board of Group Publishing India Llp currently have 2 directors; the longest-serving is Nischal Sukumaran, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nischal Sukumaran DIN 07610573 | Designated Partner | 24 Oct 2016 | 10 yrs | Group Publishing India Llp |
| Thomas Jay Schultz DIN 10730637 | Designated Partner | 03 Dec 2024 | 1 yr 11 mo | Group Publishing India Llp |
Timeline of OpenCommerce
3 dated milestones of OpenCommerce across 8 years, from founding to its latest funding, stage changes and deals.
- Founded OpenCommerce is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $7.0M.
Web traffic of OpenCommerce
The website of OpenCommerce (opencommercegroup.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 67.4% vs previous month
Websites whose visitors overlap most with OpenCommerce. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| facebook.com | 100% | 12.1B | #3 | View details | |
| google.com | 100% | 85.8B | #1 | View details |
Top companies in Cross-Border E-Commerce & Marketplaces
2 companies that operate in the same segment as OpenCommerce (Cross-Border E-Commerce & Marketplaces) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | USD 144.12 B | 124,320 | ||
Cross-border eCommerce solutions are delivered via SaaS for retailers. | 2015 | Hoboken, New Jersey, United States | USD 55.72 M | 90 |
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Related news about Opencommerce
Complete news archive for OpenCommerce
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Frequently Asked Questions about OpenCommerce
OpenCommerce was founded in 2014 and raised its 1st funding round 1 year after it was founded.
OpenCommerce is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
OpenCommerce is a funded company, having raised a total of $7M across 2 funding rounds to date.
OpenCommerce was founded in 2014 and is headquartered in San Francisco, United States. The platform is focused on e-commerce, delivering tools for cross-border trade. Services encompass website development, conversion rate optimization, goods and logistics management, as well as inventory control. These features support businesses in handling international transactions and supply chain processes.
OpenCommerce offers ShopBase, PrintBase, and PlusBase.
OpenCommerce has 3 investors. Key investors include VNG Corporation, Do Ventures, and 500 Global.
OpenCommerce operates through Group Publishing India Llp.
The legal entities of OpenCommerce currently have 2 directors, including Nischal Sukumaran, Thomas Jay Schultz.