About Welcome Commerce
Welcome Commerce is a company based in New York (United States) founded in 2011 by Dan Herman, Waqas Hussain, and Matt Wild was acquired by Salsify in November 2018. Welcome Commerce has raised $26.79 million across 8 funding rounds from investors including Salsify, FirstMark and Techstars. Welcome Commerce operates in a competitive market with competitors including Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.
- Headquarter New York, United States
- Founders Dan Herman, Waqas Hussain, Matt Wild
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Sectors
TechnologyRetail
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Email
Locked
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Phone
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Website
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Social
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- Jurisdiction Coimbatore, Tamil Nadu, India
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Annual Revenue
$251.64 K (USD)-11.07as on Mar 31, 2017
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Net Profit
$2.9 K (USD)12.14as on Mar 31, 2017
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EBITDA
$7.94 K (USD)139.57as on Mar 31, 2017
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Total Equity Funding
$26.79 M (USD)
in 8 rounds
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Latest Funding Round
$2.74 M (USD), Series B
Dec 08, 2017
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Investors
Salsify
& 4 more
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Employee Count
Not available
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Acquired by
Salsify
(Nov 08, 2018)
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Funding Insights of Welcome Commerce
Welcome Commerce has successfully raised a total of $26.79M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $2.74 million completed in December 2017. 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 Welcome Commerce
Welcome Commerce has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Salsify, FirstMark and Techstars.
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SaaS angel investments are made by Ralph Mack's family office.
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Early-stage venture capital is invested in tech startups across sectors.
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Welcome Commerce
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
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Investments & Acquisitions by Welcome Commerce
Investment portfolio details for Welcome Commerce
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 - Welcome Commerce
Detailed financials for Welcome Commerce
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- Profit trends
- Statement rows
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Welcome Commerce Comparisons
Peer comparison for Welcome Commerce
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Welcome Commerce
Welcome 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 Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.
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Cloud-based omnichannel communication and customer engagement platform is utilized.
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Cloud-based business process management suite solutions are delivered.
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Cloud-based unified communication solutions including voice and video are provided.
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Cloud-based customer experience management software is provided for brands.
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Tools for customer engagement across multiple channels are provided.
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Conversational AI platform is provided for digital customer experiences.
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Detailed competitors of Welcome Commerce
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Welcome Commerce
Complete news archive for Welcome Commerce
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Frequently Asked Questions about Welcome Commerce
Welcome Commerce was founded in 2011.
Welcome Commerce is headquartered in New York, United States. It is registered at New York, New York, United States.
Dan Herman is the current CEO of Welcome Commerce. They have also founded this company.
Welcome Commerce is a funded company, having raised a total of $26.79M across 8 funding rounds to date.
Annual revenue of Welcome Commerce is $251.64K as on Mar 31, 2017.
Welcome Commerce was founded in 2011 in New York, United States, as a provider of live chat software tailored for e-commerce sites. Customer identities, visit durations, and behaviors are tracked in real time to enable targeted messages with product recommendations, deals, and purchase guidance. Retailers are assisted in engaging visitors before they exit, thereby supporting conversion improvements within the online retail sector.
Welcome Commerce's top competitors include Twilio, Freshworks and Dialpad.
Welcome Commerce has 5 investors. Key investors include Salsify, FirstMark, Techstars, Costanoa Venture, and Mack Capital.